This paper analyses the performance of private pension systems with respect to two key indicators: replacement rates and the return to pension contributions. While returns have been high since the inception of the systems, some deficiencies in the risk management design of the system may put performance into jeopardy in the near future. Further, the expected cost-cutting nature of competition has not materialised and most countries have simply opted...
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详细
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2004/01/01
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部门工作文件
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30490
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1
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1
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2010/07/01
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The performance of the funded pension systems in Latin America
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pension fund administrator