2018 Annual Report
The Pension Policy Center seeks consulting and research projects concerning pensions, Social Security, financial planning for retirement, financial advice and disclosures,financial fees, fiduciary duty, pension investing, and other retirement issues in the United States and in other countries.
This is the eleventh annual report of the Pension Policy Center. The year 2018 was a productive year. This report provides information about the Pension Policy Center research projects completed in 2018 and rewards received.
Pension Policy Center Publications
John A. Turner wrote, “Regulating Financial Advice: The Conflicted Role of Record Keepers in Pension Rollovers.” Journal of Retirement, Winter 2018, 5(3): 121-131.
Turner and Rajnes wrote, “Pension Investment Strategies of Defined Contribution Plan Participants.” In Pensions: Global Issues, Perspectives and Challenges, NOVA, 2018.
Jill E. Fisch and Turner wrote, “Making A Complex Investment Problem Less Difficult: Robo Target Date Funds.” Journal of Retirement, Spring 2018, pp. 40-45.
Sally Shen and Turner wrote, “Conflicted Advice About Portfolio Diversification.” Financial Services Review, Spring 2018, 27(1): 47-82. “https://globalriskinstitute.org/publications/conflicted-advice-about-portfolio-diversification/”
Jill E. Fisch, Marion Labouré and Turner wrote, “Automated Advice.” 2018. Securing Future Retirements Essay Collection, Society of Actuaries. “https://www.soa.org/Library/Essays/2018/securing-future-retirements/2018-securing-future-retirements-fisch-laboure-turner.pdf”
Turner, David M. Rajnes and Dale Kintzel wrote, “Retirement Readiness, Social Security Reform, and the Value of Future Social Security Benefits.” Benefits Quarterly 34, Winter 2018, pp. 52-64.
Turner wrote, “Implications of Behavioral Economics for the SEC Fiduciary Standard and the Regulatory Protection of Pension Participants.” Journal of Retirement, Fall 2018, 6 (2) 53-60.
Turner, Gerard Hughes, Agnieszka Chłoń-Domińczak, and David M. Rajnes wrote, “Improving Pension Income and Reducing Poverty at Advanced Older Ages: Longevity Insurance Benefits in Ireland and Poland as Models for the United States.” Practical Applications 6(1) 2018: 46-51.
Turner, Gerard Hughes, Agnieszka Chłoń-Domińczak, and David M. Rajnes wrote, “Managing Longevity Risk in Low and Moderate Income Countries: Longevity Insurance Benefits as a Policy Solution.” Journal of Economics and Finance 2018.
Turner, Jules Lichtenstein and Jennifer Erin Brown wrote, “Mandating Pension Auto Enrollment in the United Kingdom: Implications for the United States.” Journal of Retirement 2018 6(1): 82-92.
Joanna Rutecka-Góra, Jaroslav Vostatek and Turner wrote, “Extending Pension Coverage: Tax Versus Non-Tax Incentives.” ACTA VSFS, 2018.
Pension Policy Center Papers Accepted for Publication
Turner, Jill E. Fisch of University of Pennsylvania Law School and Marion Labouré of Harvard University wrote, “The Emergence of the Robo Adviser.” 2019. In The Disruptive Impact of FinTech on Retirement Systems, edited by J. Agnew and O.S. Mitchell. Pension Research Council conference volume.
Turner wrote, “Simplifying RMD Policy.” Benefits Quarterly 2019.
Turner, Denis Latulippe, Kamila Bielawska, David M. Rajnes, and Kathleen Peery wrote, “Partial Retirement and Pension Policy in Industrialized Countries,” in conference volume published by the Hungarian Ministry of Finance, 2019.
Award Received
American College of Employee Benefits Counsel 2018 (inaugural) Simplification Award for the paper for the best proposal for simplifying employee benefits law (Simplifying RMD Policy: Making Compliance Easier and Less Costly for Retirement Participants in their 70s and Older (with Jennifer Erin Brown)).