Knowledge@SMU
Publication Type
Journal Article
Publication Date
2-2010
Abstract
Greying populations are no longer a challenge reserved just for developed economies. The “silver tsunami” is starting to make its way towards developing nations too. But are governments, insurance companies, banks and individuals preparing themselves sufficiently? Buying annuities is one means to which people can plan for their retirement needs. Yet, take-up rates remain low. As the "tsunami" approaches, should regulators take forceful action to kick start the take-up of such instruments to prepare their economies for the impending economic mayhem?
Keywords
Retirement, Aging population, annuities, income
Disciplines
Finance and Financial Management
Copyright Owner and Holder
Copyright © Singapore Management University 2012
Licece/Creative Commons Licence
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Article ID
1265
Citation
Knowledge@SMU.
Warding off Longevity Risks: Ensuring Sustainable Income for Retirement. (2010).
Available at: https://ink.library.smu.edu.sg/ksmu/195