Results 11 to 20 of about 7,961 (189)
Can “compulsory” annuities provide a fair pension? [PDF]
This discussion paper finds that since 2002 compulsory annuities no longer provide an actuarially fair pension. Hence annuities are a poor investment giving returns of less than 85% in present value terms.
FitzGerald, EMN
core +7 more sources
Closed-form expressions to Gompertz-Makeham life expectancies: a historical note [PDF]
Results well known in the actuarial community about closed-form expressions to Gompertz and Gompertz-Makeham life expectancies for a person aged x are still being independently rediscovered to this day.
Filipe Costa de Souza
doaj +1 more source
Life Insurance and Annuity Demand under Hyperbolic Discounting
In this paper, we analyse and construct a lifetime utility maximisation model with hyperbolic discounting. Within the model, a number of assumptions are made: complete markets, actuarially fair life insurance/annuity is available, and investors have time-
Siqi Tang, Sachi Purcal, Jinhui Zhang
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Upper and lower bounds for annuities and life insurance from incomplete mortality data
This study aimed to set upper and lower bounds for the expected present value of whole life annuities and whole life insurance policies from incomplete mortality data, generalizing previous results on life expectancy.
Filipe Costa de Souza
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Using annuities in different financial scenarios
This article is devoted to a comprehensive study of annuities as key financial instruments that go beyond traditional calculations and their growing role in effective financial planning.
E. M. Ovchinnikova, V. A. Likhacheva
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Mathematics-for-teaching: Insights from the case of annuities
Shulman’s notations of subject matter knowledge (SMK) and pedagogical content knowledge (PCK) have been very influential in education research on teachers’ knowledge for teaching.
Craig Pournara
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Assessing Investment and Longevity Risks within Immediate Annuities [PDF]
Life annuities provide a guaranteed income for the remainder of the recipient’s lifetime, and therefore, annuitization presents an important option when choosing an adequate investment strategy for the retirement ages.
Weber, Frederik, Bauer, Daniel
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Projecting Mortality Rates to Extreme Old Age with the CBDX Model
We introduce a simple extension to the CBDX model to project cohort mortality rates to extreme old age. The proposed approach fits a polynomial to a sample of age effects, uses the fitted polynomial to project the age effects to ages beyond the sample ...
Kevin Dowd, David Blake
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Valuation of large variable annuity portfolios: Monte Carlo simulation and synthetic datasets
Metamodeling techniques have recently been proposed to address the computational issues related to the valuation of large portfolios of variable annuity contracts.
Gan Guojun, Valdez Emiliano A.
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ABSTRACT Research on sustainable leadership recognizes the importance of leaders' values but says less about how these values gain organizational awareness. Drawing on the attention‐based view of the firm, this study examines how strategic leaders translate ethical values into organizational attention and under what conditions this process supports ...
Sophie Bollinger +2 more
wiley +1 more source

