Abstract
Valuation Age: The valuation age is usually taken as either the nearest age or the age last birthday at the date of valuation. The former would appear to be the more reasonable method as annuity rates are frequently quoted for half ages or even quarter ages.Grouping (Single Lives): For valuation purposes the annuities are grouped according to the office dates of birth, calculated to give the valuation age on the assumption chosen. Sub-grouping may be necessary to facilitate selection being taken into account if considered desirable.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callSimilar Papers
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
