Praise for "Pension Revolution"
"When Keith Ambachtsheer puts his keen mind to work on a
problem, watch out! Here he exposes today's fragile arrangements
for the most serious social dilemma of our times--financing
retirement. Then he provides a compelling and powerful set of
solutions. His writings are essential reading for all who care
about the future of American living standards."
--Peter Bernstein, founder and President, Peter L. Bernstein,
Inc., and author of "Capital Ideas and Against the Gods"
"This book describes one of the most ingenious inventions in the
history of mankind: pension funds offering credible promises about
old-age income. It reads like a thriller: how can well-governed
pension funds be created in an imperfect world in which mortals
wrestle with foibles and moral shortcomings? One of the world's
leading experts on pensions searches for the answer--and finds
it."
--Lans Bovenberg, Scientific Director, Network for Studies on
Pensions, Aging, and Retirement, Tilburg University, The
Netherlands
""Pension Revolution" exposes the inadequacies of current
pension systems and persuasively makes the case for the fundamental
changes that are needed. It is essential reading for both the
pension industry and policymakers."
--Elizabeth Bryan, Chair, Investment Committee, Unisuper
Management PM Ltd, Australia
"Most analyses of complicated issues deal with complexity by
simplifying or only looking at one piece-part, and, in doing so,
provide limited value. In stark contrast, Keith Ambachtsheer boldly
wades into the complexity in "Pension Revolution" to come up with a
valuable integrative solution. He is a most welcome
revolutionary!"
--RogerMartin, Dean, Joseph L. Rotman School of Management,
University of Toronto, Canada
"We have known Keith for over ten years, and consistently over
that time, he has constructively and comprehensively challenged
conventional wisdom. He has done this so effectively that many of
his initial thoughts have now become universally accepted norms.
Such is his energy however that he continues to push the boundaries
of pension and investment thinking."
--Peter Moon, Chief Investment Officer, Universities
Superannuation Scheme Ltd, UK
""Pension Revolution" not only explains the shortcomings of the
existing pension system and the underlying design features that
have resulted in the current pension upheaval. It also offers
thoughtful and creative suggestions for prospective pension design.
A must-read for anyone interested in the future of retirement
finance."
--James Poterba, Professor of Economics, Massachusetts Institute
of Technology and a member of the TIAA-CREF Board of Trustees
General
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