Skip to content Skip to navigation
University of Warwick
  • Study
  • |
  • Research
  • |
  • Business
  • |
  • Alumni
  • |
  • News
  • |
  • About

University of Warwick
Publications service & WRAP

Highlight your research

  • WRAP
    • Home
    • Search WRAP
    • Browse by Warwick Author
    • Browse WRAP by Year
    • Browse WRAP by Subject
    • Browse WRAP by Department
    • Browse WRAP by Funder
    • Browse Theses by Department
  • Publications Service
    • Home
    • Search Publications Service
    • Browse by Warwick Author
    • Browse Publications service by Year
    • Browse Publications service by Subject
    • Browse Publications service by Department
    • Browse Publications service by Funder
  • Help & Advice
University of Warwick

The Library

  • Login
  • Admin

Privatization and after : time, complexity and governance in the world of funded pensions

Tools
- Tools
+ Tools

Whiteside, Noel (2014) Privatization and after : time, complexity and governance in the world of funded pensions. Transfer: European review of labour and research, Volume 20 (NUmber 1). pp. 69-81. doi:10.1177/1024258913514359

Research output not available from this repository, contact author.
Official URL: http://dx.doi.org/10.1177/1024258913514359

Request Changes to record.

Abstract

Externalities consequent on pension privatization have returned to haunt governments: externalities revealed in falling asset returns, rising administrative costs and increasingly intermittent contributions that reflect more intermittent employment. This article reviews the regulatory complexities following the promotion of personal private pensions, identifies the governance problems these entail and suggests a few measures to restore public confidence and trust. It draws our attention to the political as well as market-based risks implicit in new systems by showing how governments have adapted commercial pension provision to serve social ends and to safeguard the public finances in more ways than one. The conclusions identify solutions to issues that need urgent attention, notably the opaque nature of annuity markets, the provision of independent monitoring and information capacity and a possible reconstruction of retirement itself.

Item Type: Journal Article
Divisions: Faculty of Social Sciences > Sociology
Journal or Publication Title: Transfer: European review of labour and research
Publisher: Sage Publications Ltd.
ISSN: 1024-2589
Official Date: February 2014
Dates:
DateEvent
February 2014Published
Volume: Volume 20
Number: NUmber 1
Page Range: pp. 69-81
DOI: 10.1177/1024258913514359
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access

Request changes or add full text files to a record

Repository staff actions (login required)

View Item View Item
twitter

Email us: wrap@warwick.ac.uk
Contact Details
About Us