Managerial Risk Preferences, Real Pension Costs, and Long-Run Corporate Pension Fund Investment Policy

1986 ◽  
Vol 53 (1) ◽  
pp. 29 ◽  
Author(s):  
Fred W. McKenna ◽  
Yong H. Kim
Keyword(s):  
Pension Fund ◽  
Risk Preferences ◽  
Investment Policy ◽  
Managerial Risk ◽  
Long Run ◽  
Corporate Pension ◽  
Pension Costs ◽  
Fund Investment

State Pension Fund Investment Policy

1967 ◽  
Vol 23 (2) ◽  
pp. 113-115
Author(s):  
Barnard Seligman
Keyword(s):  
Pension Fund ◽  
Investment Policy ◽  
State Pension ◽  
Fund Investment

Pension fund investment policy, risk-taking, ageing and the life-cycle hypothesis 1

2017 ◽  
pp. 141-162
Author(s):  
Jacob A. Bikker ◽  
Dirk W.G.A. Broeders ◽  
David A. Hollanders ◽  
Eduard H. M. Ponds
Keyword(s):  
Life Cycle ◽  
Risk Taking ◽  
Pension Fund ◽  
Investment Policy ◽  
Life Cycle Hypothesis ◽  
Policy Risk ◽  
Fund Investment

scholarly journals “Cult of Equity”: Actuaries and the Transformation of Pension Fund Investing, 1948–1960

2015 ◽  
Vol 89 (2) ◽  
pp. 281-304 ◽  
Author(s):  
Yally Avrahampour
Keyword(s):  
Twentieth Century ◽  
Corporate Governance ◽  
Pension Fund ◽  
Pension Funds ◽  
Investment Policy ◽  
Insurance Companies ◽  
Investment Trusts ◽  
Fund Investment

This article examines the mid-twentieth-century transformation of U.K. pension fund investment policy known as the “cult of equity.” It focuses on the influence exercised by the Association of Superannuation and Pension Funds over actuarial and corporate governance standards, through actuaries who were members of its council. This intervention led to increasingly permissive actuarial valuations that reduced contributions for sponsors of pension funds investing in equities. Increased demand for equities required pension funds to adopt a more permissive approach to corporate governance than insurance companies and investment trusts, and contributed to declining standards of corporate governance.

Central States Pension Fund: Investment Policy Decisions and Challenges Facing the Plan

2018 ◽  
Author(s):  
Charles A. Jeszeck ◽  
Frank Todisco ◽  
David Lehrer ◽  
Charles J Ford ◽  
Laurel E. Beedon ◽  
...  
Keyword(s):  
Pension Fund ◽  
Investment Policy ◽  
Policy Decisions ◽  
Fund Investment
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