KSS Event – The optimal design of pension contracts (Edinburgh)
This talk will introduce a new pension contract that protects customers from adverse asset price movements, while keeping the potential of positive returns. It has a transparent structure and clear distribution rule, which can be easily understood by the customer. By comparing with other pensions contracts under a behavioural model (the Cumulative Prospect Theory), we show that this new contract can be the optimal choice for customers.
Friday 30th November, 12:00 (12:15 start). IFoA, Exchange Crescent, Edinburgh. Event sold out. More details and a link to join waiting list can be found here: https://www.actuaries.org.uk/learn-develop/attend-event/kss-event-optimal-design-pension-contracts