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Annuity Markets$
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Edmund Cannon and Ian Tonks

Print publication date: 2008

Print ISBN-13: 9780199216994

Published to Oxford Scholarship Online: January 2009

DOI: 10.1093/acprof:oso/9780199216994.001.0001

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Description of annuity markets

Description of annuity markets

(p.19) 2 Description of annuity markets
Annuity Markets

Edmund Cannon (Contributor Webpage)

Ian Tonks (Contributor Webpage)

Oxford University Press

This chapter outlines the different types of annuity product that are available: guaranteed, joint-life, escalating, inflation-protected, impaired-life, variable, and investment-linked. It provides illustrative examples documenting annuity prices quoted by annuity providers and the movement in annuity prices over time in both the compulsory (Compulsory Purchase Annuities) market and the voluntary (Purchased Life Annuities) market.

Keywords:   compulsory purchase annuities, purchased life annuities, guaranteed annuities, variable annuities, impaired-life annuities

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