Creating an efficient annuity basket : application of international portfolio theory to life annuities.

• Main Authors: Chiu, Ya Ting., Lim, Chong Han., Liu, Guanting.
• Other Authors: Dufey, Gunter
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Equity
• Online Access: http://hdl.handle.net/10356/11510
• Institution: Nanyang Technological University

This research paper aims to introduce the use of Life Annuities as a retirement tool for the general population. Declining birth rates and lower mortality have resulted in an aging population. Planning for retirement becomes increasingly important as the likelihood of outliving one’s assets increase...