Fundamentals of Private Pensions
| Author | : | |
| Rating | : | 4.40 (592 Votes) |
| Asin | : | 0199544514 |
| Format Type | : | paperback |
| Number of Pages | : | 848 Pages |
| Publish Date | : | 2014-08-28 |
| Language | : | English |
DESCRIPTION:
The final section (Chapter 29) concludes the text with a discussion of the future of retirement plans in the United States and around the world--a particularly timely subject in light of the extreme financial volatility experienced in 2008 and the pending retirement of the baby boom generation.. The ninth edition is completely updated and reflects recent developments in retirement plans including the passage of the US Pension Protection Act of 2006 (PPA), the widespread shift toward hybrid and defined contribution plans, and a burgeoning economics and finance research literature on retirement and retirement plans. The section describes modern portfolio theory and its broad implications for retirement investing, and in two separate chapters, specific implications for defined ben
Treasury Department. in Economics from the University of Notre Dame. Dr. Previously he served as assistant secretary for economic policy at the U.S. Haley started career as consulting actuary to several of Towers Watson's largest clients; subsequently he was named to the Board of Directors and became CEO of the firm. Dr. Mr. He holds a Ph.D. Schie
"Fundamentals of Private Pensions is one of the few classics in the field, a work that no pension library should be without. Accordingly, it is a pleasure to welcome the 9th edition, published under the auspices of the Pension Research council of the Wharton School, and featuring a dream team of authors."--Journal of Pension Economics and Finance
A good reference A good reference book for anyone connected with a pension or profit sharing arrangement. It is not a guide to IRAs, Keogh plans, SEPs, rather it focuses on traditional defined contribution and defined benefit plans. While this book seems written for more for budding actuaries, those wishing to study. "Very complete yet sometimes boring: serious stuff !" according to Dimitri Karakoulko. Very coplete study, covering almost all imaginable subjects, from actuarial maths to investment management to organisation and HR aspects of pension provision. This is not a manual, though. Get a simpler and less in detail book to get a general view of the topic, and then use "Fundamentals" as refer. "You probably are required to buy this textbook otherwise why bother?" according to Eric J. Valpey. Part of the Academic-Publishing Industrial Complex. If you look hard enough on the internet you can probably find a map of the chapters from a previous edition which will suffice for any notable concepts. What a racket.