Unintended consequences of minimum annuity laws: An experimental study
Abstract
The need to ensure that people have adequate savings for retirement has prompted debate among regulators and academics. Certain countries have implemented or are considering implementing mandatory minimum annuity laws (e.g., Singapore and Israel), whereas others have repealed or are considering repealing such legislation (e.g., the U.K.). We investigate the introduction as well as the repeal of a regulatory change—specifically, a mandatory...
Paper Details
Title
Unintended consequences of minimum annuity laws: An experimental study
Published Date
Jan 1, 2020
Volume
169
Pages
208 - 222
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