Similar Search Results

The impact of guarantees on the performance of pension saving schemes : insights from the literature

Bohnert, Alexander - In: Risks : open access journal 3 (2015) 4, pp. 515-542

Guarantees are often seen as the key characteristics of pension saving products, but securing them can become costly and is of central relevance especially in the course of the current low interest rate environment. In this article, we deal with the question of how costly the typical types of...

Persistent link: https://www.econbiz.de/10011402676

How will 401(k) pension plans affect retirement income?

Samwick, Andrew; Skinner, Jonathan - In: The American economic review 94 (2004) 1, pp. 329-343

Persistent link: https://www.econbiz.de/10002034961

Efficient retirement portfolios : using life insurance to meet income and bequest goals in retirement

Dong, Fangyuan; Halen, Nick; Moore, Kristen; Zeng, Qinglai - In: Risks : open access journal 7 (2019) 1/9, pp. 1-11

savings vehicles but with less restrictive limitations on income and contributions. Opinions are mixed about the effectiveness …

Persistent link: https://www.econbiz.de/10012018693

A discussion of a risk-sharing pension plan

Donnelly, Catherine - In: Risks : open access journal 5 (2017) 1, pp. 1-20

I show that risk-sharing pension plans can reduce some of the shortcomings of defined benefit and defined contributions plans. The risk-sharing pension plan presented aims to improve the stability of benefits paid to generations of members, while allowing them to enjoy the expected advantages of...

Persistent link: https://www.econbiz.de/10011636555

A guaranteed-return structured product as an investment risk-hedging instrument in pension savings plans

Afik, Zvika; Hadad, Elroi; Yosef, Rami - In: Risks : open access journal 11 (2023) 6, pp. 1-16

scenarios. The results show that the SP guarantees a minimal return on the pension savings portfolio and offers a higher …

Persistent link: https://www.econbiz.de/10014334531

An empirical study on the financial preparation for retirement of the independent workers for profit in Poland

Bednarczyk, Teresa Hanna; Skibińska-Fabrowska, Ilona; … - In: Risks : open access journal 9 (2021) 9, pp. 1-21

) hold much greater personal responsibility for financing their pensions than workers for pay. The main aim of this study was …-term saving for pensions by independent, for-profit workers in Poland. Additionally, the study recognizes the level of saving … various, though not high, savings. Moreover, it turned out that independent workers for profit in Poland opt for non …

Persistent link: https://www.econbiz.de/10012612623

Minimum protection in DC funding pension plans and Margrabe options

Devolder, Pierre; Valeriola, Sébastien de - In: Risks : open access journal 5 (2017) 1, pp. 1-14

The regulation on the Belgian occupational pension schemes has been recently changed. The new law allows for employers to choose between two different types of guarantees to offer to their affiliates. In this paper, we address the question arising naturally: which of the two guarantees is the...

Persistent link: https://www.econbiz.de/10011636195

Immunization strategies for funding multiple inflation-linked retirement income benefits

Simões, Cláudia; Oliveira, Luís; Bravo, Jorge Miguel … - In: Risks : open access journal 9 (2021) 4, pp. 1-28

Protecting against unexpected yield curve, inflation, and longevity shifts are some of the most critical issues institutional and private investors must solve when managing post-retirement income benefits. This paper empirically investigates the performance of alternative immunization strategies...

Persistent link: https://www.econbiz.de/10012508594

Mental accounting in portfolio choice: evidence from a flaypaper effect

Choi, James J.; Laibson, David I.; Madrian, Brigitte C. - In: The American economic review 99 (2009) 5, pp. 2085-2095

Persistent link: https://www.econbiz.de/10003936378

Impatience and uncertainty : experimantal decisions predict adolescents' field behavior

Sutter, Matthias; Kocher, Martin; Glätzle-Rützler, Daniela - In: The American economic review 103 (2013) 1, pp. 510-531

Persistent link: https://www.econbiz.de/10009716351