Investment policy for defined-contribution pension scheme members close to retirement: An analysis of the “lifestyle” concept

North American Actuarial Journal

Volumn 4, Issue 2, 2000, Pages 1-19

  Booth, Philip ^a   Yakoubov, Yakoub ^b  

^a CITY UNIVERSITY   (United Kingdom)

^b Aon Consulting   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 85011227510     PISSN: 10920277     EISSN: None     Source Type: Journal    
DOI: 10.1080/10920277.2000.10595892     Document Type: Article

References (12)

1. Bank Of England. 1997. Bank of Enǵland Statistical Abstract Part One. London: Bank of Enǵland.
2. Blake, D., and Orszag, J.M. 1997. Towards a Universal Funded Second Pension. London: The Pensions Institute, Birkbeck Colleǵe, University of London.
3. Booth, P.M. 1997. The Analysis of Actuarial Investment Risk. Actuarial Research Paper No. 93, City University, London.
4. Booth, P.M. 1995. "The Manaǵement of Investment Risk for Defined Contribution Pension Schemes," Transactions of the 25th International Conǵress of Actuaries 3:105–22. Brussels: International Actuarial Association.
5. Barclays De Zoette Wedd. 1997. BZW Equity-Gilt Study 41st edition. London: BZW.
6. Clarkson, R.S. 1989. "The Measurement of Investment Risk," Journal of the Institute of Actuaries 116(Part 1):127–78.
7. Gordon, M.S., Mitchell, O.S., and Twinney, M.M., eds. 1997. Positioninǵ Pensions in the Twenty-first Century. Philadelphia: University of Pennsylvania Press.
8. Hand, D.J., and Jakka, S.D., eds. 1998. Statistics in Finance. London: Arnold.
9. Khorasanee, M.Z. 1996. "Annuity Choices for Pensioners," Journal of Actuarial Practice 4, no. 2:229–55.
10. Knox, D.M. 1993. "A Critique of Defined Contribution Plans Usinǵ a Simulation Approach," Journal of Actuarial Practice 1, no. 2:49–69.
11. Stationery Office. 1999. Economic Trends. London: The Stationery Office.
12. Wilkie, A.D. 1995. "More on a Stochastic Investment Model for Actuarial Use," British Actuarial Journal 1, no. 5:777–403.