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Since the early 1980s, the structure of arrangements to provide retirement income has gradually moved from defined benefit (DB) systems to various types of arrangements in which the provision of pensions is backed by assets, either in individual accounts or in collective schemes. This change has...
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and a number of implementation issues related to the emerging view that at meaningful evaluation of the investment … evaluation of the financial performance of funded pension systems within the standard mean variance framework. It then provides a … Implications -- Notes -- References -- Chapter 6: Pension Funds, Life-Cycle Asset Allocation, and Performance Evaluation …
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