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Annuity choices and income drawdown: evidence from the decumulation phase of defined contribution pensions in England
We provide new empirical evidence on the importance of defined contribution pension wealth in England, and the nature of annuitization decisions taken by older adults who retire with such sources of wealth. Other things equal, financial literacy, and numeracy in particular, are important factors gov...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Cambridge University Press
2015
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4610071/ https://www.ncbi.nlm.nih.gov/pubmed/26500451 http://dx.doi.org/10.1017/S1474747215000256 |