Policy Issues for Developing Annuities Markets:

Annuities are specifically designed to cover the risk that an individual outlives their own resources by transferring such risk to an insurance undertaking. Despite an increasing need for annuity products (due to increasing longevity, decreasing state pensions, a rise in Defined Contribution pension...

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Bibliographische Detailangaben
1. Verfasser: Stewart, Fiona (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 2007
Schriftenreihe:OECD Working Papers on Insurance and Private Pensions
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Online-Zugang:kostenfrei
Zusammenfassung:Annuities are specifically designed to cover the risk that an individual outlives their own resources by transferring such risk to an insurance undertaking. Despite an increasing need for annuity products (due to increasing longevity, decreasing state pensions, a rise in Defined Contribution pension plans etc.), these markets remains under-developed in many OECD countries. This paper attempts to address why this is the case and what policy options exist for encouraging annuity markets to develop
Beschreibung:1 Online-Ressource (9 Seiten) 21 x 29.7cm
DOI:10.1787/268701821137

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