Improving Security and Flexibility in Retirement

101 Pages Posted: 18 Jun 2020

See all articles by David P. Blake

David P. Blake

City, University of London

Robert Hudson

Hull University Business School (HUBS)

Date Written: March 1, 2000

Abstract

This Report aims to identify ways in which the current compulsion to take annuities by age 75 might be amended. It examines the current provision of retirement income for members of defined contribution pension (DC) plans who are obliged to purchase such annuities, regardless of personal circumstances. It also looks at the shortcomings of existing annuities.

JEL Classification: G22

Suggested Citation

Blake, David P. and Hudson, Robert, Improving Security and Flexibility in Retirement (March 1, 2000). Available at SSRN: https://ssrn.com/abstract=3610373 or http://dx.doi.org/10.2139/ssrn.3610373

David P. Blake (Contact Author)

City, University of London ( email )

106 Bunhill Row
London, EC1Y 8TZX
Great Britain
+44 (0) 20-7040-8600 (Phone)
+44 (0) 20-7040-8881 (Fax)

HOME PAGE: http://www.pensions-institute.org/

Robert Hudson

Hull University Business School (HUBS) ( email )

Hull, HU6 7RX
United Kingdom

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