Document library
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- Author:
- A C L Dyson; J Exley
- Source:
- British Actuarial Journal [BAJ] (1995) 1(3): 471-557
Pension fund asset valuation and investment
The theoretical basis for, and practical application of, the discounted income method for valuing UK pension fund assets is discussed, with particular reference to the widely adopted application to variable income (equity type) assets, as proposed by ... read more >>
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- Author:
- Investment Strategy Working Party; Tony Spiers (Chair)
- Source:
- Life Convention 2004
Paper on With-profits investment strategy
INVESTMENT STRATEGY WORKING PARTY - PAPER ON WITH-PROFITS INVESTMENT STRATEGY Life Convention 2004 AUTHORS & ACKNOWLEDGEMENTS This paper has been produced by a working party of the Institute of Actuaries. The members of the working party ... read more >>
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- Author:
- Nigel Knowles; Avijit Chatterjee
- Source:
- Life Convention 2004
Pragmatic modelling of realistic balance sheets and ICA (handout)
1 abcd 2004 Life Convention 7-9 November Pragmatic modelling of realistic balance sheets and ICA Nigel Knowles (CSFB Europe) Avijit Chatterjee (Standard Life) EICC Edinburgh Scotland Agenda Realistic balance sheet issues Revision Does asset ... read more >>
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- Author:
- Kathy Byrne
- Source:
- Life Convention 2004
The impact of risk perceptions on consumer evaluation of financial products (slides)
Session B02 The impact of risk perceptions on consumer evaluation of financial products Kathy Byrne 8th November 2004 Roadmap What is Risk? Why is this Important? The Research Results Practical Implications Conclusions and Recommendations Why ... read more >>
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- Author:
- John Cummings; Matthew Ford
- Source:
- Life Convention 2004
Realistic balance sheets - how do you know they are right? (handout)
11/11/2004 1 Life Convention 2004 Page 1 Other nice picturesRealistic balance sheets - how do you know they are right? john.j.cummings@uk.pwc.com matthew.ford@prudential.co.uk Life Convention 2004 Page 2 Have you ever found an error in your numbers? Are ... read more >>
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- Author:
- Peter Needleman; Mike Kipling
- Source:
- Life Convention 2004
Bonus and investment policy in a closed with-profit fund (handout)
1 S:\06 Professional Bodies\Institute of Actuaries\Seminars-Conferences\Life Convention 2004\PN-MK - Bonus and Investment Policy-Closed Funds.ppt © 2004 Towers Perrin abcd Bonus & Investment Policy in a Closed With-Profit Fund 9 November 2004 Peter ... read more >>
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- Author:
- John Lister
- Source:
- Life Convention 2004
With profits actuary - a necessary role? (handout)
1 WITH PROFITS ACTUARY A Necessary Role? John Lister 9th November, 2004 With Profit Actuary - a necessary role? Agenda ? PS167 Requirements ? How can the responsibilities be fulfilled? ? Separate WPA role ? Combined role with AFH ? Independent of ... read more >>
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- Author:
- Craig Turnbull
- Source:
- Life Convention 2004
Capital management and market-consistent valuation tools (handout)
1 1 Capital Management and Market-Consistent Valuation Tools Craig Turnbull 2 Agenda • Introduction • Using market-consistent valuation models and risk-based capital measures to manage: – Assets backing asset shares • Managing market-consistent ... read more >>
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- Author:
- John Charles; Tony Hartington
- Source:
- General Insurance Convention 2004
Wall Street Banks - Reserving Issues [slides]
John Charles - Tillinghast Tony Hartington - QBE Re Wall Street Banks - Reserving Issues © Institute of Actuaries. This must not be reproduced without our permission. The contents of this presentation should not be regarded as giving any advice or ... read more >>
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- Author:
- Stefan Weiser
- Source:
- Younger Members' Convention 2004
Diversifying with commodities (Slides)
Diversifying with Commodities The Revenge of the Old Economy Goldman Sachs International October 2004 Stefan Weiser, CFA stefan.weiser@gs.com +44 20 7774 6232 Commodities: A Separate Asset Class Goldman Sachs recommends an investment in a broadly ... read more >>
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FTSE indices
A note on the Profession's involvement with stock market indices, including the FTSE Actuaries Indices, the FTSE All-World Index Series and the Stock Exchange Classification by Industry. STOCK MARKET INDICES A Committee was appointed in 1929 by the ... read more >>
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- Author:
- Shane Whelan
- Source:
- Joint UK Actuarial Profession/UKSIP/INQUIRE Seminar 27 July 2004
Measuring investment risk in defined benefit pension funds
An earlier version of this paper, treating in detail investment risk as it applied to Irish pension funds, was prepared to accompany and support the report of the working party of the Society of Actuaries in Ireland, <i>Report on investment ... read more >>
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- Author:
- David Bowie
- Source:
- Pensions Convention 2004
Investment strategies for closed defined benefit (DB) schemes (handout)
1 Investment Strategies for Closed DB Schemes David Bowie June 2004 Agenda ? The End Game ? Impact of asset allocation ? Financial engineering ? Dynamic strategies End game: headline considerations ? Funding plan ? Member security ? Trustees’ ... read more >>
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- Author:
- Huw Williams
- Source:
- Pensions Convention 2004
Liability driven investment and the role of swaps (handout)
1 Liability Driven Investment and the role of Swaps 2004 Pensions Convention Huw Williams The Royal Bank of Scotland 8th June 2004 Liability Driven Investment and the role of Swaps ? Section One – Factors Influencing Asset Allocation ? Background ? ... read more >>
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- Author:
- Roger Key
- Source:
- Pensions Convention 2004
Cash equivalent transfers. The story continues (handout)
1 The 2004 Pensions Convention 7-8 June 2004, Sheraton Skyline Hotel, Heathrow Cash Equivalent Transfer Values The story continues Roger Key Cash Equivalent Transfer Values ? Where are we now? ? Where should we be going? 2 Where are we now? ? GN11 ? ... read more >>
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- Author:
- Matt Gibson
- Source:
- Pensions Convention 2004
Setting briefs for investment managers (Handout)
1 [DocID]Hewitt Bacon & Woodrow To protect the confidential and proprietary information included in this material, it may not be disclosed or provided to any third parties without the approval of your organisation and Hewitt Bacon & Woodrow ... read more >>
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- Author:
- Richard Murphy; Aaron Punwani
- Source:
- Pensions Convention 2004
Should pension funds invest in equities? (handout)
1 Should pension funds invest in equities? Richard Murphy Aaron Punwani 8th June 2004 Background ? The world has changed ? It’s about to change more ? Financial Economics arguments have taught us a lot ? How do we advise clients in practice? Strong ... read more >>
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- Author:
- Bruce Porteous
- Source:
- Mortgage Lending Strategy Summit 2004
Practical and business implications of Basel 2 for UK mortgage lenders
Slides which accompanied a presentation on Basel II given by Bruce Porteous to the Mortgage Lending Strategy Summit on 29 April 2004 Practical and Business Implications of Basel 2 for UK Mortgage Lenders. Bruce T Porteous 29 April 2004 Important, but ... read more >>
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- Author:
- J J Caslin
- Source:
- Sessional meeting paper
Hedge funds
The paper opens by showing how certain types of hedge funds can reduce the risk and increase the return on a traditional balanced managed fund. An outline of the characteristics and risks of three types of hedge funds namely, long-short equity, convertible ... read more >>
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- Author:
- J J Caslin
- Source:
- British Actuarial Journal [BAJ] (2004) 10: 441-541
Hedge funds
HEDGE FUNDS By J. J. Caslin [Presented to the Faculty of Actuaries, 16 February 2004] abstract The paper opens by showing how certain types of hedge funds can reduce the risk and increase the return on a traditional ... read more >>