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95 Matching News Items

1.  The Wharton School of The University of Pennsylvania Link to more items from this source
Aug. 8, 2013
"Well-crafted retirement benefit calculators can be a useful and convenient tool for participants seeking to determine roughly how much income they could generate from a given amount of retirement savings.... The DOL's calculator is a sensible first step on the path to building a more useful and more complete tool that could actually be used by employees deciding how much to save and what to draw down during retirement."
2.  Pension Research Council, The Wharton School of The University of Pennsylvania Link to more items from this source
June 8, 2012
"Though many people use financial advisers, and many more would probably benefit from financial advice, relatively little is known about the marketplace for such advice. The 2012 Pension Research Council conference at the Wharton School of the University of Pennsylvania offered cutting-edge research and commentary on key aspects of the advice marketplace, types of advice provided, fees and commissions, market and regulatory considerations, and how to evaluate advisers' performance and impact." [Conference materials and presentations available for download at link.]
3.  The Wharton School of The University of Pennsylvania Link to more items from this source
June 26, 2009
" 'We know that people in the short term have a lot of trouble changing their behavior in ways that is in their long-term best interest,' says Kevin Volpp, Wharton professor of medicine and health care management, and a professor at the University of Pennsylvania School of Medicine. 'People aren't very good at making these tradeoffs between immediate gratification and delayed and often intangible benefits, such as good health 10 years from now.' Volpp -- with collaborators ... -- may have found an answer to this problem: cash."
4.  Australian School of Business at UNSW / The Wharton School of The University of Pennsylvania Link to more items from this source
Mar. 17, 2011
Widespread financial illiteracy plus increasingly longer life expectancy equals an unpleasant retirement for many, according to Olivia Mitchell, a professor of insurance and risk at the Wharton School.
5.  Wall Street Journal via Global Action on Aging Link to more items from this source
July 2, 2002
Excerpt: For tips on how to regain financial and emotional equilibrium in scary economic times, The Wall Street Journal convened a panel at the Wharton School at the University of Pennsylvania. The participants were: John L. McKeever III, a chartered financial consultant ... Olivia S. Mitchell, professor of insurance and risk management at the Wharton School [and] Jack L. VanDerhei, associate professor at the Fox School of Business and Management at Temple University...
6.  The Chronicle of Higher Education Link to more items from this source
Feb. 10, 2009
Excerpt: With the stock market in decline, college pension plans are losing money, and administrators are scrambling to cover the shortfall. At some institutions, defined-benefit pension plans are at their lowest levels in decades. Many plans now hold less than three-quarters of the money they will need to pay retiree benefits, says Olivia S. Mitchell, a professor of insurance and risk management at the Wharton School of the University of Pennsylvania.
7.  The Wharton School of The University of Pennsylvania Link to more items from this source
June 26, 2025
"[t]he United Nations forecasts that, by 2050, the global number of persons over age 65 will reach 1.6 billion, double the number in 2021.... [A]lmost half a billion people will be age 80+, almost triple the number in 2021. In contrast, the number of people below age 25 is likely to decline slightly over that period.... Rising old-age longevity also has key implications for retirement savings targets.... The lengthening lifespans may imply global labor market shortages, as well as burgeoning costs for health care, pensions, and eldercare, with the burden falling on ever-fewer workers per retiree."
8.  The Wharton School of The University of Pennsylvania Link to more items from this source
Oct. 6, 2005
Excerpt: It is appropriate for Spitzer to investigate bid rigging, says J. David Cummins, a professor of insurance and risk management at Wharton. But he draws the line at eliminating contingent commissions. 'Contingent commissions can help keep property-casualty and other markets efficient,' says Cummins, the executive director of Wharton's S.S. Huebner Foundation. 'The practice may actually level the playing field by giving buyers and sellers equal access to vital market information.'
9.  The Wharton School of The University of Pennsylvania Link to more items from this source
May 29, 2009
Excerpt: [N]ew Wharton research suggests that a compensation structure based on long-term escrow accounts could be better -- at least for a company's future -- than the common practice of rewarding short-term changes in share price. Wharton finance professor Alex Edmans and a group of colleagues propose linking an executive's compensation to the performance of the firm over a longer horizon. Their method also takes into account changing conditions within the firm.
10.  Singapore Management University / The Wharton School of The University of Pennsylvania Link to more items from this source
Apr. 8, 2008
2 pages. Excerpt: Worldwide, individuals are being asked to make more of their own savings and investment decisions, especially for retirement. In the US and Europe, for example, there has been a switch from defined benefit pension plans ... to defined contribution pension plans .... Research by Wharton insurance and risk management professor Olivia Mitchell and Singapore Management University finance professor Benedict Koh -- on cost structures of investment offerings in Singapore's Central Provident Fund -- shows, however, that people are not well-equipped to handle such investment decisions.
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