Managing longevity risks in Singapore : an analysis of returns on variable annuities using the Lee-Carter model, financial time series analysis and Monte Carlo simulation
Managing longevity risks is of growing importance in Singapore due to demographic changes and the unique retirement policy. There is a growing demand for variable annuity products to shield against the erosion of inflation and the diminishing annual income as life expectancy continues to improve. Ho...
| Main Authors: | , , |
|---|---|
| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2013
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/51573 |