[BOOK][B] King William's tontine: Why the retirement annuity of the future should resemble its past
MA Milevsky - 2015 - books.google.com
In a time before bonds, treasury notes, or central banks, there were tontines. These were
schemes in which a group of investors lent money to a government, corporation, or king …
schemes in which a group of investors lent money to a government, corporation, or king …
Tontine pensions
JB Forman, MJ Sabin - U. Pa. L. Rev., 2014 - HeinOnline
Tontines are investment vehicles that can be used to provide retirement income. A tontine is
a financial product that combines the features of an annuity and a lottery. 1 In a simple …
a financial product that combines the features of an annuity and a lottery. 1 In a simple …
Mortality credits within large survivor funds
M Denuit, P Hieber, CY Robert - ASTIN Bulletin: The Journal of the …, 2022 - cambridge.org
Survivor funds are financial arrangements where participants agree to share the proceeds of
a collective investment pool in a predescribed way depending on their survival. This offers …
a collective investment pool in a predescribed way depending on their survival. This offers …
Selection and redistribution in the irish tontines of 1773, 1775, and 1777
Y Li, C Rothschild - Journal of Risk and Insurance, 2020 - Wiley Online Library
We construct and analyze a new data set on the mortality experience of the nominees of the
1773, 1775, and 1777 Irish tontines. The active participation of Genevan speculators in …
1773, 1775, and 1777 Irish tontines. The active participation of Genevan speculators in …
[PDF][PDF] State-sponsored Pensions for Private-Sector Workers
RK Fullmer, JB Forman - New Models for Managing Longevity …, 2022 - library.oapen.org
This chapter explains how state governments could create new low-cost lifetime assurance
funds to help provide retirement income security for millions of private-sector workers who …
funds to help provide retirement income security for millions of private-sector workers who …
The Riccati Tontine: How to Satisfy Regulators on Average
MA Milevsky, TS Salisbury - arXiv preprint arXiv:2402.14555, 2024 - arxiv.org
This paper presents a new type of modern accumulation-based tontine, called the Riccati
tontine, named after two Italians: mathematician Jacobo Riccati (b. 1676, d. 1754) and …
tontine, named after two Italians: mathematician Jacobo Riccati (b. 1676, d. 1754) and …
Supporting the Oldest Old: The Role of Social Insurance, Pensions, and Financial Products
JB Forman - Elder LJ, 2013 - HeinOnline
Longevity risk, or the risk of outliving one's retirement savings, is probably the greatest
problem facing current and future retirees in the United States. As life expectancy increases …
problem facing current and future retirees in the United States. As life expectancy increases …
[PDF][PDF] Endowment contingency funds for mutual aid and public financing
M Denuit, CY Robert - 2023 - dial.uclouvain.be
This paper explores a new risk-sharing vehicle, called endowment contingency fund. It
targets groups of individuals exposed to the occurrence of a predefined event with adverse …
targets groups of individuals exposed to the occurrence of a predefined event with adverse …
Robo Tontines
RK Fullmer, JA Turner - The Journal of Retirement, 2022 - pm-research.com
Robo advisors provide financial advice and manage investment portfolios, using online
software. However, they often do not give advice concerning the decumulation phase of …
software. However, they often do not give advice concerning the decumulation phase of …
Cryptocurrencies as Pension Fund Components: Smart Move or Drinking the Kool-Aid?
M Soland, P Schueffel - The Journal of FinTech, 2021 - World Scientific
This study investigates whether cryptocurrencies can be considered a viable addition to
pension funds. Using the regulatory setting of Switzerland, it is assessed whether adding …
pension funds. Using the regulatory setting of Switzerland, it is assessed whether adding …