Download or read book Management and Regulation of Pension Schemes written by Nicholas Morris and published by Routledge. This book was released on 2018-03-19 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perhaps the greatest long-term challenge facing modern economies is how to pay for the living expenses and care costs of the elderly. Following policy decisions made in Australia in the 1990s, a substantial part of the pension requirements of the next cohort of retirees will be met from savings accumulated during working years. The effective management of these savings is crucial. If they are invested wisely, the assets available to fund pensions and care will grow; if not, available funds may turn out to be insufficient. Unfortunately, there is considerable evidence worldwide that the management of funds attracts rent-seeking behaviour by the financial services industry which erodes much of the potential return. Australia introduced compulsory superannuation contributions for its working population in 1991, leading to a proliferation of funded schemes that are largely run by the private sector. Complexity, and many degrees of separation between fund members and those who manage their funds, have emerged as serious problems. Combined with weak competitive pressures and governance systems, and insufficient legal and regulatory constraints, the result is a system that does not serve its members well. This book provides a detailed evaluation of the Australian experience, highlights the extent to which the financial services industry has extracted rents from Australian pensioners, and how and why this occurred. Based on original empirical research, and examination of industry reviews and relevant literature, the book demonstrates the numerous principal–agent, conflict of interest and rent extraction problems that have emerged in Australia. The book makes suggestions for how these problems can be addressed in Australia, and also provides lessons for other countries wishing to enact pension reform.
Download or read book Superannuation Act 1922 Australia 2018 Edition written by The Law The Law Library and published by Createspace Independent Publishing Platform. This book was released on 2018-06-02 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Superannuation Act 1922 (Australia) (2018 Edition) The Law Library presents the complete text of the Superannuation Act 1922 (Australia) (2018 Edition). Updated as of May 15, 2018 This book contains: - The complete text of the Superannuation Act 1922 (Australia) (2018 Edition) - A table of contents with the page number of each section
Download or read book Life Insurance Act 1995 Australia 2018 Edition written by The Law The Law Library and published by Createspace Independent Publishing Platform. This book was released on 2018-05-31 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life Insurance Act 1995 (Australia) (2018 Edition) The Law Library presents the complete text of the Life Insurance Act 1995 (Australia) (2018 Edition). Updated as of May 15, 2018 This book contains: - The complete text of the Life Insurance Act 1995 (Australia) (2018 Edition) - A table of contents with the page number of each section
Download or read book Governance and Investment of Public Pension Assets written by Sudhir Rajkumar and published by World Bank Publications. This book was released on 2011 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: And key messages -- Key principles of governance and investment management -- Governance of public pension assets -- Governance structures and accountabilities -- Qualification, selection, and operation of governing bodies -- Operational policies and procedures -- Managing fiscal pressures in defined-benefit schemes -- Policy responses to turbulent financial markets -- Investment of public pension assets -- Defining the investment policy framework for public pension funds -- Managing risk for different cohorts in defined-contribution schemes -- An asset-liability approach to strategic asset allocation for pension funds -- In-house investment versus outsourcing to external investment managers -- International investments and managing the resulting currency risk -- Alternative asset classes and new investment themes.
Download or read book The Sports Law Review written by András A. Gurovits and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Principles of Contemporary Corporate Governance written by Jean Jacques du Plessis and published by Cambridge University Press. This book was released on 2024-06-30 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its fifth edition, Principles of Contemporary Corporate Governance offers a comprehensive introduction to the rules and regulations of corporate governance systems. It takes an inclusive stakeholder approach to examine how companies apply corporate governance principles in the private sector.
Download or read book Mapping Australian Higher Education 2018 written by Andrew Norton and published by . This book was released on 2018-09-17 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Australian Federal Police Act 1979 Australia 2018 Edition written by The Law The Law Library and published by Createspace Independent Publishing Platform. This book was released on 2018-05-27 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australian Federal Police Act 1979 (Australia) (2018 Edition) The Law Library presents the complete text of the Australian Federal Police Act 1979 (Australia) (2018 Edition). Updated as of May 15, 2018 This book contains: - The complete text of the Australian Federal Police Act 1979 (Australia) (2018 Edition) - A table of contents with the page number of each section
Download or read book Federal Court of Australia Act 1976 Australia 2018 Edition written by The Law The Law Library and published by Createspace Independent Publishing Platform. This book was released on 2018-05-29 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Court of Australia Act 1976 (Australia) (2018 Edition) The Law Library presents the complete text of the Federal Court of Australia Act 1976 (Australia) (2018 Edition). Updated as of May 15, 2018 This book contains: - The complete text of the Federal Court of Australia Act 1976 (Australia) (2018 Edition) - A table of contents with the page number of each section
Download or read book Australia Reconstructed written by ACTU/TDC Mission to Western Europe and published by . This book was released on 1987 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Deep and Persistent Disadvantage in Australia written by Rosalie McLachlan and published by . This book was released on 2013 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper is about disadvantage in Australia, and in particular, about Australians who experience deep and persistent disadvantage. Strong economic growth is a way of increasing living standards and opportunities. Yet despite growing levels of prosperity over the last two decades, and the unemployment rate more than halving, there are concerns within the community that some Australians are being 'left behind'."--Page 3.
Download or read book Trade Unions and Labour Movements in the Asia Pacific Region written by Byoung-Hoon Lee and published by Routledge. This book was released on 2019-09-16 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent developments in the world economy, including deindustrialisation and the digital revolution, have led to an increasingly individualistic relationship between workers and employers, which in turn has weakened labour movements and worker representation. However, this process is not universal, including in some countries of Asia, where trade unions are closely aligned with the interests of the dominant political party and the state. This book considers the many challenges facing trade unions and worker representation in a wide range of Asian countries. For each country, full background is given on how trade unions and other forms of worker representation have arisen. Key questions then considered include the challenges facing trade unions and worker representation in each country, the extent to which these are a result of global or local developments and the actions being taken by trade unions and worker representative bodies to cope with the challenges. This book is dedicated to the memory of Professor Keith Thurley, London School of Economics.
Download or read book False profits of ethical capital written by Claire Parfitt and published by Manchester University Press. This book was released on 2024-07-09 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: False profits of ethical capital is a thought-provoking approach to understanding stakeholder capitalism. Rather than focusing on the inadequacies of corporate responsibility, sustainable investment and consumer politics, this book grapples with the technical and rhetorical functions of ethical capital for profit and accumulation. It provides a unique and eclectic analysis of the political dynamics between finance, capital and labour, offering a refreshing perspective on struggles interlocking social, ecological and economic crises, and suggesting new ways of thinking about sustainability politics.