Immunization and Hedging of Post Retirement Income Annuity Products
Designing post retirement benefits requires access to appropriate investment instruments to manage the interest rate and longevity risks. Post retirement benefits are increasingly taken as a form of income benefit, either as a pension or an annuity. Pension funds and life insurers offer annuities ge...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2017-03-01
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Series: | Risks |
Subjects: | |
Online Access: | http://www.mdpi.com/2227-9091/5/1/19 |