Showing 1 - 10 of 241
-run elasticity of annuity rates to the risk-free rate in 2001. Moreover, this structural break coincided with the submission of a new …
Persistent link: https://www.econbiz.de/10010522090
the risk-free interest rate, the share of privately-issued higher yield securities in the portfolio of providers as a … proxy for the spread over the risk-free rate, the leverage of providers, the level of broker's commissions, the market share …
Persistent link: https://www.econbiz.de/10010522132
This review of consumer protection and financial literacy (CPFL) in the private pensions and securities sectors in Rwanda complements the 2013 review of Rwanda's banking, microfinance, and insurance sectors. As noted previously, the institutional elements of the formal financial sector in Rwanda...
Persistent link: https://www.econbiz.de/10012248142
Pension, to most people, implies a regular payment from a specific age-such as retirement-until death. Individual … retirement accounts are a vehicle for retirement savings but they do not become a pension in the conventional sense of the word … expectancy is normally uncertain. So people would have to spend accumulated wealth slowly after retirement to ensure an adequate …
Persistent link: https://www.econbiz.de/10012556333
Notional accounts are designed to mimic a defined contribution plan, where the pension depends on contributions and investment returns. (For this reason, they are sometimes called notional, defined-contribution schemes). Pension contributions are tracked in accounts which earn a rate of return....
Persistent link: https://www.econbiz.de/10012556339
The issue of the retirement age is fundamentally linked to policies on social protection. It is an issue that … law in Vietnam, several options were presented for changing the retirement age of women. However, the National Assembly …'s retirement age in Vietnam to serve as a basis for further consultation and policy dialogue with the Government. …
Persistent link: https://www.econbiz.de/10012550889
This edition of the Pension Reform Primer examines the global trend in early retirement among rich and poorer countries …, the reasons for people retiring early, the burden of early retirement on the pension system, recent policy initiatives to … between early retirement and incentives in the pension system, a result confirmed by other international studies and by more …
Persistent link: https://www.econbiz.de/10012556539
"In this paper the authors reconsider the idea of an earnings-related pension system with reserves invested in indexed government bonds as a mechanism to both ensure financial sustainability and improve security. They start by reviewing the characterization of the sustainable rate of return of...
Persistent link: https://www.econbiz.de/10010522096
"Empirical analyses of annuities markets have been limited to a few industrial countries and restricted by data limitations. Chile provides excellent conditions for research on annuities because of the depth of its market and the availability of data. The authors use an extensive dataset on...
Persistent link: https://www.econbiz.de/10010522135
The report on the transforming Indonesia's teaching force is divided in two volumes. The executive summary is the first volume of a two-volume comprehensive report on teacher management in Indonesia. This volume summarizes the key findings of the detailed technical analysis in volume two, but...
Persistent link: https://www.econbiz.de/10012550638