In the wake of the global COVID-19 pandemic, retirees, along with those hoping to retire someday, have been shocked into a new awareness of the need for better risk management tools to handle longevity and ageing. This paper by Wharton’s Olivia Mitchell, offers an assessment of the status quo prior to the spread of the coronavirus; evaluates how retirement systems are faring in the wake of the shock; examines insurance and financial market products that may render retirement systems more resilient for the world’s ageing population; and looks at the potential role for policymakers.
Read the paper here – Building Better Retirement Systems in the Wake of the Global Pandemic
