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Product Description Praise for Pension Revolution
"When Keith Ambachtsheer puts his keen mind to work on a problem, watchout! Here he exposes today's fragile arrangements for the most serioussocial dilemma of our times--financing retirement. Then he provides acompelling and powerful set of solutions. His writings are essentialreading 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 thehistory of mankind: pension funds offering credible promises aboutold-age income. It reads like a thriller: how can well-governed pensionfunds be created in an imperfect world in which mortals wrestle withfoibles and moral shortcomings? One of the world's leading experts onpensions searches for the answer--and finds it."
--Lans Bovenberg,Scientific Director, Network for Studies on Pensions, Aging, andRetirement, Tilburg University, The Netherlands
"PensionRevolution exposes the inadequacies of current pension systems andpersuasively makes the case for the fundamental changes that areneeded. It is essential reading for both the pension industry andpolicymakers."
--Elizabeth Bryan, Chair, Investment Committee, Unisuper Management PM Ltd, Australia
"Most analyses of complicated issues deal with complexity bysimplifying or only looking at one piece-part, and, in doing so,provide limited value. In stark contrast, Keith Ambachtsheer boldlywades into the complexity in Pension Revolution to come up with avaluable integrative solution. He is a most welcome revolutionary!"
--Roger Martin, Dean, Joseph L. Rotman School of Management, University of Toronto, Canada
"We have known Keith for over ten years, and consistently over thattime, he has constructively and comprehensively challenged conventionalwisdom. He has done this so effectively that many of his initialthoughts have now become universally accepted norms. Such is his energyhowever that he continues to push the boundaries of pension andinvestment thinking."
--Peter Moon, Chief Investment Officer, Universities Superannuation Scheme Ltd, UK
"Pension Revolution not only explains the shortcomings of the existingpension system and the underlying design features that have resulted inthe current pension upheaval. It also offers thoughtful and creativesuggestions for prospective pension design. A must-read for anyoneinterested in the future of retirement finance."
--James Poterba,Professor of Economics, Massachusetts Institute of Technology and amember of the TIAA-CREF Board of Trustees
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