Pension Finance

Bol

This book provides a secure grounding in the theory and practice of finance insofar as it deals with pension matters. Pensions are a major public policy issue – in most countries, they represent a large portion of government fiscal obligations, a burden forecast to increase yet further as the ‘baby boom’ generation approaches retirement. At the same time, private pensions are a major component of financial markets and an important contributor to savings, investment and economic growth. As the global pensions crisis looms, it is essential that practitioners and researchers working in and around the pensions industry understand this subject from a multi-disciplinary perspective. Written for everyone currently working or researching in this industry, Pension Finance discusses the financial implications of economic decision making in pension provision, and provides a comprehensive and secure grounding in the theory and practice of finance, including: the various types of investment assets the allocation of personal wealth to different asset classes corporate pension finance the financial aspects of defined contribution pension plans during both the accumulation and distribution phases the financial aspects of defined benefit pension plans The book also covers important aspects of the role of pension funds and pension fund management such as performance measurement and attribution, risk management and insurance. This book provides a secure grounding in the theory and practice of finance insofar as it deals with pension matters. By using it, the reader will understand the various types of investment assets; * the allocation of personal wealth to different asset classes * corporate pension finance * the financial aspects of defined contribution pension plans during both the accumulation and distribution phases * the financial aspects of defined benefit pension plans * the role of pension funds and pension fund management * pension fund performance measurement and attribution * risk management in pension funds

Fnac

Blake (Auteur) - Verschenen op 01/09/2006 bij