Ex-post and Exempt approved status: Difference between pages

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Historical.
''Pensions''.  
 
The status accorded to UK occupational pension schemes by Her Majesty's Revenue & Customs according them favourable treatment with respect to the tax deductibility of contributions and the tax free accumulation of income.
 
:"Historical simulation is conceptually the simplest alternative method to the delta-normal.  There is no assumption about how markets operate. 
 
:For any given portfolio held today, you calculate repeatedly its hypothetical value change as if it had been held for a one day period in the past, using the relevant market price changes and other market rate changes for each successive day.
 
:At each step, you do a full valuation and calculate the ex-post or historical value changes over one day."
 
:''Historical simulation method - the Treasurer's Wiki''
 


== See also ==
== See also ==
* [[Ex-ante]]
* [[Approved scheme]]
* [[Historical simulation method]]
* [[Her Majesty’s Revenue & Customs]]
* [[Practice note]]


[[Category:The_business_context]]

Revision as of 14:19, 23 October 2012

Pensions. The status accorded to UK occupational pension schemes by Her Majesty's Revenue & Customs according them favourable treatment with respect to the tax deductibility of contributions and the tax free accumulation of income.

See also


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