Describe the risks to bpo company, Risk Management

Assignment Help:

Question 1:

You are the actuary to a pension scheme. Describe which asset types you would recommend, with reasons, for the following membership profile:

a) A newly set pension scheme with the oldest employee having 30 years before attaining retirement date

b) A closed scheme with 50% of liabilities attributable to pensioners and the remaining 50% of liabilities in respect of members with an average time to retirement of 10 years. Pension in payment is assumed to be level.

c) A mature scheme with 25% of pensioners, 25% of members with 30 years to retirement and the remainder with an average of 15 years to retirement. Pension in payment in indexed with inflation.

Question 2:

You are approached by the CEO of a BPO company which wants to set up a DB pension scheme. The scheme will provide for both pension benefits and lump sum death in service benefits.

a) Describe the risks to which the BPO company will be exposed should it put in place a DB scheme.

b) What are the measures available to contain/reduce/eliminate these risks, assuming the CEO wants to go for a DB scheme?


Related Discussions:- Describe the risks to bpo company

Utility theory, While uncertain, they have estimated the net revenue from t...

While uncertain, they have estimated the net revenue from this patent to have the proba- bility distribution, ??(??) = ?? ??????(-????) in which ?? = 0.05 and x=million dollars (x

Evaluate risk management models, Evaluate risk management models • ERM a...

Evaluate risk management models • ERM approach • ISO31000:2009 • M_O_R Framework • GRC Capability Model

Risks covered under the policy., An insurance company is investigating offe...

An insurance company is investigating offering kidnap and ransom insurance. Policies are to be sold to multinational companies to provide cover for certain named employees who are

Discuss the application of the actuarial control cycle, Question 1: (i)...

Question 1: (i) Define the following by giving an example: (a) Systemic risk (b) Diversifiable risk (ii) List and describe briefly the different types of ri

Identify the entities for managing risks and controls, QUESTION Mybank ...

QUESTION Mybank Commercial Bank is a global conglomerate with operations in more than 10 countries and with more than 25,000 employees across the globe. The bank's technology t

Financial services policy, On successful completion of FSAP, the EC conclud...

On successful completion of FSAP, the EC concluded that the EU FS industry still had strong untapped economic and employment growth potential. As a result, the White Paper on Finan

Risk premium, Risk Premium A risk premium is the extra or excess which ...

Risk Premium A risk premium is the extra or excess which is return on a risky asset relative to the return on risk-free assets. Therefore, it defines the additional return that

Components of risk management system, (a) Risk has always been an intrinsi...

(a) Risk has always been an intrinsic part of project management. With increasing market competition, technology, and globalisation, risk management is continuously gaining wider

Risk, Explain how budget planning is related risk management

Explain how budget planning is related risk management

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd