NO.PZ2023010410000026
问题如下：
There are the following statements about annuity, which supports Johnson’s reduction of annuity.
选项：
A.Statement 1：Johnson has greater risk aversion
Statement 2：Johnson greater preference for lifetime income
Statement 3：Johnson has a lower-than-average life expectancy
解释：
C is correct: One
of the benefits of annuities is that people whose life expectancy exceeds their
average life expectancy can get continuous cash flow to ensure their lives. If
people whose life expectancy is lower than the average life expectancy, it may
result in the annuity getting less than the cost.
The following
factors would generally suggest increased demand for an annuity:
•
Longer-than-average life expectancy
•
Greater preference for lifetime
income
•
Less concern for leaving
money to heirs
•
More conservative investing preferences (i.e., greater risk
aversion)
•
Lower guaranteed income from other sources (such as
pensions)
The broad international shift
away from defined benefit plans and toward defined contribution
plans has increased the demand for annuities.
老师好，如果考试遇见这道题，怎么判断是reduction of need of annuity还是reduction of amount of annuity
