{"product_id":"the-future-of-pension-management-integrating-design-governance-and-investing-hardcover","title":"The Future of Pension Management: Integrating Design, Governance, and Investing - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eKeith P. Ambachtsheer\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eA real-world look at the pension revolution underway\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Future of Pension Management \u003c\/i\u003eoffers a progress report from the field, using actual case studies from around the world. In the mid-70s, Peter Drucker predicted that demographic dynamics would eventually turn pensions into a major societal issue; in 2007, author Keith Ambachsheer's book \u003ci\u003ePension Revolution\u003c\/i\u003e laid out the ways in which Drucker's predictions had come to pass. This book provides a fresh look at the situation on the ground, and details the encouraging changes that have taken place in pension management concepts and practices. The challenges identified in 2007 are being addressed, and this report shows how design, management, and investment innovation have led to measurably better pension outcomes.\u003c\/p\u003e \u003cp\u003ePensions have become an everyday news item, and people are rightly concerned about the security of their retirement in light of recent pension scandals and the global financial crisis. This book provides a note of encouragement, detailing the ways in which today's pensions are becoming more and more secure, and the new ideas and practices that are chipping away at the challenges.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eLearn how pension management practices are improving\u003c\/li\u003e \u003cli\u003eExamine the uptick in positive outcomes over recent years\u003c\/li\u003e \u003cli\u003eDiscover why pension investing is turning toward the long-term\u003c\/li\u003e \u003cli\u003eConsider the challenges that remain and their possible solutions\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eDrucker's vision of a needed pension revolution is unfolding in real time. Better pension designs, more effective pension governance, and more productive pension investing are mitigating many of the issues that threatened collapse. \u003ci\u003eThe Future of Pension Management\u003c\/i\u003e provides a real-world update on the state of pensions today and a look forward to the changes we still need to make.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003ePension funds have become an everyday news item, and much of the news isn't good. From the ongoing threat of future financial crises and bubbles to downright criminal scandals, workers are justifiably anxious about the security of their retirement. Fortunately, pension management is changing for the better, and \u003ci\u003eThe Future of Pension Management\u003c\/i\u003e provides a much-needed, authoritative update on the state of the pension revolution predicted by Peter Drucker back in the mid-1970s.\u003c\/p\u003e \u003cp\u003eIn this new treatise by the bestselling author who has been called the world's #1 knowledge broker in institutional investing--pension professionals, institutional investors, consultants, regulators, and legislators all get a full progress report on how pension management has changed since the financial crash of 2008--specifically how innovations in design, governance, and investing are leading to measurably better pension outcomes. Clear industry examples provide a broad perspective on how pensions are managed in a variety of countries, who is having the most success, and where the lessons learned are taking the industry. Remarkable results are being found by shifting away from short-term investment strategies to longer-term disciplines aimed at wealth creation, and as you'll see inside, these new ideas and practices, among others, are chipping away at the challenges that still remain. Highly visual features such as charts, diagrams, and bulleted talking points enhance: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eAn in-depth study into how the Netherlands and Australia are transforming traditional defined benefit and defined contribution formulas into \"defined ambition\" and \"target benefit\" hybrids\u003c\/li\u003e \u003cli\u003eInsightful examinations of how government initiatives are expanding pension coverage in some countries, including in the United Kingdom with its National Employment Savings Trust (NEST)\u003c\/li\u003e \u003cli\u003eUp-to-date evidence showing how improving governance in the global pensions sector is abandoning \"short-termism\" in favor of transforming retirement savings into wealth- producing capital\u003c\/li\u003e \u003cli\u003eStudies supporting long-horizon active management that produces higher long-term returns than either passive or short-horizon active management\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003ci\u003eThe Future of Pension Management\u003c\/i\u003e brings you up to speed and aligns you with where and how success is blossoming in the global pensions industry.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003ePension funds have become an everyday news item, and much of the news isn't good. From the ongoing threat of future financial crises and bubbles to downright criminal scandals, workers are justifiably anxious about the security of their retirement. Fortunately, pension management is changing for the better, and \u003ci\u003eThe Future of Pension Management\u003c\/i\u003e provides a much-needed, authoritative update on the state of the pension revolution predicted by Peter Drucker back in the mid-1970s. \u003c\/p\u003e\u003cp\u003eIn this new treatise by the bestselling author who has been called the world's #1 knowledge broker in institutional investing--pension professionals, institutional investors, consultants, regulators, and legislators all get a full progress report on how pension management has changed since the financial crash of 2008--specifically how innovations in design, governance, and investing are leading to measurably better pension outcomes. Clear industry examples provide a broad perspective on how pensions are managed in a variety of countries, who is having the most success, and where the lessons learned are taking the industry. Remarkable results are being found by shifting away from short-term investment strategies to longer-term disciplines aimed at wealth creation, and as you'll see inside, these new ideas and practices, among others, are chipping away at the challenges that still remain. Highly visual features such as charts, diagrams, and bulleted talking points enhance: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eAn in-depth study into how the Netherlands and Australia are transforming traditional defined benefit and defined contribution formulas into \"defined ambition\" and \"target benefit\" hybrids\u003c\/li\u003e \u003cli\u003e Insightful examinations of how government initiatives are expanding pension coverage in some countries, including in the United Kingdom with its National Employment Savings Trust (NEST)\u003c\/li\u003e \u003cli\u003eUp-to-date evidence showing how improving governance in the global pensions sector is abandoning \"short-termism\" in favor of transforming retirement savings into wealth-producing capital \u003c\/li\u003e \u003cli\u003eStudies supporting long-horizon active management that produces higher long-term returns than either passive or short-horizon active management\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003ci\u003eThe Future of Pension Management\u003c\/i\u003e brings you up to speed and aligns you with where and how success is blossoming in the global pensions industry.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eKEITH P. AMBACHTSHEER \u003c\/b\u003eis Director Emeritus of the International Centre for Pension Management at the Rotman School of Management, University of Toronto, and President of KPA Advisory Services, which provides strategic advice to a global clientele of pension and investment organizations. He is the author of three bestselling books and has been a regular contributor to industry journals since the 1970s.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 256\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1 x 9 x 6 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e March 21, 2016\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":43264601292935,"sku":"9781119191032","price":84.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/t8eLgQQ53k9781119191032.webp?v=1759690211","url":"https:\/\/booksby.splitshops.com\/products\/the-future-of-pension-management-integrating-design-governance-and-investing-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}