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Pension, to most people, implies a regular payment from a specific age-such as retirement-until death. Individual … retirement accounts are a vehicle for retirement savings but they do not become a pension in the conventional sense of the word … expectancy is normally uncertain. So people would have to spend accumulated wealth slowly after retirement to ensure an adequate …
Persistent link: https://www.econbiz.de/10012556333
"Murphy and Musalem conduct an empirical study of the effect of the accumulation of pension fund financial assets on national saving using a panel of 43 industrial and developing countries. The authors find evidence suggesting that the accumulation of pension fund financial assets might increase...
Persistent link: https://www.econbiz.de/10010522924
The penetration level of the insurance and pension sectors in Malawi is low, but it seems adequate as compared with other countries in similar stages of development. Concentration and costs are high, the regulatory framework is outdated or inexistent and supervision is weak. An innovative pilot...
Persistent link: https://www.econbiz.de/10012247124
The value of funded pensions can depend critically on the funds' investment performance. To try and protect people's savings, governments often regulate pension funds strictly, particularly when contributions are mandatory. For example, the new funded pension systems in Latin America and Eastern...
Persistent link: https://www.econbiz.de/10012556540
retirement savings provision currently in place in Sri Lanka, particularly from the perspective of cost effectiveness and …
Persistent link: https://www.econbiz.de/10012558875
The issue of the retirement age is fundamentally linked to policies on social protection. It is an issue that … law in Vietnam, several options were presented for changing the retirement age of women. However, the National Assembly …'s retirement age in Vietnam to serve as a basis for further consultation and policy dialogue with the Government. …
Persistent link: https://www.econbiz.de/10012550889
This edition of the Pension Reform Primer examines the global trend in early retirement among rich and poorer countries …, the reasons for people retiring early, the burden of early retirement on the pension system, recent policy initiatives to … between early retirement and incentives in the pension system, a result confirmed by other international studies and by more …
Persistent link: https://www.econbiz.de/10012556539
Persistent link: https://www.econbiz.de/10003210108
"This paper studies the relation between institutional investors and capital market development by analyzing unique data on monthly asset-level portfolio allocations of Chilean pension funds between 1995 and 2005. The results depict pension funds as large and important institutional investors...
Persistent link: https://www.econbiz.de/10010520972
Persistent link: https://www.econbiz.de/10010521866