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. For defined contribution plans investment policy is not much different than it is...

"Essentials of Investments, Twelfth Edition, is intended as a textbook on investment analysis most applicable for a student's first course in investments. The chapters are written in a modular format to give instructors the flexibility to either omit certain chapters or rearrange their order....

The third conference on the future of life-cycle saving and investing, entitled “Financial Education and Consumer Financial Protection,” was held at the Boston University School of Management on 23–25 May 2011. Like the previous two conferences, it was organized by Professor Zvi Bodie of...