Abstract
The Danish and the Dutch pension systems are often referred to as "among the best in the world". We compare pension systems and pension products in Denmark and The Netherlands. We focus on the shifts that have taken place in both countries, from pension products with relatively low levels of risk for the participant to pension products with more risk but also higher expected return. We end by drawing lessons that are relevant for discussions in many countries.
Original language | English |
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Journal | Annals of Actuarial Science |
Volume | 14 |
Issue number | 2 |
Pages (from-to) | 338-357 |
Number of pages | 20 |
ISSN | 1748-4995 |
DOIs | |
Publication status | Published - Sept 2020 |
Bibliographical note
Published online: 14. May 2020Keywords
- Guarantees
- Non-guarantees
- Variable annuities