February 2017

OECD Pensions Outlook 2016: Edition 2016 (Volume 2016)

The Oecd Pensions Outlook 2016 assesses policy issues regarding strengthening pension systems and, in particular, funded pension plans. It covers defined benefits and defined contribution pension plans; fiscal incentives to save for retirement; policy measures to improve the financial advice for retirement; annuity products and their guarantees; pension design and financial education; and the pension arrangements for public-sector workers, including a comparison with those for private sector workers. Read more...

Pension and Employee Benefit Statutes and Regulations: Selected Sections (Selected Statutes)

This statutory pamphlet is compatible with all leading casebooks on pension and employee benefits law. It includes sections from the Internal Revenue Code, Employee Retirement Income Security Act, Age Discrimination in Employment Act, Americans with Disabilities Act, Treasury Regulations, ADEA Regulations and ERISA Regulations. Read more...

Nudge: Improving Decisions About Health, Wealth, and Happiness [Expanded Edition]

By Richard H. Thaler & Cass R. Sunstein Every day, we make decisions on topics ranging from personal investments to schools for our children to the meals we eat to the causes we champion. Unfortunately, we often choose poorly. The reason, the authors explain in this important exploration of choice architecture, is that, being human, we all are susceptible to various biases that can lead us to blunder. Our mistakes make us poorer and less healthy; we often make bad...

Misbehaving: The Making of Behavioral Economics

Get ready to change the way you think about economics. Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans―predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth―and change the way we think about economics, ourselves, and our world. Read more...

Surfing The Retirement Tsunami: Your Guide To Staying Afloat and Retiring Comfor

Seriously, what is your biggest fear? That depends, of course, where you are in life. When I was a little kid, I would have dreams of falling. I would wake up in the middle of the night, shaking, damp from sweat, and indented in my bed about a foot deep as if I really did fall. Once, I swear I even felt a hand grasping my right forearm, but that’s a story for another book. As I grew older,...

The Tipping Point: How Little Things Can Make a Big Difference

The tipping point is that magic moment when an idea, trend, or social behavior crosses a threshold, tips, and spreads like wildfire. Just as a single sick person can start an epidemic of the flu, so too can a small but precisely targeted push cause a fashion trend, the popularity of a new product, or a drop in the crime rate. This widely acclaimed bestseller, in which Malcolm Gladwell explores and brilliantly illuminates the tipping point phenomenon, is already...

Blink: The Power of Thinking Without Thinking

In his landmark bestseller The Tipping Point, Malcolm Gladwell redefined how we understand the world around us. Now, in Blink, he revolutionizes the way we understand the world within. Blink is a book about how we think without thinking, about choices that seem to be made in an instant-in the blink of an eye-that actually aren't as simple as they seem. Why are some people brilliant decision makers, while others are consistently inept? Why do some people follow their instincts and win, while...

Two thirds of homeowners want to downsize at retirement, says NOW: Pensions

“Over the next ten years, we estimate that 7.7million* people will retire. Our recent research** revealed that downsizing their property is the preferred route for two thirds (63%) of non-retired UK homeowners to release their property wealth. Two in five (39%) agree that it’s important to have the option to access their housing wealth. “To be able to downsize, there needs to be enough suitable homes by the time they retire, of the types of homes that retired people want...

Los traspasos entre las AFPs chilenas alcanzaron en noviembre su nivel más alto desde 2002

El penúltimo mes de 2016 mantuvo la tendencia al alza en los traspasos de las AFPs en el sistema de pensiones chileno. De acuerdo al informe mensual de Ciedess, en noviembre se cambiaron de administradora un total de 62.770 personas, el nivel más alto desde la creación de los multifondos en 2002. Durante el periodo, la AFP que sumó más afiliados con el mayor número de traspasos netos, fue Modelo, con 8.452 personas, mientras que la administradora con el saldo...

Modernized Rules for Occupational Pension Funds in Europe

On January 12, 2017, the long-awaited IORP II Directive entered into force. This will affect occupational pension schemes across all Member States in the European Economic Area. This Directive is the successor of the IORP I Directive, which dates from 2003, and includes new rules on institutions for occupational retirement provisions ("IORPs" or "pension funds"). The Directive is designed to improve the governance and transparency of IORPs across Europe, increase their use for cross-border activity, and support long-term investment...