Our team has written or contributed to the following books:
Pension Fund Risk Management: Financial and Actuarial Modeling
various authors
Qfinance: The Ultimate Resource
various authors
Inflation Risk and Products (2008)
Brice Benaben and Sebastien Goldenberg
Curious Contracts - Pension Fund Redesign for the Future (2006)
Theo P. Kocken
Inflation-Linked Products (2005)
Brice Benaben and Sebastien Goldenberg
Pension Fund Risk Management: Financial and Actuarial Modeling
Most pension funds already manage the different risks they face, but usually from a “single stakeholder” pension fund perspective, typically expressed in e.g. the risk of funding shortfall. The many different stakeholders in pension funds – such as the employees, retirees and sponsor – all bear different risks, but there is often hardly any insight in the objective market value of these risks. On top of that, there is usually no explicit compensation agreement for those who bear the risks. Therefore, a technique that identifies and values these stakeholder’s risks has many useful applications in pension fund management.
Cardano contribution: Chapter 8, Different Stakeholders’ Risks in DB Pension Funds
Theo Kocken and Anne de Kreuk
To order: www.crcpress.com (CRC Press, ISBN 9781439817520)