Annuity Markets and Pension Reform (Paperback)

George A. Mackenzie

ISBN 10: 1107407214 / ISBN 13: 9781107407213

Editore: Cambridge University Press, Cambridge, 2012

Paperback. This 2006 book treats two vital public policy issues: how should distributions from individual accounts be regulated, and how can the market for private annuities function better? It provides a comprehensive survey of the issues that arise when contributors to individual accounts become eligible for distributions. It also addresses the questions of whether annuitization or other restrictions on distributions should be mandatory, and if so, can the provision of annuities be privatized? Its analytical framework is applicable to a broad range of countries. Given the diminishing importance of public pensions around the world, the growing number of the elderly, and the increasing importance of defined contribution plans, the voluntary demand for private annuities is going to grow. It is vital that annuities be reasonably priced and that the annuity market be effectively regulated. The book investigates both issues, and proposes reforms to enhance the efficiency of the annuity market. This 2006 book treats two vital but neglected public policy issues: how should distributions from individual accounts be regulated, and how can the market for private annuities function better? It provides a comprehensive survey of the issues that arise when contributors to individual accounts become eligible for distributions. This item is printed on demand. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. Codice articolo 9781107407213

Riassunto:

This 2006 book examines annuity and voluntary pension markets and suggests how these might be improved.

Recensione: Review of the hardback: 'This well-written book deserves a place on the bookshelves of economists and especially policy advisers interested in pension reform and annuity markets.' Journal of Pension Economics and Finance

Dati bibliografici

Titolo: Annuity Markets and Pension Reform (...
Casa editrice: Cambridge University Press, Cambridge
Data di pubblicazione: 2012
Legatura: Paperback
Condizione: new