The Future of Multi-Pillar PensionsAuthor :
Paperback
Published : Thursday 29 January 2015
Description
Pension systems are under serious pressure worldwide. This book reconsiders the multi-pillar pension scheme against the background of these pressures. It asks how the pension system contributes to the three basic functions of pension schemes: facilitating life-cycle financial planning, insuring idiosyncratic risks and sharing macroeconomic risks across generations.
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