Rent-Seeking in Private Pensions Concentration, Pricing and Performance /

• Main Authors: Hyde, Mark (Author), Borzutzky, Silvia (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2016.
• Subjects: Finance.; Bank marketing.; Personal Finance/Wealth Management/Pension Planning.; Financial Services.

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 Ch...

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.