Pension fund management: a global perspective, Financial Management

Pension Fund Management: A Global Perspective

Pension funds are known worldwide more for their social security element. They have assumed more importance from the day the private sector has started replacing the state. In a pension fund system, any employee working with the state enterprise was saving in bits and pieces in the pension funds and was assured of his social security needs once he retired. In the absence of such a system, the employees have to save on their own and perhaps sometimes put in more hours of work to sustain. But with pension funds, employees of both state and private sector are assured of their future safety.

Over the last century, pensions have extended financial support to millions of retired people all over the world. However, due to the continuous bearish trend in the financial markets, most pension funds have turned red. The growing mismatch of assets and liabilities in pension funds has raised serious concerns about the future of the retirees.

Social security has been assuming centerstage ever since the collapse of the stock markets in the year 2000. Though initially, very few people were worried about the future of their social security, it has now transformed into a big crisis. A large population across the world is seriously affected by depreciation of funds investments. Pension funds riding high on the bull market of the late 1990s have promised more returns to investors than what can be really affordable.


Posted Date: 9/11/2012 1:44:12 AM | Location : United States

Related Discussions:- Pension fund management: a global perspective, Assignment Help, Ask Question on Pension fund management: a global perspective, Get Answer, Expert's Help, Pension fund management: a global perspective Discussions

Write discussion on Pension fund management: a global perspective
Your posts are moderated
Related Questions
High-yield bonds are issued by organizations that do not qualify for "investment-grade" ratings by any one of the leading credit rating agencies

Effective Duration and Convexity The modified duration is a measure of the sensitivity of a bond's price to interest rate changes; the assumption made here is that the expected

Define the first aspect of capital budgeting decision The first aspect of capital budgeting decision relates to the choice of new asset out of the alternatives available or rea

In addition to management quality, an assessment of the financial capacity of a company should also include an evaluation of trends, regulatory environment, basic

A researcher develops a regression model to understand how student-to-teacher ratios affect test scores. The researcher theorizes that age, gender, and race do not impact test scor

Evaluate the tools commonly used in estate planning, including trusts, life insurance, and annuities. Compare the tools as to how they would apply for a couple in their mid-50s who

Explain the concepts of Planning the work Determine scope and objective of the audit (to verify assets, to check adequacy of internal controls etc...). Ensuring appropr

describe the impact of different types of standards on motivation, and specifically , the likely effects on motivation of adopting the labor standards recommended for geeta & compa

Irregular Variation As the name suggests, the movement of the variable is random in nature without consistency and therefore, highly unpredictable. Since this type of irregular

Explain how using a risk-adjusted discount rate improves capital budgeting decision making compared to using a single discount rate for all projects? The risk-adjusted discount