PRESENTATION: New life and pension products without guarantees
In Holland and other European countries there is a move away from guaranteed products
In the UK this trend started earlier but continues, e.g. the shift away from annuities toward equity-release mortgages
- How are these products designed and what are the capital implications?
- Do they meet the needs of customers and what risks do they bring?
Alan J Rae, Corporate Finance, Achmea