Annuitisation : retirement income that lasts a lifetime

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<titleInfo>
<title>Annuitisation</title>
<subTitle> : retirement income that lasts a lifetime</subTitle>
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<name type="personal" usage="primary" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20160015294">
<namePart>Klein, Ronald</namePart>
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<issuance>monographic</issuance>
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<publisher>The Geneva Association</publisher>
<dateIssued>2018</dateIssued>
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<abstract displayLabel="Summary">This paper presents a case study of Pillar II occupational pension plans in three countries-the U.S., the U.K. and Switzerland. Of these three countries, Switzerland clearly has the best system with automatic enrolment into occupational pension plans, automatic escalation of contributions as the employee grows older, and automatic annuitisation. The employee may have the ability to opt out under certain conditions, but behavioural economists teach us that opt-out plans are much more effective than opt-in plans, and Switzerland obviously took this into account when designing its regulations for Pillar II benefits</abstract>
<note type="statement of responsibility">Ronald Klein</note>
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<topic>Planes de pensiones</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080554927">
<topic>Jubilación</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080564254">
<topic>Solvencia II</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080586294">
<topic>Mercado de seguros</topic>
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<topic>Fiscalidad del seguro</topic>
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<geographic>Estados Unidos</geographic>
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<geographic>Reino Unido</geographic>
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<geographic>Suiza</geographic>
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