While not attempting to train readers as professional economists, this book aims to provide a secure grounding in the theory and practice of economics insofar as it deals with pension matters. From reading this book, the user will understand:
* The key types of pension scheme
* The role of pensions in maximizing individual lifetime welfare
* The role of pensions in individual savings and retirement decisions
* The role and consequences of the pension plan from the company's viewpoint
* The role of pensions in promoting aggregate savings
* The role of pensions and retirement in overlapping generations models
* The economics of ageing and intergenerational accounting
* The social welfare implications of pensions
* The lessons of behavioural economics for pensions

About the Author

Dr DAVID BLAKE is Professor of Pension Economics and Director of the Pensions Institute at Cass Business School, London, and Chairman of Square Mile Consultants, a training and research consultancy. He was formerly Director of the Securities Industry Programme at City University Business School, Research Fellow at both the London Business School and the London School of Economics and Professor of Financial Economics at Birkbeck College, University of London. He is consultant to many organisations, including Merrill Lynch, Deutsche Bank, Union Bank of Switzerland, JPMorgan, McKinsey & Co., the Financial Services Authority, the Office of Fair Trading, the Office for National Statistics, the Government Actuary's Department, the National Audit Office, the Department for Work and Pensions, HM Treasury, the Bank of England, the Prime Minister's Policy Directorate and the World Bank. In June 1996, he established the Pensions Institute, which undertakes high-quality research on all pension-related issues and publishes details of its research activities on the internet (http://www.pensions-institute.org).

Reviews
"I have never seen such a concise description of pension institutions that was so crystal clear." (Investments & Pensions Europe, February 2007)

"Informative without being patronizing and set out in a logical sequence with each chapter containing questions to help the reader consolidate what they have just learnt." (Pensions Age, December 2006)

"If you are looking for a solid grounding in the theory and practice of economics in relation to pensions this is a vital addition to your bookshelf." (.net, August 2007)

Book Information
ISBN 9780470058442
Author David Blake
Format Hardback
Page Count 272
Imprint John Wiley & Sons Inc
Publisher John Wiley & Sons Inc
Weight(grams) 595g
Dimensions(mm) 234mm * 163mm * 21mm