Tontines and similar mortality-pooled investment arrangements offer a useful and unique value proposition to the global retirement challenge. A tontine is a financial arrangement in which members…
In this paper I extend the work of Bernhardt and Donnelly (2019) dealing with modernexplicit tontines, as a way of providing income under a specified bequest motive, from a defined contribution…
KPMG’s Pensions Accounting Survey 2019 looks at trends in bestestimate assumptions based on 212 of KPMG’s clients with UK Defined Benefit (DB) pension schemes reporting under IFRS, UK GAAP or US GAAP…
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