Page 1 - How to win at buy out | First Actuarial
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     How to win at buy-out
            Buy out
Stock market crashes
                    Data incomplete
                                      Trust deed problems
                                           Early retirement exercise
               Gilt yields drop
Smart investment
                    Uncertainty over benefits
                            Top slicing exercise
Missed cheap buy-out terms
                                       Agree bjectives &
timescales
Liability management exercises
                                                      o
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