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Forced Saving Hazel Bateman (University of New South Wales, Sydney)

Forced Saving By Hazel Bateman (University of New South Wales, Sydney)

Forced Saving by Hazel Bateman (University of New South Wales, Sydney)


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Summary

The rapid ageing of the world's populations has seen a level of anxiety and urgency by governments around the world to set up or overhaul their mandatory pension policies. This analysis, first published in 2001, compares and contrasts the policies of countries around the globe, with tables, graphs and charts to summarise findings.

Forced Saving Summary

Forced Saving: Mandating Private Retirement Incomes by Hazel Bateman (University of New South Wales, Sydney)

Forced Saving, first published in 2001, offers an analysis of pension policy from an economic perspective. It begins with an overview of the problem of population ageing around the world, and then provides a framework within which policy responses may be consistently assessed. It focuses on the 'mandating' approach to retirement income policy, in which governments are compelling individuals - or their employers - to take on this responsibility, at least in part. The role of government becomes limited to one of mandating contributions from wages, along with regulating private fund managers to a greater or lesser extent. The authors explore the implications of introducing such a policy reform. They argue that while there is no universal agreement on the relative costs and benefits of this policy approach, there are often some advantages to moving at least some distance down the mandating path.

Forced Saving Reviews

"...an insightful discussion...the book is a comprehensive investigation of the provision of retirement income." Industrial and Labor Relations Review

Table of Contents

1. Introduction; 2. Work and saving over the life cycle; 3. Saving for retirement; 4. Financial risks over the life cycle; 5. Retirement income streams; 6. Taxation of retirement saving; 7. Administrative costs and charges; 8. Conclusion; Appendix A1. Mandatory retirement saving in Australia; Annex A1. Chronology of retirement income policy in Australia; Appendix 2. International comparisons of private mandatory retirement saving.

Additional information

NPB9780521481625
9780521481625
0521481627
Forced Saving: Mandating Private Retirement Incomes by Hazel Bateman (University of New South Wales, Sydney)
New
Hardback
Cambridge University Press
2001-11-20
270
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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Customer Reviews - Forced Saving