Abstract
An often overlooked question in the pension management area is: What makes a pension organization effective? The fact is that effective governance, strategic planning, and good organizational design are critical because they lead to success. The old (current) paradigm of viewing the equity risk premium as static, using a fixed 60/40 (equity/debt) asset mix, and trying to add incremental alpha no longer represents best practices. Plans need a new paradigm, one that is dynamic and that reframes the investment challenge in terms of the plan's liabilities.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
