Dealing With The New Giants

Pension funds operate in an environment characterised by a number of serious market imperfections (poor financial education of investors and managers, imperfect... » 

Pension funds operate in an environment characterised by a number of serious market imperfections (poor financial education of investors and managers, imperfect labour markets, and potential supply versus demand imbalances in financial markets). This report takes a stance on a number of controversial issues concerning the future of pension funds. «