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A taxing incentive? a comparison of retirement saving using discretionary investment and Regulation 28 in a Life-Cycle Model
The purpose of this study is to investigate whether the limitations, imposed by Regulation 28 of the Pension Funds Act, encourage optimal asset allocation and reduce investment risk for retirement savings when contrasted to discretionary investment. A quantitative risk and return analysis was perfor...
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| Format: | Thesis |
| Language: | English |
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Department of Finance and Tax
2016
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