Hopes for and reality behind pension funds

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Presentation transcript:

Hopes for and reality behind pension funds Ania Zalewska Centre for Governance and Regulation School of Management, University of Bath, UK “Savings, Risks and Retirement Financing” Institut du Risque et de l’Assurance du Mans (IRA), Le Mans Université 20 March 2018

How do they prioritise? vs. Most frequently addressed issues Most important issues Rank Strategy 1 Financial performance 2 Leadership - Chairman/CEO 3 Capital allocation 4 Executive remuneration 5 Composition (incl. diversity) of the board 6 Environment 7 Culture 8 Audit and reporting 9 Pay and conditions of (non-exec) employees, incl. health and safety 10 Human rights 11 Competition 12 Most frequently addressed issues Rank Strategy 1 Executive remuneration 2 Financial performance 3 Leadership - Chairman/CEO 4 Capital allocation 5 Composition (incl. diversity) of the board 6 Environment 7 Audit and reporting 8 Competition 9 Pay and conditions of (non-exec) employees, incl. health and safety 10 Human rights 11 Culture 12

Risk-return characteristics

Risk-return characteristics

How to beat the benchmark? return P M PPB risk