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New Models for Managing Longevity Risk
Olivia S. Mitchell
其他書名
Public-Private Partnerships
出版
Oxford University Press
, 2022-02-04
主題
Law / Pension Law
Business & Economics / Investments & Securities / General
Business & Economics / Industries / Financial Services
Social Science / Demography
ISBN
0192675974
9780192675972
URL
http://books.google.com.hk/books?id=tCFaEAAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Notwithstanding the terrible price the world has paid in the coronavirus pandemic, the fact remains that longevity at older ages is likely to continue to rise in the medium and longer term. This volume explores how the private and public sectors can collaborate via public-private partnerships (PPPs) to develop new mechanisms to reduce older people's risk of outliving their assets in later life. As this volume shows, PPPs typically involve shared government financing alongside private sector partner expertise, management responsibility, and accountability. In addition to offering empirical evidence on examples where this is working well, contributors provide case studies, discuss survey results, and examine a variety of different financial and insurance products to better meet the needs of the aging population. This volume will be informative to researchers, plan sponsors, students, and policymakers seeking to enhance retirement plan offerings.