Pension Finance

This book provides a secure grounding in the theory and practice of finance insofar as it deals with pension matters. By using it, the reader will understand the various types of investment assets; the allocation of personal wealth to different asset classes; corporate pension finance; the financial aspects of defined contribution pension plans during both the accumulation and distribution phases; the financial aspects of defined benefit pension plans; the role of pension funds and pension fund management; pension fund performance measurement and attribution; and, risk management in pension funds.