Private pension provision faces the challenging task of providing stable income streams during retirement. The challenge has increased markedly in the last decades due to volatile financial markets, falling interest rates and the withdrawal of employers and external insurers as risk
bearers of systematic financial and longevity risks. Partly because of these developments, policyholders desire pensions tailored to their individual needs. This paper proposes a new type of pension: the Personal Pension with Risk sharing (PPR).

 

Jaar van uitgave:

2015

Auteurs:

Lans Bovenberg
Theo Nijman

Onderzoeksproject:

De toereikendheid van pensioenen

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