Fri 14 Jul 2023 - Over the last two years, the IFoA has been sponsoring research at Heriot-Watt University to investigate pensions products based on collective risk-sharing. The main objective has been to investigate how well these products can pay a stable, lifelong income to all members, using guarantees and risk management to supplement the collective risk-sharing, where appropriate.
In this webinar, join principal researcher Professor Catherine Donnelly for an overview of findings from the programme, including:
Detailed outputs from the programme can be accessed at Optimising Future Pension Plans: Phase II outputs.
Catherine Donnelly is a Professor in the Department of Actuarial Mathematics and Statistics at Heriot-Watt University and is Director of the Risk Insight Lab. Prof. Donnelly is a qualified actuary who has previously worked in the pensions industry. She has a PhD from the University of Waterloo, Canada, an MSc from the University of Oxford and a MA from the University of Cambridge. Her research interests lie in pensions and life insurance, and she has published widely in these areas. She was a member of the USS Joint Expert Panel in 2018. Prof. Donnelly has a keen interest in developing workable solutions to improve people’s financial situation in retirement.