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The Actuary The magazine of the Institute & Faculty of Actuaries

The Calculus of Retirement Income

This is the title of a new book by Dr Moshe Milevsky to be published in the UK in May by Cambridge University Press. The pre-publication information on Amazon says: ‘The book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective.… It can serve as an ideal textbook for an applied course on wealth management and retirement planning in addition to being a reference for quantitatively inclined financial planners.’