Pension Revolution / Wiley Finance Editions (ePub)

Praise for Pension Revolution

"When Keith Ambachtsheer puts his keen mind to work on a problem,
watch out! Here he exposes today's fragile arrangements for the
most serious social dilemma of our times--financing retirement.
Then he provides a compelling and powerful set of solutions. His
writings are essential reading for all who care about the future of
American living standards."

--Peter Bernstein, founder and President, Peter L. Bernstein, Inc.,
and author of Capital Ideas and Against the Gods

"This book describes one of the most ingenious inventions in the
history of mankind: pension funds offering credible promises about
old-age income. It reads like a thriller: how can well-governed
pension funds be created in an imperfect world in which mortals
wrestle with foibles and moral shortcomings? One of the world's
leading experts on pensions searches for the answer--and finds
it."

--Lans Bovenberg, Scientific Director, Network for Studies on
Pensions, Aging, and Retirement, Tilburg University, The
Netherlands

"Pension Revolution exposes the inadequacies of current pension
systems and persuasively makes the case for the fundamental changes
that are needed. It is essential reading for both the pension
industry and policymakers."

--Elizabeth Bryan, Chair, Investment Committee, Unisuper Management
PM Ltd, Australia

"Most analyses of complicated issues deal with complexity by
simplifying or only looking at one piece-part, and, in doing so,
provide limited value. In stark contrast, Keith Ambachtsheer boldly
wades into the complexity in Pension Revolution to come up with a
valuable integrative solution. He is a most welcome
revolutionary!"

--Roger Martin, Dean, Joseph L. Rotman School of Management,
University of Toronto, Canada

"We have known Keith for over ten years, and consistently over that
time, he has constructively and comprehensively challenged
conventional wisdom. He has done this so effectively that many of
his initial thoughts have now become universally accepted norms.
Such is his energy however that he continues to push the boundaries
of pension and investment thinking."

--Peter Moon, Chief Investment Officer, Universities Superannuation
Scheme Ltd, UK

"Pension Revolution not only explains the shortcomings of the
existing pension system and the underlying design features that
have resulted in the current pension upheaval. It also offers
thoughtful and creative suggestions for prospective pension design.
A must-read for anyone interested in the future of retirement
finance."

--James Poterba, Professor of Economics, Massachusetts Institute of
Technology and a member of the TIAA-CREF Board of Trustees