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  • Pension Schemes and Pension Funds in the United Kingdom

    Pension Schemes and Pension Funds in the United Kingdom by Blake, David;

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    A termék adatai:

    • Kiadás sorszáma 2
    • Kiadó OUP Oxford
    • Megjelenés dátuma 2003. április 3.

    • ISBN 9780199243532
    • Kötéstípus Keménykötés
    • Terjedelem754 oldal
    • Méret 242x164x44 mm
    • Súly 1260 g
    • Nyelv angol
    • Illusztrációk Figures and tables
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    Rövid leírás:

    Never has there been so much media interest in pensions as there is currently. Never has the pensions world changed so rapidly as it has over the last few years. This new edition of Pension Schemes and Pension Funds in the United Kingdom provides the latest information on all the key state and private pension schemes operating in the UK within the context of its long historical development since medieval times. It also examines government pensions policy over the last twenty years, and looks ahead to future trends and concerns.

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    Hosszú leírás:

    Never has there been so much media interest in pensions as there is currently. Never has the pensions world changed so rapidly as it has over the last few years; we have seen the introduction of a new state supplementary pension scheme, new stakeholder pensions, and a flood of companies closing their final salary schemes and replacing them with defined contribution schemes. Never have there been so many complaints about our pension system; about the state pension falling behind earnings, about the misselling of personal pensions, about the perceived poor value of annuities, and about high charges and poor investment performance.

    This new edition of Pension Schemes and Pension Funds in the United Kingdom provides the latest information on all the key state and private pension schemes operating in the UK, including: the basic state pension, minimum income guarantee and pension credit; the state second pension; company pension schemes; and personal and stakeholder pension schemes. It does this within the context of the long historical development of the UK pensions system since medieval times. It also examines government pensions policy over the last twenty years, in particular the reduction in state pensions and the transfer of the burden of pension provision to the funded private sector. It also examines future trends and future concerns, such as increasing longevity and the adequacy of savings for retirement when people are young and in work.

    As most pension schemes are funded, the author also examines the latest issues in pension funding, such as the new accounting standard FRS17, active and passive fund management, investment risk budgeting and management, global investment performance standards, short-termism and the Myners review of institutional investment. The book concludes with a proposal for the Ideal Pension Scheme.

    Review from previous edition A comprehensive history of the origins and development of British pensions both by the state and the private sector.

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    Tartalomjegyzék:

    Part I: The Historical Development of Pensions and Pension Schemes in the United Kingdom
    The Development of State Pensions
    The Development of Occupational, Personal, and Stakeholder Pension Schemes
    The Role of the State in the Development of Pensions and Pension Schemes
    Part II: Pensions and Pension Schemes in the United Kingdom
    The Basic State Pension Scheme, the Minimum Income Guarantee, and the Pension Credit
    The State Second Pension Scheme and its Predecessors
    Occupational Pension Schemes
    Personal and Stakeholder Pension Schemes
    Self-Employed, Partners', Executives', and Directors' Pension Schemes
    Pension Choices and Retirement Decisions
    Pensions and Public Policy
    Part III: Pension Funds in the United Kingdom
    Pension Funding in the United Kingdom
    Pension-Fund Investments
    Pension-Fund Management
    Pension-Fund Investment Performance
    The Consequences of Pension Funds for Capital Markets
    Part IV: Postscript
    The Ideal Pension Scheme
    Appendix: Pensions-Related Organizations
    Glossary

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