Document library
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- Author:
- Technical Support and Research Committee
Estimating the cost of securing benefits with insurance companies
This paper is addressed to the Pensions Board and considers the assumptions used for GN9 solvency valuations. The paper considers at a high level the approach taken by life offices for pricing bulk annuity contracts and comments on whether the existing GN9 ... read more >>
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- Author:
- Pensions Board; Sponsor Covenant Working Party
Allowing for the sponsor covenant in actuarial advice
This report is concerned with actuarial advice in relation to defined benefit pension schemes and covers the following: Section 2 summarises the WP’s recommendations. Section 3 discusses the nature of the sponsor covenant. Section 4 considers the issues ... read more >>
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- Author:
- Herbert Smith
GN16: Retirement benefit schemes - transfers without consent. Opinion
Opinion from Counsel on a number of issues relating to the certification process set out in GN16. Actuaries with GN16 certificates to sign are strongly recommended to read the Opinion to ensure that they have considered the issues that it discusses when ... read more >>
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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 >>