Library

Notice Board

Send your pension related announcements to d.blake@city.ac.uk

Commercial Announcements

Open Request for Research Proposals - International Centre for Pension Management

Education

www.trusteetutor.com, TrusteeTutor website, offered by Morley Fund Management
Diploma in International Employee Benefits, offered by the International Employee Benefits Association and the Pensions Management Insitute.

Funding for Researchers

EEC Training and Mobility of Researchers Grants support research visits. If you are interested to apply for such a grant to visit the Pensions Institute for postdoctoral or other research, contact us (you must be an EU citizen and must have lived outside the UK in eighteen of the twenty-four months preceding application).

New Sites

British Australian Pensioner Association - Victims of pension discrimination? British pensioner activists in Australia have set up a website to outline their challenge of the freezing of their pension entitlements.

Papers and Books

Alberto Arenas de Mesa, David Bravo, Jere R. Behrman, Olivia S. Mitchell and Petra E. Todd (With assistance from Andres Otero, Jeremy Skog, Javiera Vasquez and Viviana Velez-Grajales), The Chilean Pension Reform Turns 25: Lessons from the Social Protection Survey (PRC WP 2006-9) Pension Council Research Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Olivia S. Mitchell and John W. R. Phillips, Lessons from Pension Reform in the Americas (PRC WP 2006-8) Pension Council Research Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Olivia S. Mitchell and John W. R. Phillips, Transitioning to Retirement: How Will Boomers Fare? (PRC WP 2006-7) Pension Council Research Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Olivia S. Mitchell and John W. R. Phillips, Social Security Replacement Rates For Alternative Earnings Benchmarks (PRC WP 2006-6) Pension Council Research Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
The Independent Evaluation Group (IEG) of the World Bank has just released a major new evaluation of World Bank assistance for pension reforms in developing countries: "Pension Reform and the Development of Pensions Systems: An Evaluation of World Bank Assistance". http://www.worldbank.org/ieg/pensions/?intcmp=5249449
Penguin have released a new Guide to retirement locations throughout Australia & NZ. Its called "The Penguin Guide to Retirement Hotspots" and identifies the best places to live in Australia & New Zealand. The book took over a year to research. It started with an analysis of census data to locate the centres where the over 60s are living, over 100 of which are featured. Further information on the book is located at www.penguin.com.au. Books maybe ordered online from www.dymocks.com.au or other bookshops.
Olivia S. Mitchell, Gary R. Mottola, Stephen P. Utkus, and Takeshi Yamaguchi, The Inattentive Participant: Portfolio Trading Behavior in 401(k) Plans (WP 2006-04)
James J. Choi, David Laibson, and Brigitte C. Madrian, $100 Bills on the Sidewalk: Suboptimal Saving in 401(k) Plans (WP 2006-04)
James J. Choi, David Laibson, and Brigitte C. Madrian, Reducing the Complexity Costs of 401(k) Participation Through Quick Enrollment (WP 2006-03)
John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian, The Importance of Default Options for Retirement Saving Outcomes: Evidence from the United States (WP 2006-02)
Annamaria Lusardi and Olivia S. Mitchell, Financial Literacy and Planning: Implications for Retirement Wellbeing (WP 2006-01)
Alexander Muermann, Olivia S. Mitchell, Jacqueline M. Volkman, Regret, Portfolio Choice, and Guarantees in Defined Contribution Schemes (PRC WP 2005-17) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Salvador Valdés-Prieto, Market-based Social Security as a Better Means of Risk-Sharing, (PRC WP 2005-16) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Douglas Fore and P. Brett Hammond, Resurrecting the Defined Benefit Pension Plan: A New Perspective (PRC WP 2005-15) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Phyllis C. Borzi, Changing Risks Confronting Pension Participants (PRC WP 2005-14) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
George Wagoner, Anna Rappaport, Brian Fuller, and Frank Yeage, Risk-Sharing in Retiree Medical Benefits (PRC WP 2005-13) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Mark J. Warshawsky, Neal McCall and John D. Worth, Regulating Single Employer Defined Benefit Pension Plans: A Modern Approach (PRC WP 2005-12) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Peter Albrecht, Joachim Coche, Raimond Maurer and Ralph Rogalla, Implications of Optimal Investment Policies for Hybrid Pension Plans: Sponsor and Member Perspectives (PRC WP 2005-11) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Julia Coronado and Nellie Liang, The Influence of PBGC Insurance on Pension Fund Finances (PRC WP 2005-10) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Pension Research Council 2005 Conference Overview, The Evolution of Risk and Reward Sharing in Retirement (PRC WP 2005-6) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Olivia S. Mitchell, Stephen P. Utkus, and Tongxuan (Stella) Yang, Better Plans for the Better-Paid: Determinants and Effects of 401(k) Plan Design (PRC WP 2005-5) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Tongxuan (Stella) Yang, Understanding the Defined Benefit versus Defined Contribution Choice (PRC WP 2005-4) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Steven A. Nyce, The Importance of Financial Communication for Participation Rates and Contribution Levels in 401(k) Plans (PRC WP 2005-3) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Tongxuan (Stella) Yang and Olivia S. Mitchell, Public Pension Governance, Funding, and Performance: A Longitudinal Appraisal (PRC WP 2005-2) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Tokuo Iwaisako, Olivia S. Mitchell, and John Piggott, Strategic Asset Allocation in Japan: An Empirical Evaluation (PRC WP 2005-1) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Lawrence N. Bader and Jeremy Gold, The Case Against Stock in Public Pension Funds (PRC WP 2004-20) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Jeremy Gold, Post-employment Benefits, Economics and Accounting: Moral Hazard and Frail Benefit Designs (PRC WP2004-19) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Robert L. Clark and Olivia S. Mitchell, Changing the Retirement Paradigm (PRC WP 2004-18) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Masaharu Usuki, Risk Management and Pension Plan Choice in Japan (PRC WP 2004-17) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Annika Sundén, Transforming Retirement in Sweden (PRC WP 2004-16) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Silvana Pozzebon, The Future of Pensions in Canada (PRC WP 2004-15) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Robert Hutchens and Kerry L. Papps, Developments in Phased Retirement (PRC WP 2004-14) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Janemarie Mulvey and Steven Nyce, Strategies to Retain Older Workers (PRC WP 2004-13) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
David McCarthy, The Future of Pension Plan Design (PRC WP2004-12) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Patrick Purcell, Older Workers: Employment and Retirement Trends (PRC WP2004-11) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Pamela Perun and C. Eugene Steuerle, Reality Testing for Pension Reform (PRC WP 2004-10) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
James A. Klein, Looking Backward, Looking Forward: Where is Pension Policy Headed? (PRC WP 2004-9) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Douglas Fore, Changes in Accounting Practices Will Drive Pension Paradigm Shift (PRC WP2004-8) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
William J. Arnone, "Educating Pension Plan Participants" (PRC WP2004-7) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Gary W. Anderson and KeithBrainard, "Profitable Prudence: The Case for Public Sector Defined Benefit Plans" (PRC WP2004-6) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Sarah (Ingmanson) McLellan, "Corporate Pension Reform in Japan: Big Bang or Big Bust?" (PRC WP2004-5) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Keith Ambachtsheer, "Why Pension Fund Management Needs a Paradigm Shift" (PR WP2004-4) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Katharine G. Abraham and Susan N. Houseman, "Work and Retirement Plans among Older Americans" (PRC-WP2004-3) Pension Research Council Working Paper, Pension Research Council, The Wharton School, University of Pennsylvania
Olivia S. Mitchell, Zvi Bodie, P. Brett Hammond, Stephen Zeldes [Eds.], (2001), "Innovations in Retirement Financing", University of Pennsylvania Press and The Wharton School's Pension Research Council (forthcoming)
Kuné J B, "Issues in Pension Finance", copies available from author: jb.kune@abp.nl
Davis E P (2000), "Pension Funds, Financial Intermediation and the New Financial Landscape", Working Paper No. PI-2010, the Pensions Institute, Birkbeck College, London, forthcoming in "Kredit und Kapital"
Davis E P (2000), "Regulation of Private Pensions - A Case Study of the UK" Working Paper No. PI-2009, the Pensions Institute, Birkbeck College, London, forthcoming in the "Revue d'Economie Financiere"
Davis E P (2000), "Implications of the growth of institutional investors for the financial sector" Working Paper No. PI-2001, the Pensions Institute, Birkbeck College, London, this is an early draft chapter of the book "Institutional Investors" by Davis and Steil highlighted below.
The following two books, which offer comprehensive coverage of their respective subject, have recently been completed:
- Bodie Z and Davis E P eds. (2000), "Foundations of pension finance", Edward Elgar: this two-volume set is available now.
- Davis E P and Steil B (2000), "Institutional investors", MIT Press: this book is due to emerge in early 2001.

Pension Trends

Office for National Statistics - 1403997365 - £40.00
This first edition of Pension Trends, from the Office for National
Statistics, provides a statistical backdrop to the debate on pensions,
bringing together existing statistics from a range of sources to illustrate
the economic and social issues that shape trends in pension provision. It
provides an invaluable summary of the core facts, presented in a
straightforward way and is accessible to a wide range of users.

Positions Available

Chaired Professorship, University of Pennsylvania
Sales Representative for CBA Employee Benefit Reports.

Scholarships

Association of British Insurers Scholarships for Postgraduate Study