Annuity Markets - Cannon, Edmund (, Senior Lecturer in Economics, University of Bristol) a Tonks, Ian (, Professor of Finance, University of Exeter)

The Pension Crisis concerns the changing demographic profile of the economy: an increasing number of elderly persons supported by fewer young people. Understanding and tackling this impending crisis is a key task for public policy. An annuity protects an individual from outliving their savings, and is central to pensions policy: this book explores the issues surrounding annuities.