Chapter

Conclusions

Edmund Cannon and Ian Tonks

in Annuity Markets

Published in print October 2008 | ISBN: 9780199216994
Published online January 2009 | e-ISBN: 9780191711978 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199216994.003.0011
Conclusions

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This chapter summarizes the conclusions on annuity pricing. While annuity products continue to be an important component of a number of pensions systems, there are a number of public policy questions relating to both the supply and demand side of annuities. These include more sophisticated mortality projections, annuity products that appeal to particular clienteles, the bulk buy-out market, and the demand for long-term care. The chapter ends by suggesting possible explanations for the recent slight decline in the money's worth numbers.

Keywords: A-day; bulk buy-outs; long-term care; public policy questions; mortality projections

Chapter.  2872 words. 

Subjects: Pensions

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