Superannuation: make income the outcome

July 24 2014 | Retirement Planning |
Having led the world in the 1990s in embracing defined contribution retirement plans, Australia now is rightly reviewing whether the design of its retirement income system is meeting the needs of Australians living in retirement. David Murray’s interim report into Australia’s financial systems noted the particular strengths of this three-pillar system, which comprises the age pension, compulsory superannuation guarantee and voluntary private savings. With more than A$1.8 trillion of assets under management, Australia now has the fourth largest private pension pool in the world. The questions, as the Murray report identified, are around the complexity, efficiency and efficacy of the system...

Harnessing the Building Blocks of Economic Valuation Exploring the Work of Nobel Laureate Robert C. Merton

2013 | Miscellaneous | Article
Journal of Investment Consulting, IMCA, Vol. 14, no. 1

Applying Lifecycle Economics: Innovation Risk: How to Make Smarter Decisions

April 2013 | Risk Management/Stocks | Article
Harvard Business Review

On a New Approach for Analyzing and Managing Macrofinancial Risks

March-April 2013 | Risk Management/Stocks | Paper
with Monica Billio, Mila Getmansky, Dale Gray, Andrew W. Lo, and Loriana Pelizzon. Financial Analysis Journal, Vol. 69(2): 22-33,

The financial innovator

August 10 2013 | Financial Innovation, Risk Management/Stocks | Article, Interview
The Business Times, p.10-11. Robert Merton talks to Vikram Khanna about financial innovation, risk and crises.