The Geneva Papers on Risk and Insurance (2004) 29, 115–127. doi:10.1111/j.1468-0440.2004.00276.x
The Economics of Annuities
1Head of Research, Association of British Insurers
*I should like to thank Julie Stark in the ABI Pensions Team, and Gary Stears and Alex Roy of the ABI Research Department for their insights and comments on earlier drafts of this paper.
