Link: https://www.pionline.com/retirement-plans/tontines-garnering-new-wave-interest
Excerpt:
Strategies could help answer growing concerns about how to solve rising longevity risks
Dean McClelland said the OECD’s mention of tontines is a sign of growing acceptance.
Live longer could become the new retirement advice in coming years amid growing interest in tontines — investment pools where participants share longevity risks by distributing the assets of those who die as “mortality credits” to surviving participants.
Author(s): DOUGLAS APPELL
Publication Date: 25 January 2021
Publication Site: Pensions & Investments