Academics come up with replacement for annuities

Press review FT Adviser “(…) A pair of academics have come up with a new ‘retirement bond’ concept they claim will solve the looming pension crisis. (…) "We think retirement bonds would be extremely helpful in addressing the needs of investors preparing for retirement." (...) The professors are in the process of setting up a pan-European working group to explore the concept, including economics and policy experts. They are also in meetings with politicians in France, where the retirement landscape is currently undergoing reform.(...)” Copyright FT Adviser http://www.ftadviser.com/pensions/2018/06/08/academics-come-up-with-replacement… 2018