The Republic of Ireland: A young country, but is it young enough to avoid future problems in public pensions?Pensions: An International Journal - Tập 15 - Trang 259-267 - 2010
Luis Ferruz Agudo, Mercedes Alda García
In this article, we intend to analyze the future of public pensions in the Republic of Ireland. This country presents a significant young population, and is experiencing population growth because of an increase in birth rate and positive migration flows. This may suggest that there will not be any problems with population aging in its public pension system in the future, as occurs in most Western ...... hiện toàn bộ
‘LBO bubble, what bubble?’Pensions: An International Journal - Tập 13 - Trang 97-100 - 2008
Katharina Lichtner
The media suggests there is an LBO bubble: too much money is chasing too few deals; increased leverage has increased risk too much and there is an unsustainable private equity bubble forming. We classify a ‘bubble’ as an increase in prices of certain goods, a disconnect of prices from any fundamental valuations and a large increase in market participants with many newcomers and unusually high liqu...... hiện toàn bộ
Assessing the impact of pension liabilities on credit ratingsPensions: An International Journal - Tập 10 - Trang 343-350 - 2005
Susan Hunter
The European pensions debate continues with vigour as companies take action to address defined benefit (DB) scheme deficits and the UK has already passed legislation to protect scheme members. It is the intent of this paper is to provide insight into how Fitch assesses the impact of pension liabilities as part of its credit rating process. It will also cover the increased pressure placed upon UK c...... hiện toàn bộ
The Pensions Ombudsman: Recent developmentsPensions: An International Journal - Tập 8 - Trang 11-16 - 2002
David Laverick
The recently appointed Ombudsman discusses the effect of a change in the holder of the post. He has recently determined that a collective agreement cannot overrule the provisions of a statutory scheme. Responsibility for decisions about ill-health retirements rest with trustees and not those advising them. Members should have an opportunity to comment on relevant information before key decisions a...... hiện toàn bộ
The Hungarian Pensions Guarantee FundPensions: An International Journal - Tập 5 - Trang 335-344 - 2000
John Kenworthy
During 1997, and following World Bank advice, the Republic of Hungary introduced ‘second pillar’ compulsory private pensions for new entrants to the Hungarian labour market from June, 1998; voluntary entry was available before that date. The European Commission offered advice under the PHARE Programme, and in respect of Hungary's status as an applicant country to the European Union. This paper rev...... hiện toàn bộ
Doing it upside downPensions: An International Journal - Tập 15 Số 4 - Trang 243-244 - 2010
Robin Ellison
Re-framing ‘The Annuity Problem’: Can we afford retirement?Pensions: An International Journal - Tập 5 - Trang 285-291 - 2000
Ian Neale
This paper seeks to widen the debate about the annuity problem, arguing that whether or not annuities offer a bad deal is not the crucial issue. No adequate solution for the gilt supply crisis (a key factor in determining annuity rates) is in sight, but nor is any present alternative means of drawing income in retirement likely to solve the problem, except for a few. As the trend towards DC pensio...... hiện toàn bộ