Annuity Markets in Japan
Loading...
Related Collections
Degree type
Discipline
Subject
Economics
Funder
Grant number
License
Copyright date
Distributor
Author
Contributor
Abstract
In Japan, annuities are not currently very popular as a means to finance retirement, since many people rely on government social security benefits in old age. When annuities are sold, they tend not to be life payouts but rather term-certain products. In this sense, the annuity puzzle also applies to Japan. We discuss possible reasons for the unpopularity of annuity products, including costs and inequitable taxation that hinders people from buying them.
Advisor
Date Range for Data Collection (Start Date)
Date Range for Data Collection (End Date)
Digital Object Identifier
Series name and number
Publication date
2010-09-01
Volume number
Issue number
Publisher
Publisher DOI
Comments
The published version of this Working Paper may be found in the 2011 publication: Securing Lifelong Retirement Income (http://pensionresearchcouncil.wharton.upenn.edu/publications/books/securing-lifelong-retirement-income/)