Recreating sustainable retirement : resilience, solvency, and tail risk

Author(s)

Bibliographic Information

Recreating sustainable retirement : resilience, solvency, and tail risk

edited by Olivia S. Mitchell, Raimond Maurer, and P. Brett Hammond

Oxford University Press, 2014

Available at  / 1 libraries

Search this Book/Journal

Note

Includes bibliographical references and index

Description and Table of Contents

Description

The financial crisis and the ensuing Great Recession alerted those seeking to protect old-age security, about the extreme risks confronting the financial and political institutions comprising our retirement system. The workforce of today and tomorrow must count on longer lives and deferred retirement, while at the same time it is taking on increased responsibility for managing retirement risk. This volume explores new ways to think about, manage, and finance longevity risk, capital market risk, model risk, and regulatory risk. This volume offers an in-depth analysis of the 'black swans' that threaten private and public pensions around the world. Capital market shocks, surprises to longevity, regulatory/political risk, and errors in modelling, will all have profound consequences for stakeholders ranging from pension plan participants, plan sponsors, policymakers, and those who seek to make retirement more resistant. This book analyzes such challenges to retirement sustainability, and it explores ways to better manage and finance them. Insights provided help build retirement systems capable of withstanding what the future will bring.

Table of Contents

  • CAPITAL MARKET AND MODEL RISK
  • LONGEVITY RISK
  • REGULATORY AND POLITICAL RISK
  • IMPLICATIONS FOR PLAN SPONSORS

by "Nielsen BookData"

Details

Page Top