Rent-Seeking in Private Pensions

Mark Hyde is a Reader in Work and Pensions at the University of Plymouth, UK. His most recent work on the privatisation of pensions has included several books and monographs: The Marketization of Social Security (2001), The Privatization of Mandatory Retirement Income Protection (2006), The Intergenerational Covenant (2010) and Classical Liberalism and Conservatism (2014). Silvia Borzutzky is a Teaching Professor at Carnegie Mellon University, USA. She has written extensively on Chilean politics and social security policies. She is the author of Vital Connections: Politics, Social Security and Inequality in Chile (2002), and co-editor of After Pinochet: The Chilean Road to Capitalism and Democracy (2006), and The Bachelet Government: Conflict and Consensus in Post-Pinochet Chile (2010).

Chapter 1) A Global Revolution in Retirement Provision?: Mandatory Defined Contribution Pensions.- Chapter 2) Structure: Concentration and Ownership in the Pension Fund Management Industry.- Chapter 3) Pricing: Management Charges in Mandatory DC Pensions.- Chapter 4) Performance: Investment Regulation and Returns in Mandatory DC Pension.- Chapter 5) Conclusion.