Aging, longevity risk and following pension reforms are expected to have large impacts on households' saving level, and their need/demand for financial instruments. Evidence shows that the share of the insurance products and private pension funds in the household financial portfolio increased...

This paper examines whether there is any linkage between high levels of sovereign debt and the size of the elderly population. It is primarily a descriptive study which utilizes simple correlations and regressions. One might expect, based on precepts of prudent management of finances, that...