December 2018

Practical Pension Scheme Accounting

By Shona Harvie,‎ Joanne Scriven,‎ Phil Spary Pension scheme accounts are prepared following the guidance laid out in the Pensions Statement of Recommended Practice (SORP) issued by the Pensions Research Advisory Group (PRAG). A revised version of the SORP was issued in 2018 in line with recent revisions to FRS 102 and other minor regulatory updates. The revised SORP is applicable for periods beginning 1 January 2019, and the new edition of this title reflects these changes.Starting from the trial...

December 16, 2018
Books, Management
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10Dec

The Future of Ageing in Europe: Making an Asset of Longevity

By Alan Walker This book provides the most comprehensive analysis available of the challenges created by Europe’s ageing population. Grounded in state-of-the-art scientific assessments by leading European researchers, the book is strongly policy focused. Indeed this book contains a detailed account of the policies required across a broad field, from economic sustainability and extending working lives, to healthy ageing, technological innovation, long term care and political citizenship, for the successful adaptation to the challenges of ageing in Europe and globally....

December 10, 2018
Aging, Books, Labor Market, ,
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04Dec

OECD Pensions Outlook 2018

The 2018 edition of the OECD Pensions Outlook examines how pension systems are adapting to improve retirement outcomes. It focuses on designing funded pensions and assesses how different pension arrangements can be combined taking into account various policy objectives and risks involved in saving for retirement. It looks at how countries can improve the design of financial incentives, and presents policy guidelines on aligning charges and costs of providing funded pensions. This edition also draws lessons from nationally significant investment...

December 4, 2018
Adequacy, Books, Corporate Governance, Labor Market, System Sustainability
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03Dec

Waiting on Retirement: Aging and Economic Insecurity in Low-Wage Work

By Mary Gatta America is witnessing a retirement crisis. As the labor market shifts to the gig economy and new strains restrict social security, the American Dream of secure retirement becomes further out of reach for up to half of the population. In Waiting on Retirement, Mary Gatta takes the case of restaurant workers to examine the experiences of low-wage workers who are middle-aged, aging, and past retirement age. She deftly explores the many factors shaping what it means to...

December 3, 2018
Aging, Books, Labor Market,
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03Dec

Downhill from Here: Retirement Insecurity in the Age of Inequality

By Katherine S Newman As millions of Baby Boomers reach their golden years, the state of retirement in America is little short of a disaster. Nearly half the households with people aged 55 and older have no retirement savings at all. The real estate crash wiped out much of the home equity that millions were counting on to support their retirement. And the typical Social Security check covers less than 40% of pre-retirement wages--a number projected to drop to under...

December 3, 2018
Books, Pension design, Savings, ,
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November 2018

02Nov

Curious contracts : pension fund redesign for the future

By Theo P. Kocken (Vrije Universiteit Amsterdam) Klamer’s approach of the culture of economics is relevant and applicable to investing, because culture is an extension of rhetoric and relates to uncertainty. Uncertainty, a feeling of anxiety, is handled by culture. With culture, Klamer focusses on substantial instead of instrumental rationality, and advocates value ethics. In Klamer’s approach values and conversations are central. The values of a culture are not evident and therefore have to be interpreted. Emerging from my personal...

November 2, 2018
Books, Pension design, ,
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02Nov

Immigrants in a Changing Labor Market: Responding to Economic Needs

By Michael Fix,‎ Demetrios G Papademetriou,‎ Madeleine Sumption This volume, which brings together research by leading economists and labor market specialists, examines the role immigrants play in the U.S. workforce, how they fare in good and bad economic times, and the effects they have on native-born workers and the labor sectors in which they are engaged. The book traces the powerful economic forces at play in today's globalized world and includes policy prescriptions for making the American immigration system more...

November 2, 2018
Books, Labor Market, ,
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October 2018

29Oct

How Persistent Low Returns Will Shape Saving and Retirement

By Olivia S Mitchell,‎ Robert Clark,‎ Raimond Maurer Financial market developments over the past decade have undermined what was once thought to be conventional wisdom about saving, investment, and retirement spending. How Persistent Low Returns Will Shape Saving and Retirement explores how the weak capital market performance predicted for the next several years will shape pension saving, investment, and decumulation plans. Academics, policymakers, and industry leaders debate alternative strategies to cope with these challenges globally, as economic growth remains slow...

October 29, 2018
Books, Investing, Savings, , , ,
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22Oct

Melbourne Mercer Global Pension Index 2018

The provision of financial security in retirement is critical for both individuals and societies as most countries are now grappling with the social, economic and financial effects of ageing populations. The major causes of this demographic shift are declining birth rates and increasing longevity. Inevitably these developments are placing financial pressure on existing retirement income systems. Yet, a comparison of the different pension systems around the world is not straightforward. As the OECD (2017c) comments: “Retirement-income regimes are diverse...

October 22, 2018
Books
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22Oct

Social Protection in Developing Countries: Reforming Systems

By Katja Bender,‎ Markus Kaltenborn,‎ Christian Pfleiderer Providing universal access to social protection and health systems for all members of society, including the poor and vulnerable, is increasingly considered crucial to international development debates. This is the first book to explore from an interdisciplinary and global perspective the reforms of social protection systems introduced in recent years by many governments of low and middle-income countries. Although a growing body of literature has been concerned with the design and impact of social...

October 22, 2018
Books, System Sustainability,
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