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Publications scientifiques

An analysis of the level of security provided by the minimum funding requirementIn this paper we investigate the effectiveness of the Minimum Funding Requirement (MFR) (pre-1999 version) under random future investment conditions....
général - core.ac.uk - PDF: citeseerx.ist.psu.edu
Ias 37 provisions, contingent liabilities and contingent assets background... Questions have arisen about when refunds or reductions in future contributions should be regarded as available, particularly when a minimum funding requirement exists....
général - core.ac.uk - PDF: citeseerx.ist.psu.edu
637 asset strategy for defined benefit pension schemes... The second part of this paper asks and answers questions such as: 0 What factors influence optimal investment strategy? 0 How do shareholder and trustee viewpoints differ? 0 Do the minimum funding requirement (“MFR”) rules reduce the attractiveness of equity investment? In the third part of this paper, a mathematical model is presented to determine optimal...
général - core.ac.uk - PDF: citeseerx.ist.psu.edu
How is asset allocation influenced by the valuation of liabilities?... There are three different valuation bases for liabilities currently in use: a statutory basis (specified in the 1986 Finance Act), an actuarial basis (the Minimum Funding Requirement, specified in the 1995 Pensions Act) and an accounting basis (specified in Financial Reporting Standard 17)....
général - core.ac.uk - PDF: citeseerx.ist.psu.edu
Joined‐up pensions policy in the uk: an asset‐liability model for simultaneously determining the asset allocation and contribution rate*... Finally, using the result that the funding ratio follows an inverted gamma distribution, shortfall risk and expected tail loss are computed for funding below the minimum funding requirement, and funding above the taxation limit....
général - core.ac.uk - PDF: core.ac.uk

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