Annuity markets and pension reform /
Mackenzie, G. A. (1950-)

 

  • Annuity markets and pension reform /
  • 紀錄類型: 書目-語言資料,印刷品 : Monograph/item
    杜威分類號: 331.25/24
    書名/作者: Annuity markets and pension reform // George A. (Sandy) Mackenzie.
    其他題名: Annuity Markets & Pension Reform
    作者: Mackenzie, G. A.
    面頁冊數: 1 online resource (xiii, 248 pages) : : digital, PDF file(s).
    附註: Title from publisher's bibliographic system (viewed on 05 Oct 2015).
    標題: Pension trusts.
    標題: Life annuities.
    標題: Retirement income.
    ISBN: 9780511607196 (ebook)
    內容註: The demand side of the annuity market -- The supply side of the annuity market -- The regulation of annuity providers -- Experience with individual account reforms -- Individual liberty versus security in retirement, and the government's role -- Policy issues with both public and private sector -- Policy issues with privatization of the provision of annuities.
    摘要、提要註: 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.
    電子資源: http://dx.doi.org/10.1017/CBO9780511607196
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