Analysis of the Longevity Assumptions of Employers' Occupational Pension Schemes

Occupational pension schemes have experienced important challenges in recent years. There is obvious increase in the expectation of life (longevity risk), and therefore an increase in the cost of the pension. Defined Benefit Pension Scheme has great impact on the cost of employers. This makes many c...

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Bibliographic Details
Main Author: Wu, Jian
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2007
Subjects:
Online Access:https://eprints.nottingham.ac.uk/21244/
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author Wu, Jian
author_facet Wu, Jian
author_sort Wu, Jian
building Nottingham Research Data Repository
collection Online Access
description Occupational pension schemes have experienced important challenges in recent years. There is obvious increase in the expectation of life (longevity risk), and therefore an increase in the cost of the pension. Defined Benefit Pension Scheme has great impact on the cost of employers. This makes many companies in UK and other countries have large deficit. Employers now have to concern about pension schemes in their reported accounts. IAS 19 requires firms to understand their assets and liabilities of their pension schemes. Before 2005, there were not many companies disclose mortality assumptions. However, from 2006, most FTSE 100 firms have done so. The dissertation is going to do an analysis of pension schemes assumption about mortality. It will analyse the assumptions that firms make about longevity. The information would be available for many schemes when firms prepare their accounts in accordance with IAS 19. The purpose of my dissertation would then be proving or disproving my hypothesis through verifiable procedures.
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institution University of Nottingham Malaysia Campus
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language English
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spelling nottingham-212442018-04-27T20:52:13Z https://eprints.nottingham.ac.uk/21244/ Analysis of the Longevity Assumptions of Employers' Occupational Pension Schemes Wu, Jian Occupational pension schemes have experienced important challenges in recent years. There is obvious increase in the expectation of life (longevity risk), and therefore an increase in the cost of the pension. Defined Benefit Pension Scheme has great impact on the cost of employers. This makes many companies in UK and other countries have large deficit. Employers now have to concern about pension schemes in their reported accounts. IAS 19 requires firms to understand their assets and liabilities of their pension schemes. Before 2005, there were not many companies disclose mortality assumptions. However, from 2006, most FTSE 100 firms have done so. The dissertation is going to do an analysis of pension schemes assumption about mortality. It will analyse the assumptions that firms make about longevity. The information would be available for many schemes when firms prepare their accounts in accordance with IAS 19. The purpose of my dissertation would then be proving or disproving my hypothesis through verifiable procedures. 2007 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/21244/1/07MAlixjw15.pdf Wu, Jian (2007) Analysis of the Longevity Assumptions of Employers' Occupational Pension Schemes. [Dissertation (University of Nottingham only)] (Unpublished) longevity expectation of life defined benefit pension scheme auditor male and female
spellingShingle longevity
expectation of life
defined benefit
pension scheme
auditor
male and female
Wu, Jian
Analysis of the Longevity Assumptions of Employers' Occupational Pension Schemes
title Analysis of the Longevity Assumptions of Employers' Occupational Pension Schemes
title_full Analysis of the Longevity Assumptions of Employers' Occupational Pension Schemes
title_fullStr Analysis of the Longevity Assumptions of Employers' Occupational Pension Schemes
title_full_unstemmed Analysis of the Longevity Assumptions of Employers' Occupational Pension Schemes
title_short Analysis of the Longevity Assumptions of Employers' Occupational Pension Schemes
title_sort analysis of the longevity assumptions of employers' occupational pension schemes
topic longevity
expectation of life
defined benefit
pension scheme
auditor
male and female
url https://eprints.nottingham.ac.uk/21244/