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New Policies for Mandatory Defined Contribution Pensions : Industrial Organization Models and Investment Products.
Mandatory defined contribution pension markets are present in a growing number of countries around the world. But despite their popularity, policymakers continue to struggle with two key policy concerns. On the one hand, a number of design shortcomings encourages pension firms to charge high adminis...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
World Bank Publications,
2010.
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| Colección: | Latin American development forum series
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Mandatory defined contribution pension markets are present in a growing number of countries around the world. But despite their popularity, policymakers continue to struggle with two key policy concerns. On the one hand, a number of design shortcomings encourages pension firms to charge high administrative fees. On the other hand, the global crisis that started in 2007 has reignited the debate on whether pension participants bear excessive investment risk. Both are valid policy concerns as their incidence can imply higher than expected levels of poverty among old age individuals. Both concerns. |
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| Descripción Física: | 1 online resource (385 pages) |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9780821383179 0821383175 9780821382769 0821382764 |