Many countries are seeing a shift away from defined benefit pension schemes to schemes where the contribution is fixed but the benefit is not (defined contribution). This research project focuses on possible adjustments to the financial planning of pension beneficiaries during their lifetime that are aimed at ensuring pensioners can continue to properly provide for themselves. After all, optimisation of investment and consumption patterns will depend on the increasing life expectancy and the associated uncertainty.
To read more about our published research, please visit the Discussion Papers and Journals sections of our website.
