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Towards a New Pensions Settlement: The International Experience
By Gregg McClymont and Andy Tarrant
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About this ebook
In a world of ageing populations, and in the midst of a global shift from defined benefit (DB) to defined contribution (DC) pensions, the onus is increasingly on individuals rather than employers to bear the risks of retirement provision. This book weighs the experiences of eight nations across the Americas, Asia and Europe, who have in common early adoption of DC pensions, but very different experiences of mitigation of that risk by the state, either directly through the degree of generosity of the state pension or indirectly through regulation of private pension provision. As the UK (and the world) gears up for the age of DC pensions, different approaches to pension scheme design are examined. Best practice is always worth learning from and each chapter is written by an expert on their chosen pension system.
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Gregg McClymont
Gregg McClymont is head of retirement savings at Aberdeen Asset Management. He was formerly the Shadow Pensions Minister in the Labour Party and MP for Cumbernauld, Kilsyth and Kirkintilloch East in Scotland, UK
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