Pensions and Risk

  • José Luis IparraguirreEmail author


This chapter presents a discussion on pensions and risks, both to savers and to the economy. Topics include the Musgrave rule and the various types of risks emanating from pension schemes: labour-market related and macroeconomic, political, investment, longevity and fertility, bankruptcy, and intergenerational risks. The chapter also describes de-risking strategies and a novel measure of retirement risk.


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© The Author(s) 2020

Authors and Affiliations

  1. 1.Age UKLondonUK

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