A collaborative effort of actuaries in three countries has resulted in a paper that examines longevity risk and its repercussions for individuals and for policymakers.
The American Academy of Actuaries, the Actuaries Institute Australia, and the Institute and Faculty of Actuaries (IFoA) in the United Kingdom worked together to write "The Challenge of Longevity Risk: Making Retirement Income Last a Lifetime," which examines longevity risk under the retirement systems in all three countries.
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