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Author: Thomas Bertram Costain
Publisher: London : Collins
ISBN:
Category : Great Britain
Languages : en
Pages : 0
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Book Description
A London con man creates a tontine wherein the surviving members receive interest on their investment, while the capital, after some years, is to go to the care of veterans.
Author: Thomas Bertram Costain
Publisher: London : Collins
ISBN:
Category : Great Britain
Languages : en
Pages : 0
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Book Description
A London con man creates a tontine wherein the surviving members receive interest on their investment, while the capital, after some years, is to go to the care of veterans.
Author: Moshe A. Milevsky
Publisher: Cambridge University Press
ISBN: 1316407314
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
In a time before bonds, treasury notes, or central banks, there were tontines. These were schemes in which a group of investors lent money to a government, corporation, or king, similar to a modern-day loan syndicate. But unlike conventional debt, periodic interest payments were distributed only to survivors. As tontine nominees died, the income of survivors correspondingly increased. Morbid, perhaps, but this was one of the earliest forms of longevity insurance in which the pool shared the risk. Moshe A. Milevsky tells the story of the first tontine issued by the English government in 1693, known as King William's tontine, intended to finance the war against French King Louis XIV. He explains how tontines work, the financial and economic thinking behind them, as well as why they fell into disrepute. Milevsky concludes with a provocative argument that suitably modified tontines should be resurrected for twenty-first-century retirement income planning.
Author: Thomas B. Costain
Publisher: Rare Treasure Editions
ISBN: 1774644967
Category : Fiction
Languages : en
Pages : 702
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Book Description
Spanning 60+ years, beginning on the day Waterloo was won, it is a multigenerational story of 3 families during the Industrial Revolution. Lots of detailed descriptions of life among the varied social classes, it has been likened to stories by Dickens. It’s a very good historical fiction. A tontine is a life insurance scheme, stratified by age. Enrollees received payouts after an initial growth period, the amounts determined by the number of living recipients. Over time, as participants died, the payouts became more and more substantial. Towards the end, when the recipients became a mere handful, all sorts of betting occurred in the general populace on who would be the last survivor.
Author: Bill Daniell
Publisher: Xlibris Corporation
ISBN: 1479792977
Category : History
Languages : en
Pages : 289
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Book Description
As the aged, ashen-colored helicopter continued to spiral out of control minutes away from crashing into the ice-cold water surface of the Sea of Japan, seven souls remained on board. In the cockpit, the stalwart, veteran pilot, CWO4 Hector Valor, along with copilot, 2nd Lt. Joshua Cherry, were trying desperately to regain control of the failed aircraft. This fact-based, suspense, and romantic-full novel is a story about time and memories of a brotherhood that were constantly being stalked by a wicked and sinister brigadier general from another country. The time was the post Vietnam War era, and fellow Americans were still struggling with resolutions that came about from the conflict in Southeast Asia. It was a time of healing and coming together as a nation, a time when America had just finished two decades of ups and downs yet continued to remain one of the greatest nations in the world. Americans were poised and ready to get on with the business at hand of redirecting their efforts to keeping our nation strong and healthy. Furthermore, it is about fact and memory of four army paratroopers who established a lifelong commitment of support for each other, a brotherhood, if you will, made "one for all and all for one," A TONTINE.
Author:
Publisher: LIM En-Qi
ISBN: 9811128308
Category : Fiction
Languages : en
Pages : 112
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Book Description
It is the time of the year when many kampongs , homes, and huts in Singapore light up with the sights and sounds of the Mid-Autumn Festival. Mountains of mooncakes, beautifully designed paper lanterns, along with gigantic pomelos will be displayed to meet the insatiable demands of the people for all things Mid- Autumn. Opera troupes of all dialect groups are out in full force to entertain the masses. It is also the best time for one to get married. Most couples would do whatever it takes to catch the auspicious season that celebrates the fairy tale story of how the Cowherd finally met his Weaving Girl and reunites in love. Amid these celebrations, TK, Towkay of Cai Hong Hotel had a lot on his hands as well. His hotel was filled, and yet he reluctantly agreed to Geok, his feisty wife to host a wedding dinner at the hotel's grounds. And when the town’s tailor Yew Lin shows up at the neighbourhood Kopitiam bloodied and confused before collapsing into a coma, TK finds himself drawn into a mystery stranger and heart wrenching than any that he has ever been involved in before. … This book or any portion thereof may not be reproduced or used in any manner whatsoever without the written permission of the author. Events and characters depicted in the book are fictional. Any resemblance to real person or animal, living or dead is purely coincidental.
Author: Cornelius Walford
Publisher:
ISBN:
Category : Insurance
Languages : en
Pages : 594
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Book Description
Author: Richard K. Fullmer
Publisher: CFA Institute Research Foundation
ISBN: 1944960767
Category : Business & Economics
Languages : en
Pages : 54
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Book Description
Tontines and similar mortality-pooled investment arrangements offer a useful and unique value proposition to the global retirement challenge.
Author: Lawrence Wagger
Publisher: Xlibris Corporation
ISBN: 1456876538
Category : Fiction
Languages : en
Pages :
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Book Description
Author: Moshe Arye Milevsky
Publisher: Springer Nature
ISBN: 3031009282
Category : Business & Economics
Languages : en
Pages : 169
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Book Description
This open access book introduces the modern tontine and its applications in retirement and decumulation. Personal financial management in the later stages of life presents unique challenges, and renowned retirement planning expert Dr. Milevsky proposes the modern tontine as a solution. With the goal of guiding professionals and retirees in more efficient decumulation, the book demonstrates how to build a modern tontine. It is technically oriented, employing a cookbook format, featuring R code, and examining retirement planning through a statistical lens. This how-to guide, which is a sequel to his 2020 book “Retirement Income Recipes in R”, will be invaluable for retirement planning professionals and advisors, as well as for PhD scholars in retirement planning, quantitative finance, and related fields. This book is open access.
Author: Henry Hawley Smart
Publisher:
ISBN:
Category :
Languages : en
Pages : 424
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Book Description
