Managing longevity risk: Do not go gentle into that good night

By Lim Kim-Hwa

March 2015 UTTER ECONOMICS
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Last month, we talked about what longevity – or the risk of actual life span exceeding expectations – means to the economy. Now, we tackle how to manage it.Individuals and governments should look harder into managing longevity risk; it is a related but different problem to ageing as it pertains to the risk that actual life spans will exceed expectations for individuals or whole populations. Regardless of the techniques used, longevity risk has consistently been underestimated, leading to potentially serious...

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Lim Kim-Hwa

is Chief Executive Officer of Penang Institute

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