Thesis (MComm)--Stellenbosch University, 2013. / In this thesis, based on historical data, a comparative study is conducted of various annuity
strategies for South African males who retired during the 30 years from 1960 to 1989. To this
end, the present values of the monthly cash
ows provided by di erent annuity strategies are
calculated and compared in order to ascertain which strategy would have provided the largest
nancial bene ts. In contrast to previously held general beliefs, the calculations demonstrate
that pure living annuity strategies are superior to composite annuity strategies, which in turn
outperform switching annuity strategies, whereas pure life annuities yield the lowest return.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:sun/oai:scholar.sun.ac.za:10019.1/80188 |
| Date | 03 1900 |
| Creators | De Villiers-Strijdom, Jeannie |
| Contributors | Krige, J. D., Stellenbosch University. Faculty of Economic and Management Sciences. Dept. of Business Management. |
| Publisher | Stellenbosch : Stellenbosch University |
| Source Sets | South African National ETD Portal |
| Language | en_ZA |
| Detected Language | English |
| Type | Thesis |
| Format | xvi, 148 p. : col. ill. |
| Rights | Stellenbosch University |
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