A book for pension professionals and others responsible for the institutional investment of pension funds in Canada and elsewhere that looks at how pension management has changed since the financial crash of 2008—particularly how innovations in design, governance and investing are leading to better pension outcomes. Examples are provided on how pensions are managed in a variety of countries, who is having the most success, and where the lessons learned are taking the industry. Among the specific topics covered are:
- How the Netherlands and Australia are transforming traditional defined benefit and defined contribution plans into defined ambition and target benefit hybrids
- How government initiatives are expanding pensions in some countries, including the United Kingdom and its National Employment Savings Trust (NEST)
- Evidence that long-horizon active management produces higher returns than either passive or short-horizon active management
- The evolution in the meaning of fiduciary responsibility
- Improving stakeholder communicating.
Click to see the Table of Contents.
RELATED RESOURCE: Click to see the related e-learning course Overview of Retirement Plans.
Keywords: Fiduciary responsibility|Canada|Global|Investment|General|Pension and Retirement|Defined Benefit Plans|United States|