"Pension fund benefits are crucial for pensioners' welfare and pension fund savings have accumulated to huge amounts, covering a major part of world-wide institutional investments. However, the literature on pension fund economics and finance is rather limited, caused, in part, to limited data...

"The 2008 credit crisis started with the failure of one large bank: Lehman Brothers. Since then the focus of both politicians and regulators has been on stabilising the economy and preventing future financial instability. At this juncture, we are at the last stage of future-proofing the...

1. Introduction / Jacob A. Bikker and Michiel van Leuvensteijn -- 2. Potential obstacles for competition in the financial sector / Jacob A. Bikker and Michiel van Leuvensteijn -- 3. The efficiency of firms : what difference does competition make? / Donald A. Hay and Guy S. Liu -- 4. A new way to...