Tontines garnering a new wave of interest

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