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Quantifying idiosyncratic risk in defined benefit pension schemes in Kenya

Mburu, Edna Njeri
SU+ Digital Repository · Papers
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kenya
Pension schemes are prone to numerous risks that could affect the funds resulting in payments different from those that were guaranteed on entrance into the scheme. This study sought to measure the idiosyncratic risk in a sample of defined benefit schemes in Kenya, based on a model by Catherine Donn
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