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Proposals for mandatory private saving accounts differ in the degree of investment discretion that they provide to … individual savers, and in their provisions for annuitization of accumulated assets. With respect to investment choices, some …
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One of the central issues in evaluating the ongoing shift from defined benefit (DB) to defined contribution (DC) pension plans is the degree to which assets in DC plans will be withdrawn before plan participants reach retirement age. The annual flow of withdrawals from such plans, which are...
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investment strategies is similar to that from age-invariant asset allocation strategies that set the equity share of the …-stock investment allocation rule is greater than that from any of the more conservative strategies. Higher risk aversion or lower …
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One of the central issues in evaluating the ongoing shift from defined benefit (DB) to defined contribution (DC) pension plans is the degree to which assets in DC plans will be withdrawn before plan participants reach retirement age. The annual flow of withdrawals from such plans, which are...
Persistent link: https://www.econbiz.de/10012763718