Document library
-
Mortality improvements by socio-economic circumstances, discussion paper
This paper was presented at a sessional research meeting at Staple Inn Hall, London, on 24 September 2012. Mortality improvements by socio-economic circumstances in England (1982 to 2006) A discussion paper BY J.L.C. LU, W. WONG, AND M. BAJEKAL ... read more >>
-
- Author:
- J-P. CHARMAILLE, M.G. CLARKE, J. HARDING, C. HILDEBRAND, I.W. MCKINLAY, S.R. RICE AND P. REYNOLDS
- Source:
- Sessional research event: Financial Management fo the PPF
Financial Management of UK Pensions Protection Fund
The UK Pension Protection Fund (PPF) was established in April 2005 to protect the pensions of members of UK private sector defined benefit pension schemes which have insufficient assets and whose corporate sponsor fails. The Fund takes over the pension ... read more >>
-
- Author:
- I Clacher, J Hatchett, M Hurd
- Source:
- Meeting defined benefit pension obligations: Measurement, risk and flight paths
Meeting defined benefit pension obligations: Measurement, risk and flight paths
Meeting defined benefit pension obligations: Measurement, risk and flight paths BY I. CLACHER, J. HATCHETT AND M. HURD Presented to The Institute and Faculty of Actuaries 16 January 2012 (Edinburgh) 30 January 2012 (London) 1 ... read more >>
-
- Author:
- T.Z. Sithole, S. Haberman, R.J. Verrall
- Source:
- Sessional Research Discussion Paper 20 June 2011
Second international comparative study of mortality tables for pension fund retirees
This paper contains an update to the study carried out by Verall et al. (2006a, 2006b). It examines the mortality assumptions used in the valuation of pension liabilities in a number of different countries. The results are considered in ... read more >>
-
- Author:
- T. Z. Sithole, R.J. Verrall, S. Haberman
- Source:
- Sessional Research Background Paper
Second International Comparative Study of Mortality Tables for Pension Fund Retirees
This study, which is an update and extension of an original study by Verall et al., CASS (2005), aims to compare, separately the current mortality and the assumed future improvements in Austrailia, Austria, Belgium, Canada, Denmark, ... read more >>
-
- Author:
- Chris O'Brien
- Source:
- Sessional Research Paper
Equity between with-profits policyholders and shareholders
This paper considers equity, or fairness, as being based on with-profits life insurers acting in accordance with their contracts. Equity between with-profits policyholders and shareholders A discussion paper By C.D. O’Brien Presented to the ... read more >>
-
- Author:
- Malcolm Kemp, Chinu Patel
- Source:
- Sessional research event - Entity-wide risk management for pension funds, 28 February 2011
Sessional research event - Entity-wide risk management for pension funds
01/03/2011 1 © 2011 Malcolm Kemp, Chinu Patel and The Actuarial Profession www.actuaries.org.uk Entity-wide Risk Management for Pension Funds Malcolm Kemp and Chinu Patel Sessional Research Meeting, London 28 February 2011 Agenda 1 © 2011 Malcolm ... read more >>
-
- Author:
- M.H.D. Kemp, C.C. Patel
- Source:
- Sessional research paper
Entity-wide risk management for pension funds
This paper explores the application of ERM-style techniques to pension funds. It uses the term 'entity wide risk management', rather than 'enterprise risk management, because many pension funds do not view themselves as business 'enterprises' as ... read more >>
-
- Author:
- C.A. Cowling, R. Frankland, R.T.G. Hails, M.H.D. Kemp, R.L. Loseby, J.B. Orr and A.D. Smith
- Source:
- Sessional research paper
Developing a framework for the use of discount rates in actuarial work
The Management Board of the UK Actuarial Profession is undertaking a thought leadership cross-practice research project on the use of discount rates by UK actuaries. The timing for this research is particularly appropriate as there is a convergence ... read more >>
-
- Author:
- Paul Sweeting
- Source:
- Institute Sessional Meeting paper 24 May 2010
What SSAP 24 can tell us about accounting quality
Statement of Standard Accounting Practice (SSAP) 24 required, for the first time, particular levels of disclosure in relation to firms’ pension arrangements. Whilst this was a major step forward, it allowed a significant degree of discretion. This ... read more >>
-
- Author:
- M A H Dempster; E A Medova
- Source:
- Sessional meeting paper
Asset liability management for individual households
Personal finance is a challenging topic which can benefit from a scientific approach to individual financial planning. This paper presents an individual asset liability management (iALM) model for life cycle planning which uses the methodology of dynamic ... read more >>
-
- Author:
- Ana Madrigal; Fiona Matthews; Deven Patel; Andrew Gaches; Steven Baxter
- Source:
- Sessional meeting paper
What longevity predictors should be allowed for when valuing pension scheme liabilities? (slides)
What longevity predictors should be allowed for when valuing pension scheme liabilities? Institute sessional meeting - September 2009 A M MADRIGAL F E MATTHEWS D D PATEL. . , . . , . . , A. T. GACHES AND S. D. BAXTER 3 Overview ? ... read more >>
-
- Author:
- S D Baxter; A T Gaches; A M Madrigal; F E Matthews; D D Patel
- Source:
- Sessional meeting paper
-
- Author:
- Ana Madrigal; Fiona Matthews; Deven Patel; Andrew Gaches; Steven Baxter
- Source:
- Sessional meeting paper
What longevity predictors should be allowed for when valuing pension scheme liabilities?
Data held within administration records of occupational pension schemes yield a rich source of information on mortality rates and the statistical predictors (covariates) of longevity. In this paper we provide, for the first time, a multivariable analysis ... read more >>
-
- Source:
- Sessional meeting paper
-
- Author:
- Matt Argent; Femi Bart-Williams
- Source:
- Our Changing Future meeting, 26 March 2008
Current topics 2008 (FASS) ; Macroeconomic Effects of the Credit Crunch for Pension Plans
Macroeconomic effects of the credit crunch for pension plans Macroeconomic Effects of the Credit Crunch for Pension Plans . 26 March 2008 Femi Bart-Williams & Matt Argent Presentation for the Joint Meeting of the Faculty of Actuaries Student Society ... read more >>
-
- Author:
- Nico Aspinall
- Source:
- Our Changing Future meeting, 26 March 2008
Current topics 2008 (FASS). Pensions (slides)
Current issues in pensions. March 2008 Nico Aspinall Current issues in pensions3 ©2008 Deloitte Total Reward and Benefits Limited. Private and confidential A year in pensions Accounting issues Mergers & Acquisitions Pension ... read more >>
-
- Source:
- Faculty sessional meeting paper, 18 February 2008 (mp3)
-
- Author:
- Brian Fleming, Gareth Derbyshire
- Source:
- Our Changing Future meeting, 29 January 2008
-
- Author:
- Christopher Nichols
- Source:
- Our changing future meeting in Scotland
Liability-driven investment
Christopher Nichols FFA Investment Director, Strategic Solutions Standard Life Investments This communication is intended for investment professionals only and must not be relied on by anyone else. 2 Liability Driven Investment • Liability Driven ... read more >>