How is the financial industry dealing with the pensions timebomb?
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“An excellent summary of the issues involved”
David Collinson - Head of Business Development and Liability Acquisition, Pension Corporation
“A great read! ... Fantastic content ... coupled with a solid understanding of the private pension sector”
Andy Caddick - Head of European Operations, IFA International
Following the American Civil War, a pension scheme was established for its veterans. Poor planning and a rise in life expectancy however, meant the pensions were paid out for nearly 140 years and cost more than the war itself.
Now, as the population is living longer than ever before - what are the consequences to companies and the financial industry?
This book explores the causes of the pensions timebomb and the risks it could pose. It examines how the pension timebomb is being defused by specialist companies which hedge pension risks, and how this industry is destined to grow over the coming years.
Details
- Publication Date
- Oct 5, 2011
- Language
- English
- Category
- Business & Economics
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Alex Clifford
Specifications
- Pages
- 44
- Binding Type
- Paperback Perfect Bound
- Interior Color
- Black & White
- Dimensions
- A5 (5.83 x 8.27 in / 148 x 210 mm)