Developing An Annuity Market In Europe PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Developing An Annuity Market In Europe PDF full book. Access full book title Developing An Annuity Market In Europe.
Author | : Elsa Fornero |
Publisher | : Edward Elgar Publishing |
Total Pages | : 0 |
Release | : 2004 |
Genre | : Annuities |
ISBN | : 9781843764762 |
Download Developing an Annuity Market in Europe Book in PDF, ePub and Kindle
Fornero and Luciano, professors of economics and mathematical finance, respectively, at the University of Turin, present papers from a June 2002 conference, surveying recent research on the role of annuities in helping households to finance retirement and decumulate wealth. European and American con
Author | : Roberto Rezende Rocha |
Publisher | : World Bank Publications |
Total Pages | : 292 |
Release | : 2007 |
Genre | : Business & Economics |
ISBN | : 082136667X |
Download Developing Annuities Markets Book in PDF, ePub and Kindle
Developing Annuities Markets: The Experience of Chile is part of a multicountry World Bank project analyzing the market for retirement products. Among countries that have reformed their pension systems since the early 1990s, the Chilean case has emerged as the most relevant for drawing policy lessons on the role of the private sector in the provision of retirement income for two reasons: the depth, sophistication, and efficiency of the country's retirement products market, and the fact that this market was successfully developed from scratch by a middle-income country. The book examines in det.
Author | : Collectif |
Publisher | : OECD |
Total Pages | : 108 |
Release | : 2016-12-05 |
Genre | : Business & Economics |
ISBN | : 9264267794 |
Download Life Annuity Products and Their Guarantees Book in PDF, ePub and Kindle
This publication helps policy makers to better understand annuity products and the guarantees they provide in order to optimise the role that these products can play in financing retirement. Product design is a crucial factor in the potential role of annuity products within the pension system, along with the cost and demand for these products, and the resulting risks that are borne by the annuity providers. Increasingly complex products, however, pose additional challenges concerning consumer protection. Consumers need to be aware of their options and have access to unbiased and comprehensible advice and information about these products.
Author | : Edmund Cannon |
Publisher | : OUP Oxford |
Total Pages | : 316 |
Release | : 2008-10-02 |
Genre | : Business & Economics |
ISBN | : 0191607592 |
Download Annuity Markets Book in PDF, ePub and Kindle
The Pension Crisis concerns the changing demographic profile of the economy: an increasing number of elderly persons supported by fewer young people. Governments around the world are responding to this impending crisis by shifting their pension policies away from pay-as-you-go systems towards individual savings schemes. These savings need to be converted into a pension at retirement, and annuities provide this function. This book is a comprehensive study of annuity markets. The book starts by outlining the context of public policy towards pensions, and explains the different types of annuities available, focusing on the UK which has the largest annuity market in the world. It examines how annuities are priced, and describes the techniques of mortality measurement. As a background, it provides a history of annuities, and the experience of annuity markets in a number of other countries. The book outlines the economic theory behind annuities, and explains how annuities insure consumers against longevity risks. It goes on to describes how annuities markets function: how they work, and whether they are efficient, leading onto a discussion of the annuity puzzle. The book concludes by discussing the regulatory framework, assets available to back annuity liabilities, and recent developments in annuity markets.
Author | : |
Publisher | : World Bank Publications |
Total Pages | : 452 |
Release | : 2001-09-21 |
Genre | : Business & Economics |
ISBN | : 9780821349557 |
Download Developing Government Bond Markets: A Handbook Book in PDF, ePub and Kindle
This handbook is a comprehensive and authoritative reference for both senior policymakers—those responsible for the development of government bond markets in their own countries—and all individuals responsible for guiding the market development process at the operational level—those who have a substantial need to understand the policy issues involved.
Author | : Ermanno Pitacco |
Publisher | : OUP Oxford |
Total Pages | : 417 |
Release | : 2009-01-29 |
Genre | : Business & Economics |
ISBN | : 0191563153 |
Download Modelling Longevity Dynamics for Pensions and Annuity Business Book in PDF, ePub and Kindle
Mortality improvements, uncertainty in future mortality trends and the relevant impact on life annuities and pension plans constitute important topics in the field of actuarial mathematics and life insurance techniques. In particular, actuarial calculations concerning pensions, life annuities and other living benefits (provided, for example, by long-term care insurance products and whole life sickness covers) are based on survival probabilities which necessarily extend over a long time horizon. In order to avoid underestimation of the related liabilities, the insurance company (or the pension plan) must adopt an appropriate forecast of future mortality. Great attention is currently being devoted to the management of life annuity portfolios, both from a theoretical and a practical point of view, because of the growing importance of annuity benefits paid by private pension schemes. In particular, the progressive shift from defined benefit to defined contribution pension schemes has increased the interest in life annuities with a guaranteed annual amount. This book provides a comprehensive and detailed description of methods for projecting mortality, and an extensive introduction to some important issues concerning longevity risk in the area of life annuities and pension benefits. It relies on research work carried out by the authors, as well as on a wide teaching experience and in CPD (Continuing Professional Development) initiatives. The following topics are dealt with: life annuities in the framework of post-retirement income strategies; the basic mortality model; recent mortality trends that have been experienced; general features of projection models; discussion of stochastic projection models, with numerical illustrations; measuring and managing longevity risk.
Author | : Roberto Rezende Rocha |
Publisher | : World Bank Publications |
Total Pages | : 376 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : 0821385747 |
Download Annuities and Other Retirement Products Book in PDF, ePub and Kindle
In the 1990s many emerging economies in Central Europe and Latin America initiated their pension reforms. While most analysis to date has focused on the accumulation phase, there are a number of lessons to be shared as countries start to prepare the retirement options for their contributors, with this book addressing these issues from a public policy perspective.
Author | : Chris Hasselmann |
Publisher | : Routledge |
Total Pages | : 208 |
Release | : 2017-11-30 |
Genre | : Political Science |
ISBN | : 1351151622 |
Download Policy Reform and the Development of Democracy in Eastern Europe Book in PDF, ePub and Kindle
Integrating the international pressures emanating from the Washington Consensus with an analysis of domestic interest representation, this book explores the political consequences of privatization and the progress of democracy in Eastern Europe. Chris Hasselmann investigates whether the issue of pension reform offers a natural controlled experiment with which to explore both issues throughout the region and the former Soviet Union. The volume will prove of value to those with an interest in public policy and governance issues, the politics of Eastern Europe and political theory more generally.
Author | : Niels Philipsen |
Publisher | : Springer |
Total Pages | : 321 |
Release | : 2015-11-06 |
Genre | : Law |
ISBN | : 3662482738 |
Download Market Integration: The EU Experience and Implications for Regulatory Reform in China Book in PDF, ePub and Kindle
This book examines the relationship between regulation and market integration, with a special focus on China. It pursues a Law and Economics and Comparative Law approach (China and EU) to analyze the current obstacles to market integration and domestic economic growth in China. Topics covered at the national level include competition law, public procurement rules and financial regulation. At the regional and local level, this book addresses questions related to administrative monopolies, self-regulation, legal services markets, and environmental law.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 117 |
Release | : 2005-11-16 |
Genre | : |
ISBN | : 9264035761 |
Download Financial Market Trends Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies Book in PDF, ePub and Kindle
This OECD 2005 report, prepared at the request of Deputies of the G10, reviews economic consequences of ageing populations for financial markets and recommends that governments help facilitate development of financial instruments to support retirement savings and pensions.