A new contractual scheme is proposed within the context of personal pension products. The basic idea is the conversion of the real estate rights (RERs) into a pension annuity in the perspective of an individual pension strategy. The contractual structure is particularly interesting in an economic context of financial crisis and progressive ageing of a population often characterized by scarcity of financial means and at the same time by the possession of the house in which one lives. The contract we propose is described, with particular attention to the financial risk impacting on the insurer’s contract management. Some applications close the paper.
Pension annuities and real estate: a contractual solution / D'Amato, V.; Di Lorenzo, E.; Haberman, S.; Sibillo, M.; Tizzano, R.. - (2019). (Intervento presentato al convegno 43rd Annual Meeting of the Italian Association for Mathematics Applied to Economic and Social Sciences (AMASES) tenutosi a Perugia, Italy nel September 9-11, 2019).
Pension annuities and real estate: a contractual solution
E. Di Lorenzo;R. Tizzano
2019
Abstract
A new contractual scheme is proposed within the context of personal pension products. The basic idea is the conversion of the real estate rights (RERs) into a pension annuity in the perspective of an individual pension strategy. The contractual structure is particularly interesting in an economic context of financial crisis and progressive ageing of a population often characterized by scarcity of financial means and at the same time by the possession of the house in which one lives. The contract we propose is described, with particular attention to the financial risk impacting on the insurer’s contract management. Some applications close the paper.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
