Annuities and Accessibility – How the Industry Can Empower Consumers to Make Rational Choices
Harrison, Byrne, and Blake 2006, Pensions Institute
45 Pages Posted: 18 Jun 2020
Date Written: March 2006
The purpose of ‘Annuities and Accessibility’ is very specific: to stimulate the debate in the defined contribution (DC) market with reference to the annuity purchase decision, which is and will remain the most common mechanism consumers use to convert a DC fund to an income stream in retirement. Our focus is mainly on mechanisms for distributing annuities to consumers and ensuring appropriate choices are made.
JEL Classification: G11
Suggested Citation: Suggested Citation