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Current Pension Actuarial Practice in Light of Financial Economics Symposium: Pensions and Capital Structure - Why Hold Equities in the Pension Fund?

Current Pension Actuarial Practice in Light of Financial Economics Symposium: Pensions and Capital Structure - Why Hold Equities in the Pension Fund? This paper considers the pension plan as ...
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Description: This paper considers the pension plan as part of the capital structure of the sponsoring employer, enabling lessons from financial theory concerning capital structure to be used to answer the questions about what assets a pension fund should hold. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.
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- Authors: Cliff Speed, Jon Palin, John Ralfe
- Date: Jun 2003
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Pensions & Retirement>Pension finance

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Current Pension Actuarial Practice in Light of Financial Economics Symposium: Pensions and Capital Structure - Why Hold Equities in the Pension Fund?