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A Risky BusinessPensions: Who Pays?

A Risky Business: Pensions: Who Pays? [The previous chapter covered life-dependent assurance and annuityAnnuity products. One commonly held annuity is a pension; a regular income paid to someone because they no longer work due to age or poor health. However, whereas in the last chapter we considered individual pensions or individual life assurance policies, in this chapter we will see the benefits and challenges of scaling this up to a system that covers thousands or even millions of people. But before we look at the challenges of the present, let’s start at the beginning.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Risky BusinessPensions: Who Pays?

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
ISBN
978-3-031-11672-8
Pages
141 –166
DOI
10.1007/978-3-031-11673-5_7
Publisher site
See Chapter on Publisher Site

Abstract

[The previous chapter covered life-dependent assurance and annuityAnnuity products. One commonly held annuity is a pension; a regular income paid to someone because they no longer work due to age or poor health. However, whereas in the last chapter we considered individual pensions or individual life assurance policies, in this chapter we will see the benefits and challenges of scaling this up to a system that covers thousands or even millions of people. But before we look at the challenges of the present, let’s start at the beginning.]

Published: Sep 25, 2022

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