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Bells and Whistles or Time Bombs: The Costs of Long-Term Guarantees
particularly under deferred annuities. This dynamic is worse if the annuity contract is past the withdrawal ... group side has already done that, creating a fully dynamic mortality table that is used for group annuities ...- Authors: Max Rudolph, Zenaida Samaniego
- Date: May 1999
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Investment strategy - Annuities; Finance & Investments