This book explains everything you need to know for successful management of any pension plan. It shows how pension plans help sponsors manage their workforces to the latest in investment and risk management. With concise and practical guidance on ways for achieving optimal financial performance. It synthesizes the latest in capital market and financial economics research to help those involved in pension management improve their decision making in all the critical areas, including: choosing the optimal form of pension plan, formulating and implementing the plan's investment strategy, selecting and monitoring pension plan managers, measuring the plan's performance and managing financial risk. A description of the responsibilites of fiduciaries, revealing how to be both a prudent fiduciary and a capable decision maker.
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Managing Pension Plans is superb! Logue and Rader have created a coherent and readable work on an important and complex topic. As pension funds become critical for insuring financial security for millions of retirees, Logue and Rader fill a tremendous need by providing a credible and comprehensive guide for financial and nonfinancial professionals, business students, and fund trustees. (Charles M. Elson, Professor, Stetson University College of Law)
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