Retirement guarantees: Are they worth it?
11 January 2017
Milliman’s actuarial and financial risk management teams carried out a unique quantitative review of retirement guarantees under an extensive set of different economic and market conditions. The teams modelled the main types of income guarantee currently offered in the UK retirement market to find out how much customers really stand to benefit from the guarantees that they are paying for. The results of the analysis were clear.
This report was commissioned by Royal London.
About the Author(s)
Marie-Lise Tassoni
Fred Vosvenieks
Retirement guarantees: Are they worth it?
Milliman’s actuarial and financial risk management teams carried out a unique quantitative review of retirement guarantees under an extensive set of different economic and market conditions.
Neil Dissanayake, Peter Lin, Marie-Lise Tassoni, Fred Vosvenieks, Russell Ward