providing insurance against lifetime uncertainty. The terms of these contracts depend on the information available to insurance … general analysis of survival functions, stochastic dominance, and characterization of changes in longevity, Eytan Sheshinski … derives the demand for annuities using a model of individuals who jointly choose their lifetime consumption and retirement age …

annuities. Every section of the paper try to address one specific question, naming: How important is the ageing problem in the … for the elderly? Why the annuities market is so thin? Why the annuities market only develop when there is a mandate to …

annuities, essential to ensure integrity of the system, from three sides; prudential regulation of insurance companies, conduct … of business regulation of insurance companies and the regulation of annuities within the overall pension system. We also …Annuities are a vital aspect of a growing number of reformed pension systems around the world, and will be of …

When entering retirement most people face the decision whether they would like their defined contribution account …