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New Models for Managing Longevity Risk : Public-Private Partnerships

By: Olivia S. Mitchell (Author)

Ksh 11,250.00
Format :

Format(s): DRM EPUB

ISBN-13: 9780192675972

Publisher: OUP Oxford

Imprint: OUP Oxford

Publication Date: February 4th, 2022

Country of Publication: GB

Language: English

Pages: 320

Physical Edition EAN: 9780192859808

Category: Population & demography , Pensions , Financial services industry

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  • Author Bio

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 sectorpartner 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 ofthe aging population. This volume will be informative to researchers, plan sponsors, students, and policymakers seeking to enhance retirement plan offerings.

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