Voorbeelden van pension fund

• Furthermore, trustees, on a regular basis, should obtain educational training with a view to providing and improving core competencies of importance for pension fund management.

• This means that in order to avoid the short-term mismatch between assets and liabilities, pension fund asset allocation should be more heavily weighted towards bonds.

• We view this model as appropriate in that pension fund assets' impact on output might show marked differentials across countries.

• The expression in brackets gives the net balance of the pension fund.

• The investment risk of each individual pension fund is borne by each pensioner individually.

• Section 3 reviews what we know and need to know about these different types of pension fund actions aimed at improving corporate governance.

• However, pension fund governance has a much broader scope and includes overall management, organizational design and decision-making processes.

• In order for a pension fund to realize further cost economies, these factors would thus primarily need to be influenced.

• In effect, we test whether owing to better resource allocation, incentives etc., pension fund growth makes the capital stock more productive.

• At best, the pension fund may aim to hold the minimum-variance portfolio regarding mismatch risk.

• This is most obvious when considering pension fund investment management functions, but can be extended to consider any issue involving judgement about beneficiaries' welfare.

• These countries provide a large number of studies which evaluate the effectiveness of pension fund activism.

• If it accepted that the asset allocation of a pension fund should match the liabilities, the derivation of the entire efficiency frontier is unnecessary.

• This is surely the reality experienced by many in pension fund management.

• The complexity of the charge structure means that, in general, charges are poorly understood by the average pension fund member.