Retirement system risk management : implications of the new regulatory order / Olivia S. Mitchell, Raimond Maurer, and J. Michael Orszag. [electronic resource]

Format:

Book

Contributor:

Mitchell, Olivia S., editor.

Maurer, Raimond, editor.

Orszag, Michael, editor.

Language:

English

Subjects (All):

Pension trusts--Management.

Pension trusts.

Risk management.

Pensions.

Physical Description:

1 online resource : illustrations (black and white)

Edition:

First edition.

Place of Publication:

Oxford : Oxford University Press, 2016.

Summary:

The global financial crisis had immediate and profound impacts on pension and insurance company assets intended to finance millions of peoples' retirement. This volume illustrates several ways in which retirement risk management should be conceived of differently from bank practice.

Contents:

List of figures

List of tables

Notes on contributors

Introduction: implications of the new regulatory order for retirement system risk management / Olivia S. Mitchell, Raimond Maurer, and J. Michael Orszag

Part 1. Global risk assessment for pensions and annuities

The new insurance supervisory landscape: implications for insurance and pensions / Peter A. Fisher

Accounting-based asset return smoothing in participating life annuities: implications for annuitants, insurers, and policymakers / Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, and Ivonne Siegelin

Mark-to-market accounting for United States corporate pensions: implementation and impact / Joseph Busillo, Thomas Harvey, and Bryan Hoffman

Risk disclosure in the European insurance industry: implications for occupational pension funds / Karel Van Hulle

Pensions, risk, and global systemically important financial institutions / Brian Reid and Dan Waters

Part 2. Developments in retirement saving and retirement products

Determinants of saving for old age around the world / Asli Demirgüç-Kunt, Leora Klapper, and Georgios A. Panos

Retirement replacement rates: what and how / Andrew G. Biggs

Fundamentals of cost and risk that matter to pension savers and life annuitants / Catherine Donnelly, Montserrat Guillén, and Jens Perch Nielsen

Pension fund investment in infrastructure and global financial regulation / Javier Alonso, Alfonso Arellano, and David Tuesta

End pages

Index.

Notes:

This edition previously issued in print: 2016.

Includes bibliographical references and index.

Description based on online resource; title from home page (viewed on October 28, 2016).

ISBN:

0-19-183548-X