• Out-of-Stock

Pension Reform in The Netherlands: Attractive Options for other Countries? [extrait BMI 128]

Author : Nijman Theo
€47.39
Quantity
Add to wishlist
Out-of-Stock

Version numérique PDF

Rapid increases in life expectancy, the financial crisis and the lack of trust in financial institutions have raised worries about the sustainability of the pension system in many countries. This paper outlines the reforms that are likely to be implemented in The Netherlands. Pension income will be automatically linked to increases in life expectancy. Pension products that generate nominally guaranteed payments in Euros during retirement are perceived as unattractive for younger participants. Variable annuity contracts will be introduced that insure against the risk of outliving your assets but explicitly link the pension income to be received to the performance of financial markets. Investment risks on shorter horizons are less than for longer horizons, as suggested by habit formation. We discuss the liability driven investment (LDI) strategy that yields the required risk for the individual as well as the Dutch proposal to communicate investment risks in pension provision.Keywords: Annuities; Life Cycle Investing.JEL codes: J11; G11; G22.

Auteurs :Nijman Theo
Extrait de la revue BMI 128

BMI128-1116207
New

16 other products in the same category:

Bankers, Markets &...
  • Out-of-Stock
Availability: Out of stock

Sommaire

The Paulson Plan: Who Are the Winners?

  • A Partial Equilibrium Model of the Convenience Yield Risk Premium of Storable Commodities
  • Raising Companies’ Profi le with Corporate Social Performance
  • Does Employee Ownership Really Boost Performance?
  • Islamic Equity Indices: Insight and Comparison with Conventional Counterparts

  • Market microstructure in practice
Bankers, Markets &...
  • Out-of-Stock
Availability: Out of stock

Sommaire

Articles

  • Testing the Profitability of Contrarian Trading Strategies Based on the Overreaction Hypothesis
  • Evaluating UCITS Compliant Hedge Fund Performance
  • Do Cooperative Banks Have Greater Market Power?
  • In which Media are Analysts’ Recommendations most Followed?
This website uses cookies to ensure you get the best experience on our website