HIGHLIGHTS
- who: Astin Bulletin and colleagues from the https://doiorg/101017/asb2018., Published online Cambridge University Press have published the paper: A C , P H J K. K, in the Journal: (JOURNAL)
- what: The is possibility to offer tailormade products: using risk capital charges linked to Solvency II the authors show that retirees with very low or very high risk aversion prefer tontine or conventional annuity respectively. In a first step, the authors compare conventional annuities to so-called tontines. The authors show that the attractiveness of conventional annuities is decreased if policyholders are charged for . . .
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