Cairns, Andrew; Blake, David; Dawson, Paul; Dowd, Kevin - 2005
pension provision is now a major concern.
But better management of longer-term
mortality risk is possible following
a … both above and below
Libor-15, depending on term to maturity: see figure 3.
6. Lower investment management fees also … the College of Business Administration, Kent State University. Kevin
Dowd is Professor of Financial Risk Management at …