Cannon, Edmund; Tonks, Ian - School of Economics, Finance and Management, University … - 2009
plan in different countries. These frequency distributions illustrate the risk in the pension replacement ratio faced by an …
Keywords: Risks, Defined contribution pension schemes, pension
replacement ratio.
3
1. Introduction
Around the world there …
replacement ratio). From the perspective of consumer choice – presumably
a consumer who has some desire to smooth consumption …