Pension Finance
putting the risks and costs of defined benefit plans back under your control
$167.52
- Hardcover
336 pages
- Release Date
17 October 2011
Summary
Pension Finance: Reclaiming Control of Your Defined Benefit Plan
Pension plans worldwide are facing a crisis. U.S. plans alone have a total accrued liability funding deficit near $4 trillion, rivaling the federal debt. Many government, corporate, and multi-employer pension sponsors may default on promised benefits, while others terminate plans due to unexpected deficits and high contributions.
Pension Finance: Putting the Risks and Costs of Defined Benefit Plans Back und…
Book Details
| ISBN-13: | 9781118106365 |
|---|---|
| ISBN-10: | 1118106369 |
| Series: | Wiley Finance |
| Author: | M. Barton Waring, Robert C. Merton |
| Publisher: | John Wiley & Sons Inc |
| Imprint: | John Wiley & Sons Inc |
| Format: | Hardcover |
| Number of Pages: | 336 |
| Edition: | 1st |
| Release Date: | 17 October 2011 |
| Weight: | 544g |
| Dimensions: | 231mm x 155mm x 33mm |
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What They're Saying
Critics Review
“Represents a timely and valuable contribution. Waring has been studying pension management for decades, and his sound economic foundation is grounded in reality through his work in the trenches. Drawing on this expertise, he has produced a perfect resource for anyone hoping to understand the practical aspects of measuring defined benefit risks… Waring is writing to leave a legacy for pension advisers. He has succeeded in creating one of the definitive works on the structure and management of defined benefit plans. Pension Finance forcefully dispels any notion that easy solutions exist. No accounting magic or special portfolio strategy can rid companies of underfunding. Although the sobering truth is hard to swallow, Waring’s clarity makes this book essential.”— CFA Institute Publications
About The Author
M. Barton Waring
M. BARTON WARING is a financial economist and lawyer, and an active researcher in pension finance and investing. He retired in 2009 from his role as CIO for investment strategy and policy, emeritus, at Barclays Global Investors. Mr. Waring is well known in the pension industry for his many thoughtful and often prizewinning articles. He serves on the editorial board of the Financial Analysts Journal and as an Associate Editor of the Journal of Portfolio Management.
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