Views of Others

Pension Finance Resources (Home) Page | Key Points | Changes Needed in Actuarial Practice | Accounting | Funding | Investments | Plan Design | Public Funds | Views of Others

(Note: Where available, an online link to the resource is provided; in some cases, we are only able to provide the reference information)

How to Reduce the Cost of Federal Pension Insurance
Published by the CATO Institute, this article proposes legislation to relieve the growing problem of pension plan underfunding.

• Is Financial Economics the "Magic Bullet" for Pension Plans? Part I: Description of Financial Economics

by James Patterson, The Bulletin, Volume 15, No. 6, page 1, Canadian Institute of Actuaries (February 2005)
This two part article's principal focus is on investment and funding practices of pension plans.

• Is Financial Economics the "Magic Bullet" for Pension Plans? Part II: Current Investment and Funding Practices

by James Patterson, The Bulletin, Volume 15, No. 7, page 7, Canadian Institute of Actuaries (March 2005)
This two part article's principal focus is on investment and funding practices of pension plans.

• Pension Fund Asset Allocation, A UBS Report

Prepared by UBS Investment Research, this report explores the case for a zero–equity investment strategy by company–sponsored, defined–benefit pension schemes. The report looks at the financial economics of pension provision and the common belief that significant equity investment adds to shareholder value.

• Pension Funds–Bonds Only?

From UK Actuary, May 2004
David Blake and Zaki Khorasanee consider whether pension funds should invest only in bonds.–Answer: NO

• Statement of the Financial Economists Roundtable On Corporate Pension Fund Accounting (December, 2004)

The Financial Economists Roundtable (FER) is a group of senior financial economists, who have made significant contributions to finance literature and seek to apply their knowledge to current policy debates. Members attending an FER meeting discuss specific policy issues on which statements may be adopted. The following statement on "Corporate Pension Fund Accounting" is the result of a discussion at FER's annual meeting on July 11–12, 2004 in Niagara–on–the–Lake, Canada.