Life Annuities and Legacy Products
Legacy products are those that are no longer sold but are costly to administer and can offer poor value to customers who may be stuck in them. I am…
Legacy products are those that are no longer sold but are costly to administer and can offer poor value to customers who may be stuck in them. I am…
David Rush examines Paul Keating's recent suggestion of a national insurance scheme to tackle the longevity problem, and puts forward a different solution - allowing for more aggressive investment, a regular premium, with-profits, and pure endowment.
John De Ravin is a member of the Institute’s Retirement Incomes Working Group and in this article he shares a suggestion made by the Convenor of that Working Group, Anthony Asher.
Anthony Asher, Associate Professor at the School of Risk and Actuarial Studies at UNSW, writes about the sort of pension product that he would like to see developed now that SIS regulations have been modified to allow development of more flexible products.