The Retirement Plan Solution: The Reinvention of Defined Contribution

Acknowledgments

This book reflects the collective experience of the three authors over many decades practicing in the fields of pensions and investments. No one learns in a vacuum, and we have certainly been blessed by our associations over the years. The people we have had the good fortune to interact with—plan sponsors, advisers, consultants, fellow researchers, colleagues, competitors, individuals planning for their own retirement, lawmakers, regulators—have all aided our knowledge along the way. This book, and our careers for that matter, would not be possible without such a rich association.

When you want something done, ask a busy person to do it. Over the years we have come to know a number of the leading lights in the pensions industry in many countries. We took the opportunity to send our manuscript to them and asked for their comments—at short notice, of course. Where they found the time we don't know. But they responded with insight and speed. We must have made a hundred changes as a result: some technical corrections, some clarifications, even some changes in direction. We didn't follow every piece of advice they offered, but we think the book is much better, thanks to their efforts, and we are very grateful to them.

Those who have given us permission to thank them publicly are: Michael Barry (President, Plan Advisory Services); Richard M. Ennis, CFA (Chairman, Ennis Knupp + Associates, and Editor, Financial Analysts Journal); Wichert Hoekert (Watson Wyatt in the Netherlands); ...