Title Are tontines the solution to the decumulation conundrum? Degree of recognition International Media name/outlet Mallowstreet Media type Web Duration/Length/Size 8 minute read Country/Territory United Kingdom Date 3/09/20 Description Tontines, an ancient form of mutual longevity insurance, could be making a comeback as the number of supporters is growing. Are tontines the answer to the pension world’s prayers or simply outdated?
Defined contribution is still a great experiment; while the accumulation phase of DC has now been dealt with at a basic level through auto-enrolment, decumulation still offers no solution that meets what members keep saying they want – a stable income at an affordable price. Could tontines be the answer to DC members’ problems?
Producer/Author Sandra Wolf URL https://www.mallowstreet.com/Article/b53297 Persons Catherine Donnelly