Research Library

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Nuovalo and Affiliated Research Partners

Tontines and Collective Annuities: Lessons from an International Surveys. Turner, J. A., Fullmer, R. K., and Forman, J. B. (2021 forthcoming). Working Paper.

A Sustainable, Variable Lifetime Income Solution for Chile. Fuentes, O., Fullmer, R. K., and Garcia Huitron, M. (2021 forthcoming). Working Paper.

Modern Tontines. Winter, P. and Planchet, F. (2020). Working paper.

State-sponsored Pensions for Private Sector Workers: The Case for Pooled Annuities and Tontines. Fullmer, R. K. and Forman, J. B. (2020). Wharton Pension Research Council Working Papers.

Individual Tontine Accounts. Fullmer, R. K. and Sabin, M. J. (2019). Journal of Accounting and Finance, 19(8).

Tontines: A Practitioner’s Guide to Mortality-Pooled Investments. Fullmer, R. K. (2019). Charlottesville, VA: CFA Institute Research Institute.

Tontine Bond Ladders. Fullmer, R. K. and Sabin, M. J. (April 16, 2019). SSRN.

The analytics of a single-period tontine. Sabin, M. J. and Forman, J. B. (November 9, 2016). SSRN.

Survivor funds. Forman, J. B. and Sabin, M. J. (2016). Pace Law Review, 37(1).

Tontine Pensions. Forman, J. B. and Sabin, M. J. (2015). University of Pennsylvania Law Review, 173(3):755-831.

Fair tontine annuity. Sabin, M. J. (March 26, 2010). SSRN.

Other Research

Bernhardt, T., and C. Donnelly. (2019). Modern Tontine with Bequest: Innovation in Pooled Annuity Products. Insurance: Mathematics and Economics, 86 (May): 168–88.

Chen, A., P. Hieber, and J. Klein. (2019). Tonuity: A Novel Individual-Oriented Retirement Plan. ASTIN Bulletin, 49 (1): 5–30.

Donnelly, C. (2015). Actuarial fairness and solidarity in pooled annuity funds. ASTIN Bulletin, 45(01):49–74.

Donnelly, C., Guillén, M., and Nielsen, J. P. (2013). Exchanging uncertain mortality for a cost. Insurance: Mathematics and Economics, 52(1):65–76.

Donnelly, C., Guillén, M., and Nielsen, J. P. (2014). Bringing cost transparency to the life annuity market. Insurance: Mathematics and Economics, 56:14–27.

Goldsticker, R. (2007). A Mutual Fund to Yield Annuity-Like Benefits. Financial Analysts Journal, 63(1):63–67.

Gründel, H. and Wandt, M. (July 6, 2017). The modern tontine: An innovative instrument for longevity risk management in an aging society. ICIR Working Paper Series No. 22/2016.

Hellwege, Phillip, ed. (2018). The Past, Present, and Future of Tontines. Berlin: Duncker & Humblot GmbH.

McKeever, K. (2015). A Short History of Tontines. Fordham Journal of Corporate & Financial Law, 15 (2): 491–521.

Milevsky, M. A. (2006). The Calculus of Retirement Income. Cambridge, UK: Cambridge University Press.

Milevsky, M. A. (2015). King William’s Tontine: Why the Retirement Annuity of the Future Should Resemble Its Past. Cambridge, UK: Cambridge University Press.

Milevsky, M. A. and Salisbury, T. S. (2015). Optimal Retirement Income Tontines. Insurance: Mathematics and Economics, 64:91–105.

Milevsky, M. A. and Salisbury, T. S. (2016). Equitable retirement income tontines: Mixing cohorts without discriminating. ASTIN Bulletin, 46(3):571-604.

Newfield, P. (2014). The Tontine: An Improvement on the Conventional Annuity? Journal of Retirement, 1 (3): 37–48.

Piggott, J., Valdez, E. A., and Detzel, B. (2005). The simple analytics of a pooled annuity fund. Journal of Risk and Insurance, 72(3):497–520.

Stamos, M. Z. (2008) Optimal consumption and portfolio choice for pooled annuity funds. Insurance: Mathematics and Economics, 43(1):56–68.