The Management of decumulation risks in a defined contribution pension plan

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      <subfield code="a">The aim of this study is to lay the theoretical foundations for the construction of a flexible tool that can be used by pensioners fo find optimal investment and consumption choices in the distribution phase of a defined contribution pension plan. The investment-consumption plan is adopted until the time of compulsory annuitization, taking into account the possibility of earlier death. The effect of the bequest motive and the desire to buy a higher annuity than the one purchasable at retirement are included in the objective function</subfield>
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      <subfield code="g">Vol. 10, nº 1, January 2006 ; p. 84-110</subfield>
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