Modern tontines as a pension solution: a practical overview
European Actuarial Journal (2021)
- Author: Pascal Winter
- Co-Author: Frederic Planchet
Direct Link: European Actuarial Journal
“If you survive your pension savings, you will be poor!
If your savings survive you, that’s equally inefficient.” — Jose Herce
Global environment is putting many pension schemes under pressure
- Low Rates and Increased Longevity have made life annuities impractical
- Adequate elderly financial planning is more needed than ever
Retirement Decumulation is the “nastiest, hardest, problem in finance” - William Sharpe
Modern Tontines, as a retirement vessel, can efficiently solve the annuity puzzle
A Flexible, Transparent and Efficient pension solution:
