Moshe Milevsky Discusses Tontines for the 21st Century

Moshe Milevsky is an Associate Professor in Finance at the Schulich School of Business at York University, and he is one of the world’s leading authorities on retirement income.  Professor Milevsky recently published and presented an...

Mark Warshawsky on the Retirement Income Market

Mark J. Warshawsky is Director of Retirement Research at Towers Watson.

Dr. Warshawsky served as assistant secretary for economic policy at the U.S. Treasury Department from 2004-2006 and he has held senior level economic research positions at the Federal Reserve Board, the Internal Revenue Service and...

Which Countries are Prepared to Address the Challenge of Global Aging?

The Center for Strategic and International Studies (CSIS) is a Washington DC based public policy organization. Among the many programs sponsored by CSIS is the Global Aging Initiative—a program focused on “exploring the long-term economic, social and geopolitical implications of demographic trends." The CSIS Global Aging Initiative is a rich source of demographic content. One of the more interesting pieces of content is what is referred to as the Global Aging Preparedness Index ...

Challenger Annuity Sales Double

Australia's largest annuity company, Challenger, reported record sales for the most recent quarter and increased its full year sales target by 28.5 percent. Challenger increased its forward-looking annual sales target from $1.4 billion to $1.8 billion. The company attributes part of the sales upsurge to a $5 million advertising campaign that was launchded this past February. The ad campaign focused on retail annuity sales. According to an article in The Australian: "Challenger expects life...

Foreign Markets

Some interesting--although high-level--commentary on the development of longevity markets and products in countries outside of the United States, with a particular focus on Asia. 

The commentary is from an insurance / risk management perspective.