The Pension Challenge

Edited by Olivia S. Mitchell and Kent Smetters

Published in print November 2003 | ISBN: 9780199266913
Published online August 2004 | e-ISBN: 9780191601323 | DOI:
The Pension Challenge

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This book is the first in a new series produced by the Pension Research Council of the Wharton School of the University of Pennsylvania. It discusses how to improve retirement security given the volatility of the capital market, and introduces new financial instruments aimed at minimising the risks to retirement income. The book is divided into two sections. Part I presents studies on managing pension plan risks. Part II deals with global developments in retirement risk transfer.

Keywords: pension plans; retirement security; retirement income; risk transfer; risk management

Book.  359 pages.  Illustrated.

Subjects: Financial Markets

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