Design considerations for retirement savings and retirement income products

In the backdrop of a world with an ageing population and increasing life expectancy, the impact of the global financial crisis on the values of pension and superannuation funds has underscored the vulnerability of the wealth pool of retirees and their well-being during retirement. In light of this,...

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Main Author: Lakshman, Alles
Format: Journal Article
Published: Palgrave Macmillan Ltd. 2011
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/17730
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author Lakshman, Alles
author_facet Lakshman, Alles
author_sort Lakshman, Alles
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description In the backdrop of a world with an ageing population and increasing life expectancy, the impact of the global financial crisis on the values of pension and superannuation funds has underscored the vulnerability of the wealth pool of retirees and their well-being during retirement. In light of this, it is important to examine how the design and delivery of retirement savings and income products can address these vulnerabilities. The purpose of this article is to review and evaluate the factors that need to be considered and the features that need to be incorporated in designing and developing retirement savings and retirement income products to address the concerns of investors, both in the accumulation and draw down phases of retirement investment management.
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spelling curtin-20.500.11937-177302017-09-13T16:09:10Z Design considerations for retirement savings and retirement income products Lakshman, Alles global financial crisis retirement pension products securitization pensions longevity risk In the backdrop of a world with an ageing population and increasing life expectancy, the impact of the global financial crisis on the values of pension and superannuation funds has underscored the vulnerability of the wealth pool of retirees and their well-being during retirement. In light of this, it is important to examine how the design and delivery of retirement savings and income products can address these vulnerabilities. The purpose of this article is to review and evaluate the factors that need to be considered and the features that need to be incorporated in designing and developing retirement savings and retirement income products to address the concerns of investors, both in the accumulation and draw down phases of retirement investment management. 2011 Journal Article http://hdl.handle.net/20.500.11937/17730 10.1057/pm.2010.31 Palgrave Macmillan Ltd. unknown
spellingShingle global financial crisis
retirement
pension products
securitization
pensions
longevity risk
Lakshman, Alles
Design considerations for retirement savings and retirement income products
title Design considerations for retirement savings and retirement income products
title_full Design considerations for retirement savings and retirement income products
title_fullStr Design considerations for retirement savings and retirement income products
title_full_unstemmed Design considerations for retirement savings and retirement income products
title_short Design considerations for retirement savings and retirement income products
title_sort design considerations for retirement savings and retirement income products
topic global financial crisis
retirement
pension products
securitization
pensions
longevity risk
url http://hdl.handle.net/20.500.11937/17730