The passivity of the demand for pension products is one of the striking features of mandatory pension systems. Consequently, the provision of multiple investment alternatives to households (multifund schemes) does not ensure that contributions are invested efficiently. In addition, despite the theoretical findings that short term return maximization is not conductive to long-term return maximization, the regulatory framework of pension fund management...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2011/08/01
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Рабочий документ в рамках исследования вопросов политики
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WPS5775
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1
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1
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2011/08/01
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Disclosed
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Upgrading investment regulations in second pillar pension systems : a proposal for Colombia
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pension fund management