New Policies for Mandatory Defined Contribution Pensions

Improve mandatory defined contribution pension systems with new policies and models. This volume analyzes the economic landscape of mandatory defined contribution (DC) pension plans, addressing market power, behavioral biases, and design shortcomings. It offers innovative policy directions for industrial organization and investment products to strengthen these systems. This book is for policymakers, researchers, and academics interested in pension system design and reform. It tackles key issues such as:- Reducing high administrative fees- Mitigating excessive investment risk- Improving financial literacy- Exploiting systematic biases in decision-makingDiscover insightful strategies for enhancing pension systems and ensuring better retirement outcomes. A must-read for those seeking to optimize mandatory DC pillars.