Evaluation of the 3rd pillar pension funds in Lithuania

Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
Evaluation of the 3rd pillar pension funds in Lithuania
In the Journal:
Journal of business economics and management. 2014, Vol. 15, no. 4, p. 684–707
Summary / Abstract:

LTReikšminiai žodžiai: Delfi metodas; Ekspertų apklausa; III pakopos pensijų fondai; Papildomas savanoriškas taupymas; Privatūs pensijų fondai; Rizika ir grąža; Sharpe santykis; „Delfi“ metodas; Additional voluntary saving; Delphi method; Expert survey; Private pension funds; Risk and return; The 3rd pillar pension funds; The Sharpe ratio.

ENThe article emphasizes the increasing importance of the 3rd pillar pension funds and necessity of their assessment in Lithuania. Identified private pension funds evaluation criteria and the expert survey carried out in this paper allowed to ascertain main parameters of evaluation and weigh them according to their importance. Moreover, there is used Delphi method together with Kendall’s coefficient of concordance to assure that the attitude of experts and the results of survey are reconcilable and statistically significant. Finally, created model is tested using funds data analysis to assess its reliability. It is expected that scientific recommendations made based on the analysis of the theoretical studies and empiric research data will assist assessing the 3rd pillar pension funds. In addition, it is supposed that these results will help investors to make a right decision choosing a particular 3rd pillar pension fund and will be a useful tool to encourage investments into private pension funds in the future. [From the publication]

DOI:
10.3846/16111699.2014.951956
ISSN:
1611-1699; 2029-4433
Related Publications:
Tax incentives as a part of governments’ applied mechanisms for the third pension pillar in Estonia, Latvia, and Lithuania / Evija Dundure, Biruta Sloka. European integration studies. 2020, No. 14, p. 146-155.
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https://www.lituanistika.lt/content/72782
Updated:
2021-02-02 19:03:33
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