49 citations · 153 across the 6 of their papers we have counts for
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q-fin.RM2020★ 36 cited
Quantifying the trade-off between income stability and the number of members in a pooled annuity fund
Thomas Bernhardt, Catherine Donnelly
The number of people who receive a stable income for life from a closed pooled annuity fund is studied. Income stability is defined as keeping the income within a specified toleran…
q-fin.RM2011★ 17 cited
Quantifying mortality risk in small defined-benefit pension schemes
Catherine Donnelly
A risk of small defined-benefit pension schemes is that there are too few members to eliminate idiosyncratic mortality risk, that is there are too few members to effectively pool m…