Eksempler på annuity

• A more appropriate interpretation is that the annuity swap represents a market certainty equivalent to the option.

• Annuity remains constant if the interest rate changes.

• In particular, new types of risks affect the management of pension annuities.

• This might explain why some retirees with relatively small accumulations have nonetheless purchased annuities.

• This book provides a useful gateway into the actuarial and economics literature on annuity products, and helps set the agenda for future collaboration.

• Furthermore, he evaluates products which enhance the liquidity or accessibility of funds placed into a variable annuity.

• These annuities provide insurance against retirees and their spouses outliving their retirement savings.

• The price-indexed annuity requirement implies that the same real payout is guaranteed for life.

• Without such annuities, a woman's standard of living would drop precipitously after her husbands' death - even if the woman had a pension of her own.

• As there is movement towards more ' fair value ' accounting of insurance liabilities, this article suggests there will be potential effects on private pension annuities markets.

• Combined with the assumed absence of risky assets in the life annuity, a consequence is that consumption after annuitization is level.

• Our income measure consists of two components that are added together: annual disposable income and the annuity of net wealth.

• It rounds off with considerations of issues surrounding government guarantees of insurance company solvency, and the taxation of income from annuities.

• After retirement, the risk-less annuity crowds out all bond holdings.

• The first term between parentheses in the numerator is the expected present value of future annuity payments.