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Managing Retirement Assets Symposium: The Simple Analytics of a Pooled Annuity Fund
the risks of longevity through "pooling" is the primary focus of this paper. The six different cohorts ... which clearly approximates equation (9). The primary difference between formulas (9) and (21) above ...- Authors: Emiliano Valdez, John Piggott, Bettina Detzel
- Date: Apr 2004
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Annuities>Group plans - Annuities; Demography>Longevity; Pensions & Retirement; Pensions & Retirement>Retirement risks