Pension revolution : a solution to the pensions crisis /

Provides advice to persons interested in pension design, highlighting the TOPS (The Optimal Pension System) approach. Covers how to resolve internal and external agency issues, identify effective governance principles, investment tendencies, risk management, performance measurement, results disclosu...

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Bibliographic Details
Main Author: Ambachtsheer, Keith P
Format: Book
Language:English
Published: Hoboken, N.J. : Wiley, [2007], ©2007
Hoboken, N.J. : c2007
Series:Wiley finance series
The Wiley finance series
Wiley finance series
The Wiley finance series
Subjects:
Table of Contents:
  • Are pension funds 'irrelevant'?
  • The pension revolution? Are you a believer yet?
  • After the perfect pension storm: what now?
  • Beyond portfolio theory: the next frontier
  • The United Airlines case: tipping point for U.S. pension system?
  • Peter Drucker's pension revolution after 30 years: not over yet
  • Winning the pension revolution: why the Dutch are leading the way
  • Pension reform: evolution or revolution?
  • Can game theory help build better pension plans?
  • If DB and DC plans are not the answers, what are the questions?
  • Human foibles and agency dysfunction: building pension plans for the real world
  • DB plans and bad science
  • Peter Drucker's pension legacy: a vision of what could be
  • Reinventing pension fund management: easier said than done
  • Should (could) you manage your fund like Harvard or Ontario teachers'?
  • 'Beauty contest' investing: not dead yet
  • Eradicating 'beauty contest' investing: what it will take
  • High-performance cultures: impossible dream for pension funds?
  • How much is good governance worth?
  • The 10 percent equity return illusion: possible consequences
  • Stocks for the long run?-- Or not?
  • 'Persistent investment regimes' or 'random walk'?: Even Shakespeare knew the answer
  • The fuss about policy portfolios: adrift in institutional wonderland
  • Shifting the investment paradigm: a progress report
  • Whose investment beliefs do you believe?
  • Our 60-40 asset mix policy advice in 1987: wise or foolish?
  • 'But what does the turtle rest on?': a further exploration of investment beliefs
  • Professor Malkiel and the new investment paradigm: raining on the parade?
  • The 'post-bubble blues decade': a progress report
  • Rethinking funding policy and regulation: how should pension plans be financed?
  • Funding policy and investment policy: how should they be integrated in DB pension plans?
  • Resurrecting Ranva: adjusting investment returns for risk
  • Adjusting investment returns for risk: what's the best way?
  • Pension plan organizations: measuring 'competitiveness'
  • Measuring DC plans as 'value propositions': the new imperative for plan sponsors
  • Measuring pension fund behaviour (1992-2004): what can we learn?
  • Whither security analysis?
  • Pension funds and investment firms: redefining the relationship
  • The new pension fund management paradigm: feedback from financial analysts
  • Reconnecting GAAP and common sense: the cases of stock options and pensions
  • Is SRI bunk?
  • Alpha, beta, bafflegab: investment theory as marketing strategy
  • The Turner pensions commission report: a blueprint for global pension reform
  • More pension wisdom from Europe: the Geneva Report or pension reform
  • PERS and the pension revolution: active participant-- or passive bystander?
  • Advice for Alyson Green: how PERS can join the pension revolution
  • In conclusion: a call to arms
  • Are pension funds 'irrelevant'?
  • The pension revolution? Are you a believer yet?
  • After the perfect pension storm: what now?
  • Beyond portfolio theory: the next frontier
  • The United Airlines case: tipping point for U.S. pension system?
  • Peter Drucker's pension revolution after 30 years: not over yet
  • Winning the pension revolution: why the Dutch are leading the way
  • Pension reform: evolution or revolution?
  • Can game theory help build better pension plans?
  • If DB and DC plans are not the answers, what are the questions?
  • Human foibles and agency dysfunction: building pension plans for the real world
  • DB plans and bad science
  • Peter Drucker's pension legacy: a vision of what could be
  • Reinventing pension fund management: easier said than done
  • Should (could) you manage your fund like Harvard or Ontario teachers'?
  • 'Beauty contest' investing: not dead yet
  • Eradicating 'beauty contest' investing: what it will take
  • ^ High-performance cultures: impossible dream for pension funds?
  • How much is good governance worth?
  • The 10 percent equity return illusion: possible consequences
  • Stocks for the long run?-- Or not?
  • 'Persistent investment regimes' or 'random walk'?: Even Shakespeare knew the answer
  • The fuss about policy portfolios: adrift in institutional wonderland
  • Shifting the investment paradigm: a progress report
  • Whose investment beliefs do you believe?
  • Our 60-40 asset mix policy advice in 1987: wise or foolish?
  • 'But what does the turtle rest on?': a further exploration of investment beliefs
  • Professor Malkiel and the new investment paradigm: raining on the parade?
  • The 'post-bubble blues decade': a progress report
  • Rethinking funding policy and regulation: how should pension plans be financed?
  • Funding policy and investment policy: how should they be integrated in DB pension plans?
  • Resurrecting Ranva: adjusting investment returns for risk
  • ^ Adjusting investment returns for risk: what's the best way?
  • Pension plan organizations: measuring 'competitiveness'
  • Measuring DC plans as 'value propositions': the new imperative for plan sponsors
  • Measuring pension fund behaviour (1992-2004): what can we learn?
  • Whither security analysis?
  • Pension funds and investment firms: redefining the relationship
  • The new pension fund management paradigm: feedback from financial analysts
  • Reconnecting GAAP and common sense: the cases of stock options and pensions
  • Is SRI bunk?
  • Alpha, beta, bafflegab: investment theory as marketing strategy
  • The Turner pensions commission report: a blueprint for global pension reform
  • More pension wisdom from Europe: the Geneva Report or pension reform
  • PERS and the pension revolution: active participant-- or passive bystander?
  • Advice for Alyson Green: how PERS can join the pension revolution
  • In conclusion: a call to arms
  • Preface : Peter Drucker's pension revolution : here at last
  • Introduction : why a pension revolution now?
  • Ch. 1 Are pension funds "irrelevant"?
  • Ch. 2. The pension revolution - are you a believer yet?
  • Ch. 3. After the perfect pension storm : what now?
  • Ch. 4. Beyond portfolio theory : the next frontier
  • Ch. 5. The United Airlines case : tipping point for U.S. pension system?
  • Ch. 6. Peter Drucker's pension revolution after 30 years : not over yet
  • Ch. 7. Winning the pension revolution : why the Dutch are leading the way
  • Ch. 8. Pension reform : evolution or revolution?
  • Ch. 9. Can game theory help build better pension plans?
  • Ch. 10. If DB and DC plans are not the answers, what are the questions?
  • Ch. 11. Human foibles and agency dysfunction : building pension plans for the real world
  • Ch. 12. DB plans and bad science
  • Ch. 13. Peter Drucker's pension legacy : a vision of what could be
  • Ch. 14. Reinventing pension fund management : easier said than done
  • Ch. 15. Should (could) you manage your fund like Harvard or Ontario teachers'?
  • Ch. 16. "Beauty contest" investing : not dead yet
  • Ch. 17. Eradicating "beauty contest" investing : what it will take
  • Ch. 18. High-performance cultures : impossible dream for pension funds?
  • Ch. 19. How much is good governance worth?
  • Ch. 20. The 10 percent equity return illusion : possible consequences
  • Ch. 21. Stocks for the long run? ... or not?
  • Ch. 22. "Persistent investment regimes" or "random walk"? : even Shakespeare knew the answer
  • Ch. 23. The fuss about policy portfolios : adrift in institutional Wonderland
  • Ch. 24. Shifting the investment paradigm : a progress report
  • Ch. 25. Whose "investment beliefs" do you believe?
  • Ch. 26. Our 80-40 asset mix policy advice in 1987 : wise or foolish?
  • Ch. 27. "But what does the turtle rest on?" : a further exploration of investment beliefs
  • Ch. 28. Professor Malkiel and the new investment paradigm : raining on the parade?
  • Ch. 28. The "post-bubble blues decade" : a progress report
  • Ch. 30. Rethinking funding policy and regulation : how should pension plans be financed?
  • Ch. 31. Funding policy and investment policy : how should they be integrated in DB pension plans?
  • Ch. 32. Resurrecting Ranva : adjusting investment returns for risk
  • Ch. 33. Adjusting investment returns for risk : what's the best way?
  • Ch. 34. Pension plan organizations : measuring "competitiveness"
  • Ch. 35. Measuring DC plans as "value propositions" : the new imperative for plan sponsors
  • Ch. 36. Measuring pension fund behavior (1992 to 2004) : what can we learn?
  • Ch. 37. Whither security analysis?
  • Ch. 38. Pension funds and investment firms : redefining the relationship
  • Ch. 39. The new pension fund management paradigm : feedback from financial analysts
  • Ch. 40. Reconnecting GAAP and common sense : the cases of stock options and pensions
  • Ch. 41. Is Sri bunk?
  • Ch. 42. Alpha, beta, bafflegab : investment theory as marketing strategy
  • Ch. 43. The turner pensions commission report : a blueprint for global pension reform
  • Ch. 44. More pension wisdom from Europe : the Geneva report on pension reform
  • Ch. 45. PERS and the pension revolution : active participant ... or passive bystander?
  • Ch. 46. Advice for Alyson Green : how PERS can join the pension revolution
  • In conclusion : a call to arms.
  • Preface : Peter Drucker's pension revolution : here at last
  • Introduction : why a pension revolution now?
  • Ch. 1 Are pension funds "irrelevant"?
  • Ch. 2. The pension revolution - are you a believer yet?
  • Ch. 3. After the perfect pension storm : what now?
  • Ch. 4. Beyond portfolio theory : the next frontier
  • Ch. 5. The United Airlines case : tipping point for U.S. pension system?
  • Ch. 6. Peter Drucker's pension revolution after 30 years : not over yet
  • Ch. 7. Winning the pension revolution : why the Dutch are leading the way
  • Ch. 8. Pension reform : evolution or revolution?
  • Ch. 9. Can game theory help build better pension plans?
  • Ch. 10. If DB and DC plans are not the answers, what are the questions?
  • Ch. 11. Human foibles and agency dysfunction : building pension plans for the real world
  • Ch. 12. DB plans and bad science
  • Ch. 13. Peter Drucker's pension legacy : a vision of what could be
  • Ch. 14. Reinventing pension fund management : easier said than done
  • Ch. 15. Should (could) you manage your fund like Harvard or Ontario teachers'?
  • Ch. 16. "Beauty contest" investing : not dead yet
  • Ch. 17. Eradicating "beauty contest" investing : what it will take
  • Ch. 18. High-performance cultures : impossible dream for pension funds?
  • Ch. 19. How much is good governance worth?
  • Ch. 20. The 10 percent equity return illusion : possible consequences
  • Ch. 21. Stocks for the long run? ... or not?
  • Ch. 22. "Persistent investment regimes" or "random walk"? : even Shakespeare knew the answer
  • Ch. 23. The fuss about policy portfolios : adrift in institutional Wonderland
  • Ch. 24. Shifting the investment paradigm : a progress report
  • Ch. 25. Whose "investment beliefs" do you believe?
  • Ch. 26. Our 80-40 asset mix policy advice in 1987 : wise or foolish?
  • Ch. 27. "But what does the turtle rest on?" : a further exploration of investment beliefs
  • Ch. 28 Professor Malkiel and the new investment paradigm : raining on the parade?
  • Ch. 28. The "post-bubble blues decade" : a progress report
  • Ch. 30. Rethinking funding policy and regulation : how should pension plans be financed?
  • Ch. 31. Funding policy and investment policy : how should they be integrated in DB pension plans?
  • Ch. 32. Resurrecting Ranva : adjusting investment returns for risk
  • Ch. 33. Adjusting investment returns for risk : what's the best way?
  • Ch. 34. Pension plan organizations : measuring "competitiveness"
  • Ch. 35. Measuring DC plans as "value propositions" : the new imperative for plan sponsors
  • Ch. 36. Measuring pension fund behavior (1992 to 2004) : what can we learn?
  • Ch. 37. Whither security analysis?
  • Ch. 38. Pension funds and investment firms : redefining the relationship
  • Ch. 39. The new pension fund management paradigm : feedback from financial analysts
  • Ch. 40. Reconnecting GAAP and common sense : the cases of stock options and pensions
  • Ch. 41. Is Sri bunk?
  • Ch. 42. Alpha, beta, bafflegab : investment theory as marketing strategy
  • Ch. 43. The turner pensions commission report : a blueprint for global pension reform
  • Ch. 44. More pension wisdom from Europe : the Geneva report on pension reform
  • Ch. 45. PERS and the pension revolution : active participant ... or passive bystander?
  • Ch. 46. Advice for Alyson Green : how PERS can join the pension revolution
  • In conclusion : a call to arms.