Product Information
This 2006 book treats two vital public policy issues: how should distributions from individual accounts be regulated, and how can the market for private annuities function better? It provides a comprehensive survey of the issues that arise when contributors to individual accounts become eligible for distributions. It also addresses the questions of whether annuitization or other restrictions on distributions should be mandatory, and if so, can the provision of annuities be privatized? Its analytical framework is applicable to a broad range of countries. Given the diminishing importance of public pensions around the world, the growing number of the elderly, and the increasing importance of defined contribution plans, the voluntary demand for private annuities is going to grow. It is vital that annuities be reasonably priced and that the annuity market be effectively regulated. The book investigates both issues, and proposes reforms to enhance the efficiency of the annuity market.Product Identifiers
PublisherCambridge University Press
ISBN-139780521846325
eBay Product ID (ePID)88336709
Product Key Features
Number of Pages264 Pages
LanguageEnglish
Publication NameAnnuity Markets and Pension Reform
Publication Year2006
SubjectFinance
TypeTextbook
AuthorGeorge A. (Sandy) Mackenzie
FormatHardcover
Dimensions
Item Height229 mm
Item Weight489 g
Additional Product Features
Country/Region of ManufactureUnited Kingdom
Title_AuthorGeorge A. (Sandy) Mackenzie