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A unitised fund approach to with-profit business

Published online by Cambridge University Press:  20 April 2012

R. J. Squires  and
J. E. O'Neill
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Abstract

The paper traces the history of the development of a with-profit system for a specialist unit-linked office. The marketing problem, to which this was the chosen solution, is discussed and a number of possible future developments are then considered. The second half of the paper is devoted to discussion of the question of matching assets and liabilities for the range of products developed. Although the paper deals with developments in a particular office the authors' intention is to provide a different perspective on the problems associated with conventional with-profit business which will be of more general interest.

Keywords

Asset SharesBonusMatchingWith Profits
Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 117 , Issue 2 , September 1990 , pp. 279 - 317
Copyright
Copyright © Institute and Faculty of Actuaries 1990

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References

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