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Annuity markets.

Author: Edmund Stuart Cannon; Ian Tonks
Publisher: Oxford : Oxford University Press, 2008.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Edmund Stuart Cannon; Ian Tonks
ISBN: 9780199216994 0199216991
OCLC Number: 767810704
Description: 1 online resource (xix, 295 s.)
Contents: 1. Introduction ; 2. Annuity Market Products ; 3. Pricing Annuity Products ; 4. Annuity Markets around the World ; 5. History of Annuity Markets ; 6. Economic Theory of Annuities ; 7. Evidence on Selection Effects in Annuity Markets ; 8. The Annuity Puzzle ; 9. Supply of Annuities and Regulation of Annuity Providers ; 10. Annuity Policies and Conclusions

Abstract:

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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