Document library
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Sandler Review. Revelation or revolution?
The Actuarial Profession : making financial sense of the future The 3rd Younger Members Convention 29 – 30 November 2004 Chesford Grange Hotel; Kenilworth Younger Members Convention 2004 SANDLER REVIEW REVELATION OR REVOLUTION? ... read more >>
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Individual capital assessments (ICA) - so what? (slides)
Individual Capital Assessments – so what? Mohammad Khan The 3rd Younger Members Convention 29-30 November 2004, The Chesford Grange Hotel, Kenilworth Individual Capital Assessments (ICA) What is capital? ICA quick review Is the ICA useful? Lessons ... read more >>
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Innovation in risk management
The 3rd Younger Members Convention 29-30 November 2004, The Chesford Grange Hotel, Kenilworth Innovation in Risk Management Risk is the essence of active investment management Effective risk management is essential to successful investment ... read more >>
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Effective decision making in a life company [mp3 sound file]
In the recent past life companies have made many decisions which they have had cause to regret deeply. This paper looks at the range of decision making theories available. It then examines recent examples of decisions that had unfavourable consequences ... read more >>
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Effective decision making in a life company
In the recent past life companies have made many decisions which they have had cause to regret deeply. This paper looks at the range of decision making theories available. It then examines recent examples of decisions that had unfavourable consequences ... read more >>
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CMI Working paper 9. An analysis of the preliminary results of the mortality of male pensioners of self-administered pension schemes for the period 2000 to 2002 as reported in Working paper 4
Continuous Mortality Investigation Technical Support and Research Committee of the Pensions Board Working Paper 9 An analysis of the preliminary results of the mortality of male pensioners of self-administered pension schemes for the period 2000 to ... read more >>
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Equity vs bonds: reasonable expectations for the first half of the 21st century
1 Equity vs. Bonds: Reasonable Expectations for the First Half of the 21st Century John B. Shoven Charles R. Schwab Professor of Economics Stanford University Institute of Actuaries Pension Finance and Economics Seminar London, England November 15, ... read more >>
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The Pension Protection Fund
The Pension Protection Fund Abstract We develop a stylised model of the UK Pension Protection Fund (PPF), a defined benefit pension guarantee system for the UK, based on an analogy between pension liabilities and corporate debt obligations. We show ... read more >>
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Pension funds and corporate governance
Pensions Funds and Corporate Governance Colin Mayer Saïd Business School Oxford University “Trust is good; control is better” - Lenin • Have pension funds been active? • Is shareholder activism on the increase? • Is it beneficial? • Should we ... read more >>
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Pensions, labour markets and early retirement
Pensions, Labour Markets, and Early Retirement Tryggvi Thor Herbertsson IoES, University of Iceland Motivation ? The steady withdrawal of workers from the workforce at a younger age suggests that retirement income is gradually increasing or that ... read more >>
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UK Asbestos Working Party. Zipped file of spreadsheets to accompany the paper presented to the 2004 GIRO Convention
awphighlevelmodel.xls Sheet1 High Level / Intuitive model of emergence of asbestos-related diseases Red cells are data, green cells are assumptions/parameters, blue cells are calculations Step1: produce an estimate of overall population ... read more >>
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Management of Closed Schemes: Trustee issues
1 4th Younger Members Convention The City Hall, Cardiff, 5-6 December 2005 Added Value Services in Health and Protection Richard Thomas Managing Director RED ARC Assured Ltd Developing Products Around the Customer Are sales pressures obscuring the ... read more >>
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Management of closed schemes: legal issues
Jeanette Holland (Baker & McKenzie) Management of closed schemes: legal Issues Wednesday 10 November 2004 Introduction: ?Employer and Trustee considerations ?Implementing the changes ?Administering the closed scheme ?Role of the Actuary The ... read more >>
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Managment of closed schemes: investment issues
1 IoA 01.06 (8698) LDI and Return Solutions MLIM Equity Manager Perspective IoA 01.06 (8698) LDI is coming your way and will have an impact to remember! But what is it ..? IoA 01.06 (8698) LDI at MLIM: Range of existing clients Source: MLIM, as at 31 ... read more >>
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Managment of closed schemes: investment issues
1 IoA 01.06 (8698) LDI and Return Solutions MLIM Equity Manager Perspective IoA 01.06 (8698) LDI is coming your way and will have an impact to remember! But what is it ..? IoA 01.06 (8698) LDI at MLIM: Range of existing clients Source: MLIM, as at 31 ... read more >>
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Consumer understanding of risk
This report summarises the findings of research commissioned by the profession from Professor Nick Chater, University of Warwick, into how consumers make financial choices and the extent these choices are open to manipulation by the way information is ... read more >>
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CMI Working paper 10. The mortality of impaired assured lives, 1991-2002
November 2004 Continuous Mortality Investigation Mortality Sub-Committee Working Paper 10 The Mortality of Impaired Assured Lives, 1991-2002 1 T H E M O R T A L I ... read more >>
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Acquisition and management of blocks of closed business (handout)
1 abcd 2004 Life Convention 7-9 November Acquisition and Management of blocks of closed business Steve Groves David Baxter Robin Houghton EICC Edinburgh Scotland Agenda Introduction Preparing a company for sale Maximising value Pricing, ... read more >>
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Using derivatives to manage Pillar 2 capital in life assurance companies (slides)
1 NOVEMBER 2004 FINANCIAL MARKETS Using Derivatives To Manage Pillar 2 Capital In Life Assurance Companies Paul Stanworth Stuart Morris 2 NOVEMBER 2004 FINANCIAL MARKETS Agenda Banking risk models and their similarities with Pillar 2 risk models ... read more >>