While not attempting to train readers as professional economists, this book aims to provide a secure grounding in the theory and practice of economics insofar as it deals with pension matters. From reading this book, the user will understand:
* The key types of pension scheme
* The role of pensions in maximizing individual lifetime welfare
* The role of pensions in individual savings and retirement decisions
* The role and consequences of the pension plan from the company's viewpoint
* The role of pensions in promoting aggregate savings
* The role of pensions and retirement in overlapping generations models
* The economics of ageing and intergenerational accounting
* The social welfare implications of pensions
* The lessons of behavioural economics for pensions
Reviews
Investments & Pensions Europe, February 2007...
"I have never seen such a concise description of pension institutions that was so crystal clear."
Pensions Age, December 2006...
"Informative without being patronizing and set out in a logical sequence with each chapter containing questions to help the reader consolidate what they have just learnt."
.net, August 2007...
"If you are looking for a solid grounding in the theory and practice of economics in relation to pensions this is a vital addition to your bookshelf."