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Annuity markets

Author: Edmund Stuart Cannon; Ian Tonks; Oxford University Press.
Publisher: Oxford ; New York : Oxford University Press, 2008.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Understanding and tackling the impending pension crisis is a key task for public policy. An annuity protects an individual from outliving their savings, and is central to pensions policy. This title explores the issues surrounding annuities.

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Genre/Form: Electronic books
Additional Physical Format: Print version:
Cannon, Edmund Stuart, 1969-
Annuity markets.
Oxford ; New York : Oxford University Press, 2008
(DLC) 2008015098
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Edmund Stuart Cannon; Ian Tonks; Oxford University Press.
ISBN: 9780191550881 0191550884 1281978485 9781281978486
OCLC Number: 316257174
Description: 1 online resource (xix, 295 pages) : illustrations
Contents: List of Figures; List of Tables; 1. Introduction and the context of annuity markets; 2. Description of annuity markets; 3. A short history of annuities; 4. Modelling life expectancy; 5. Annuity markets around the world; 6. Money's worth calculations; 7. Annuity demand theory; 8. Reasons for the annuity puzzle; 9. Evidence on the workings of annuity markets; 10. Supply of annuities; 11. Conclusions; Glossary; Bibliography; Index.
Responsibility: Edmund Cannon and Ian Tonks.


The Pension Crisis concerns the changing demographic profile of the economy: an increasing number of elderly persons supported by fewer young people. Understanding and tackling this impending crisis  Read more...


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`As the baby boomers begin to retire from 2010, an understanding of the role and importance of annuities has never been more needed. This is because they are the only financial instrument ever Read more...

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