Department of Mathematics and Statistics at the Faculty of Science
University of Calgary
Equity guarantees and retirement
Submitted by jlongwor on Thu, 03/26/2009 - 3:22pm.
Apr 2 2009 - 12:00pm
Apr 2 2009 - 12:50pm
Speaker:
Tom Salisbury, Department of Mathematics and aStatistics, York University
Location:
MS 325A new generation of retirement savings products offer the upside associated with equity returns, coupled with the downside protection of annuities. I will describe the changing demographics of retirement planning, and some of the products created to serve this market. Also some of the mathematical problems associated with hedging, pricing, and managing portfolios that incorporate these guaranteed living benefits.
This talk describes joint work with Huaxiong Huang and Moshe Milevsky.
This talk describes joint work with Huaxiong Huang and Moshe Milevsky.