1887

OECD Journal: General Papers

  • Discontinued

OECD Journal: General Papers presents a collection of articles on a range of subjects, from the latest OECD research on macroeconomics and economic policies, to work in areas as varied as employment, education, environment, trade, science and technology, development and taxation.  Published as part of the OECD Journal package.

English

Financial Education and Annuities

Life annuities – financial products that help individuals convert a lump-sum of wealth into a guaranteed life-long income stream – have an important role to play in providing a secure source of retirement income. Because annuities provide valuable insurance against longevity risk, much of the theoretical work in economics suggests that life annuities ought to comprise a large share of the retirement portfolios of most households. Yet around the world, voluntary annuity markets remain small.

English

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