Annuities

Charles Sutcliffe

Chapter 5 in Finance and Occupational Pensions, 2016, pp 247-299 from Palgrave Macmillan

Abstract: Abstract An annuity provides a stream of payments until the death of the annuitant (pensioner). The price of annuities is strongly influenced by expectations at the time of purchase of the long-term interest rate on bonds. It also varies with the gender and age of the pensioner, as these determine their expected longevity.

Keywords: Adverse Selection; Pension Scheme; Annuity Rate; Annuity Market; Occupational Pension (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-94863-5_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349948635

DOI: 10.1057/978-1-349-94863-5_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().