Pensions: Who Pays?

Catrin Townsend ()

Chapter Chapter 7 in A Risky Business, 2022, pp 141-166 from Springer

Abstract: Abstract The previous chapter covered life-dependent assurance and annuityAnnuity products. One commonly held annuity is a pension; a regular income paid to someone because they no longer work due to age or poor health. However, whereas in the last chapter we considered individual pensions or individual life assurance policies, in this chapter we will see the benefits and challenges of scaling this up to a system that covers thousands or even millions of people. But before we look at the challenges of the present, let’s start at the beginning.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-11673-5_7

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DOI: 10.1007/978-3-031-11673-5_7

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