DETERMINANTS OF FINANCIAL PERFORMANCE OF PENSION FUNDS ADMINISTRATORS IN NIGERIA
Gusau Journal of Accounting and FinanceAll over the world, the need for governments seeking ways of lessening the fiscal impact of aging populations and diversifying the sources of retirement income has led to a paradigm shift from the old public pension system to the contributory pension ...
Olalekan AJAYI
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Emerging Market Pension Funds and International Diversification
Many countries are currently increasing the advanced funding of their public pension systems to improve their sustainability in the face of rapidly aging populations. When pensions are funded, the issue of asset allocation becomes of paramount importance.
Pfau, Wade Donald
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A Lifecycle Analysis of Defined Benefit Pension Plans [PDF]
This paper employs a lifecycle model from the consumption-savings literature to examine the tradeoffs between defined benefit and defined contribution pension plans.
David McCarthy
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Pension reform in China - a case study
, 2006 China is a relatively young country now, but about to undergo a remarkable demographic transformation in the near future. Despite foreseeable dramatic demographic changes, the current retirement system in China is badly structured, and not able to ...
Hu, YW
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Investment fund selection techniques from the perspective of Brazilian pension funds
Revista Contabilidade & FinançasThe aim of this article was to evaluate the effectiveness of investment fund selection techniques from the perspective of Brazilian pension funds. Asset liability management (ALM) and liability driven investment (LDI) strategies are usually adopted to ...
Jéssica Santos de Paula +1 more
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SPILLOVER EFFECTS OF PENSION FUNDS ON CAPITAL MARKETS. THE EU-15 COUNTRIES CASE [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2012 The paper aims at providing new empirical evidence for the connection between pension reform and domestic stock market development, in the case of the old member states of European Union.
MILOŞ LAURA RAISA
doaj
The determinants of the flow of funds of managed portfolios: mutual funds versus pension funds [PDF]
Due to differences in financial sophistication and agency relationships, we posit that investors use different criteria to select portfolio managers in the retail mutual fund and fiduciary pension fund industry segments. We provide evidence on investors’
Diane Del Guercio, Paula A. Tkac
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Pension Fund Investment Policy [PDF]
The purpose of this paper is to survey what is known about the investment policy of pension funds. Pension fund investment policy depends critically on the type of plan: defined contribution versus defined benefit.
Zvi Bodie
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Cross-Border Portability of Pension Rights: An Important Condition for an Integrated Market for Pension Provision. CEPS Task Force Reports No. 45, 1 April 2003 [PDF]
, 2003 Incompatibility of pension schemes in the different EU member states is major headache for human resource managers across Europe. The lack of pension portability is a source of additional costs for European enterprises, and mobile employees face a ...
Mortensen, Jorgen.
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Regulating private pension funds’ structure, performance and investments: cross-country evidence
A number of countries have introduced individual, privately managed defined-contribution accounts, where the value of the pension benefit will depend on accumulated contributions and investment returns.
Yermo, Juan +2 more
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