2017 ARC Webinar Series: Minimising Longevity and Investment Risk while optimising Future Pension Plans
Wednesday 14 June 2017
Through its Actuarial Research Centre (ARC), the IFoA is sponsoring a research programme that seeks to develop pension product designs that keep the customers’ needs at the forefront, with a real income in retirement while minimising costs for the customer. Hear from one of the Principal Investigators of this research programme, Professor Jens Perch Nielsen (Cass Business School).
This webinar is part of a series to showcase three large research programmes currently running through the ARC, which seeks to address some of the significant challenges in actuarial science.
You will learn about the objectives of this research programme and some of the early developments since its commencement in autumn 2016.
The “Minimising Longevity and Investment Risk while optimising Future Pension Plans” research programme has the following aims:
- share risks between customers;
- determine the trade-off between the performance and stability of pension income;
- study how to incorporate and manage illiquid assets that can be used to hedge inflation;
- establish a framework to analyse the trade-off between the performance and stability of pension income in the proposed products;
- determine dynamic econometric models that are suitable for our long-term products; and
- determine how the dynamic econometric models can be used to optimally time to buy and sell assets.
Further details on this research programme can be found here.