First published in 1992, this book explains how pension funds work
in order to highlight their impact on the economy as a whole. David
Blake explores the different systems in operation at the time of
writing, both state run and private sector, and describes policy
initiatives such as personal pension schemes. Longer
life-expectancy, overseas investment, equal opportunities and
short-termism in capital markets are among the issues discussed as
David Blake assesses how pension funds typically behave. This is a
title of continued relevance, which addresses the questions
repeatedly raised within government and wider society.
General
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