Administrative Costs and the Organization of Individual Retirement Account Systems
Author | : Estelle James |
Publisher | : World Bank Publications |
Total Pages | : 80 |
Release | : 2001 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Administrative Costs and the Organization of Individual Retirement Account Systems written by Estelle James and published by World Bank Publications. This book was released on 2001 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 unforeseen contingencies, and an increased probability of corruption, collusion, and regulatory capture.