Consulting firm Watson Wyatt and the London School of Economics and Political Science (LSE) are to hold a lecture on Thursday 10 June on defined contribution pension investment strategy.
The lecture, Life Cycle Theory and Defined Contribution Pensions, will be delivered by Zvi Bodie, professor of finance at Boston University. Professor Bodie is a controversial speaker who has strong views on appropriate asset allocation for DC pensions which are encapsulated in his book Worry Free Investing.
Mike Orszag, head of research at Watson Wyatt said: 'Defined contribution pensions are an increasingly important part of pension provision. Zvi Bodie has worked on defined contribution issues for more than 30 years and we are thrilled he has agreed to share his expertise and deliver the first-ever Watson Wyatt lecture at the London School of Economics and Political Science'.
David Webb, professor of finance and director of the UBS Pensions Research Programme at LSE, said: 'Pensions are a priority area for research at LSE and we are pleased to be working with Watson Wyatt on this lecture.'
Roger Urwin, global head of investment consulting at Watson Wyatt, will respond to the lecture, giving remarks in response to Zvi Bodie ahead of a question and answer session.
Life Cycle Theory and Defined Contribution Pensions will be held at the Shaw Library, Old Building, LSE, Houghton Street, London WC2A, on Thursday 10 June at 5.45pm for 6pm. This event is now fully booked.
This lecture is one in a series Watson Wyatt is organising during 2004 with world-renowned academics and other speakers to help raise understanding and debate of key pensions, benefits, reward and risk issues.
Zvi Bodie is professor of finance and economics at Boston University School of Management. He holds a PhD from the Massachusetts Institute of Technology and has served on the finance faculty at the Harvard Business School and MIT's Sloan School of Management.
Professor Bodie has published widely on pension finance and investment strategy in leading professional journals. His books include Foundations of Pension Finance, Pensions in the US Economy, Issues in Pension Economics, and Financial Aspects of the US Pension System. His textbook Finance is co-authored by Nobel Prize winning economist, Robert C Merton. Professor Bodie is a member of the Pension Research Council of the Wharton School, University of Pennsylvania.
UBS Pensions Research Programme at LSE
This five-year research programme, funded by UBS Global Asset Management, pursues research on pension finance and policy, disseminates research-based intelligence to public and private stakeholders and provides a platform for knowledge exchange between the business, policy and academic communities. The programme is built on ongoing research at LSE, is interdisciplinary and interdepartmental in nature and draws on the LSE's breadth of relevant expertise.
Watson Wyatt Worldwide
Watson Wyatt is a global consulting firm focusing on human capital and financial management. We specialise in employee benefits, human capital strategies, and insurance and financial services. We focus on combining human capital and financial expertise to deliver business solutions that drive shareholder value. Watson Wyatt has more than 6,000 associates in 88 offices around the world.
26 May 2004