rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Rent-Seeking in Private Pensions
    sub title: Concentration, Pricing and Performance
  name:
    name part: Hyde, Mark.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Borzutzky, Silvia.
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: xxk
    date issued: 2016
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XV, 147 p. online resource.
  abstract: This book argues that the implementation of compulsory, highly regulated, privately administered, defined contribution pensions facilitates rent-seeking behaviour on the part of the pension fund administrators and undermines the retirees’ income and well-being. While the book focuses primarily on Chile, its analysis and conclusions are applicable to several Latin American and Eastern European countries where privately administered pension systems have been implemented. Chapters evaluate the scholarly literature and empirical evidence around three aspects of the pension fund industry: structure, pricing and performance. The authors conclude that state regulation has facilitated the accumulation of capital in the hands of the pension fund administrators. They also demonstrate that these systems owe more to the values and principles of conservative philosophy than to neoliberalism in providing alternative solutions to the rent-seeking approach to retirement. Mark Hyde is a Reader in Work and Pensions at the University of Plymouth, UK. His most recent work on the privatisation of pensions has included several books and monographs:The Marketization of Social Security (2001), The Privatization of Mandatory Retirement Income Protection (2006), The Intergenerational Covenant (2010) and Classical Liberalism and Conservatism (2014). Silvia Borzutzky is a Teaching Professor at Carnegie Mellon University, USA. She has written extensively on Chilean politics and social security policies. She is the author of Vital Connections: Politics, Social Security and Inequality in Chile (2002), and co-editor of After Pinochet: The Chilean Road to Capitalism and Democracy (2006), and The Bachelet Government: Conflict and Consensus in Post-Pinochet Chile (2010). .
  table of contents: Chapter 1) A Global Revolution in Retirement Provision?: Mandatory Defined Contribution Pensions -- Chapter 2) Structure: Concentration and Ownership in the Pension Fund Management Industry -- Chapter 3) Pricing: Management Charges in Mandatory DC Pensions -- Chapter 4) Performance: Investment Regulation and Returns in Mandatory DC Pension -- Chapter 5) Conclusion.
  note: by Mark Hyde, Silvia Borzutzky.
  subject:
    topic: Finance
  subject:
    topic: Bank marketing
  subject:
    topic: Finance
  subject:
    topic: Personal Finance/Wealth Management/Pension Planning
  subject:
    topic: Financial Services
  classification: HG179
  classification: 332.041
  related item:
    title info:
      title: Springer eBooks
  identifier: 9781137580351
  identifier: http://dx.doi.org/10.1057/978-1-137-58035-1
  record info:
    record creation date: 160831
    record change date: 20171102142212.0
    record identifier: 978-1-137-58035-1