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Bringing cost transparency to the life annuity market

Listed author(s):
  • Donnelly, Catherine
  • Guillén, Montserrat
  • Nielsen, Jens Perch

The financial industry has recently seen a push away from structured products and towards transparency. The trend is to decompose products, such that customers understand each component as well as its price. Yet the enormous annuity market combining investment and longevity has been almost untouched by this development.

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File URL: http://www.sciencedirect.com/science/article/pii/S0167668714000201
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Article provided by Elsevier in its journal Insurance: Mathematics and Economics.

Volume (Year): 56 (2014)
Issue (Month): C ()
Pages: 14-27

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Handle: RePEc:eee:insuma:v:56:y:2014:i:c:p:14-27
DOI: 10.1016/j.insmatheco.2014.02.003
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505554

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