volume 9, issue 01, P107-135 2003
DOI: 10.1017/s1357321700004141
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D. G. Fleming, C. G. Bell, K. D. Gourlay, R. F. C. Taylor

Abstract: This paper has been written to provoke discussion and will be used as background to the debate on 18 November 2002. An earlier version was produced by the Faculty of Actuaries Pension Research Group and presented as a paper to the Faculty of Actuaries Students' Society.