Insurance Providers May Be Making Promises That They Can't Afford to Keep, with the Latest Generation of Retirement Income Products
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Date
2008
Authors
Milevsky, Moshe
Salisbury, Thomas S.
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
Corporations, governments, and insurance companies may be underestimating the financial risks of the new generation of personal pension and retirement income products. Insurance providers may not be charging consumers enough, when you consider the long-term guarantees and promises embedded within these products.
Description
Keywords
Finance, Pensions
Citation
Milevsky, M. A., & Salisbury, T. S. (2006). Financial valuation of guaranteed minimum withdrawal benefits. Insurance: Mathematics and Economics, 38(1), 21-38.