| 000 | 02295cam a22004094a 4500 | ||
|---|---|---|---|
| 001 | 14969172 | ||
| 003 | The World Bank | ||
| 005 | 20151125122543.0 | ||
| 006 | m d | ||
| 007 | cr cn||||||||| | ||
| 008 | 070816s2007 dcua b i000 0 eng d | ||
| 010 | _a2007298430 | ||
| 020 | _a0821371177 | ||
| 020 | _a0821371185 (eISBN) | ||
| 020 | _a9780821371176 | ||
| 020 | _a9780821371183 (eISBN) | ||
| 035 | _a(The World Bank)156853511 | ||
| 035 | _a(The World Bank)ocn156853511 | ||
| 040 |
_aDJB _cDJB _dBAKER _dDLC |
||
| 042 | _alccopycat | ||
| 043 | _as-ck--- | ||
| 050 | 0 | 0 |
_aHD7157 _b.F563 2007 |
| 245 | 0 | 0 |
_aFinancial sector dimensions of the Colombian pension system _h[electronic resource] / _cHeinz Rudolph ... [et al.]. |
| 260 |
_aWashington, D.C. : _bWorld Bank, _cc2007. |
||
| 300 |
_aix, 76 p. : _bill. ; _c26 cm. |
||
| 490 | 0 |
_aWorld Bank working paper ; _x1726-5878 ; _vno. 106 |
|
| 504 | _aIncludes bibliographical references (p. 75-76). | ||
| 520 | 3 | _aThis paper provides an assessment of the funded pension system and the quality of the regulatory framework for both accumulation and payout phase. It suggests that the lack of portfolio diversification may contribute in the future to low returns and poor pensions and provides a number of recommendation to expand the opportunities of investments to pension funds. The paper also finds that pension fund administrators are not exploiting the scale economies in certain areas of the business such as collection of revenues and account management, and propose mechanisms to reduce costs and increase efficiency through greater competition. The paper examines the products and options offered at the retirement age and finds a bias toward the payment of pensions in the form of lump sums and suggests alternatives for improving the availability of other instruments. Enhancements in the regulatory framework of insurance companies are also proposed. | |
| 588 | _aDescription based on print version record. | ||
| 650 | 0 |
_aPension trusts _zColombia. |
|
| 650 | 0 |
_aPensions _zColombia. |
|
| 700 | 1 | _aRudolph, Heinz P. | |
| 710 | 2 | _aWorld Bank. | |
| 776 | 0 | 8 |
_aPrint Version: _z9780821371176 |
| 830 | 0 | _aWorld Bank e-Library. | |
| 856 | 4 | 0 | _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-0-8213-7117-6 |
| 999 |
_c16224 _d16224 |
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