This chapter summarizes the conclusions on annuity pricing. While annuity products continue to be an important component of a number of pensions systems, there are a number of public policy questions relating to both the supply and demand side of annuities. These include more sophisticated mortality projections, annuity products that appeal to particular clienteles, the bulk buy-out market, and the demand for long-term care. The chapter ends by suggesting possible explanations for the recent slight decline in the money's worth numbers.
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