Blake, David (contributor); Cairns, Andrew (contributor); … - 2008
-year-old English and Welsh Men
1950-2002
Yet life annuities are a desirable component of retirement income provision …
companies: of £1150 billion of exposure post-retirement and currently in payment in the UK,
only £70 billion (or 6 percent) is … Risk in UK Pension Provision
(£billion of Total Liabilities, yearend 2003)
Pre-retirement:
Still in employment
Post-retirement …