New Models for Managing Longevity Risk: Public-Private Partnerships

The coronavirus pandemic has led to an increase in longevity at older ages, and this volume explores how the private and public sectors can collaborate via public-private partnerships (PPPs) to develop new mechanisms to reduce older people's risk of outliving their assets in later life. PPPs involve shared government financing alongside private sector partner expertise, management responsibility, and accountability.

Format: Hardback
Length: 352 pages
Publication date: 04 February 2022
Publisher: Oxford University Press

Despite the devastating toll the COVID-19 pandemic has taken on the world, it is undeniable that the prevalence of longevity among older individuals is expected to persist in the medium to long term. This comprehensive volume delves into the potential for collaboration between the private and public sectors through public-private partnerships (PPPs) to devise innovative strategies aimed at mitigating the risk of older people depleting their assets in later life. As demonstrated throughout this publication, PPPs typically entail a combination of shared government financing and the expertise, management responsibilities, and accountability of private sector partners. In addition to presenting empirical evidence highlighting successful instances where PPPs have been effective, contributors offer insightful case studies, analyze survey findings, and explore a diverse range of financial and insurance products to better cater to the needs of the aging population. This volume serves as a valuable resource for researchers, plan sponsors, students, and policymakers seeking to enhance retirement plan offerings.

Weight: 624g
Dimension: 159 x 242 x 23 (mm)
ISBN-13: 9780192859808