Title: Administrative costs and the organization of individual retirement systems
First published: 2001
Description: Organizing individual retirement accounts through the institutional market and with constrained choice could substantially lower administrative costs. The tradeoff: rebidding problems, weaker performance incentives, inflexibility in the face of unforseen contingencies, and an increased probability of corruption, collusion, and regulatory capture.
Subjects: Costs, Finance, Social security, Individual retirement accounts, Pensions, Pension trusts
LC classification: HG3881.5.W57