Master's Thesis »Valuation methods for pension products during the retirement phase«

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Demographic change in Germany makes a reform of the pension system necessary. Corresponding legislative proposals for private and statutory pensions are currently being drafted. The insurance industry is developing private pension products that also include various options for the pension phase. This master’s thesis aims to contribute to the evaluation of these concepts for the pension phase.
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- Application and further development of a concept from Australia for evaluating the payout phase of German pension products
- Development of methods and implementation of the required stochastic modelling framework to examine the applied valuation procedures
- Testing the methods and processes on reference products and summarising the research results in a master’s thesis
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