Top slicing
\tɑp\ \ˈslaɪsɪŋ\
A process common in the UK of buying annuity policies for retirees with the highest pensions in a pension plan. The aim is to reduce the concentration of risk and the idiosyncratic risk in the pension plan.
\tɑp\ \ˈslaɪsɪŋ\
A process common in the UK of buying annuity policies for retirees with the highest pensions in a pension plan. The aim is to reduce the concentration of risk and the idiosyncratic risk in the pension plan.