Paper 1 · Financial Maths ⏱ Tested in 1 exam question since 2018 Lesson 8 of 8

Financial Maths 8 – Pensions

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You’ll learn

  • Split a pension question into two stages: building the fund, then drawing it down
  • Find the fund needed at retirement as the present value of all the withdrawals
  • Find the monthly or quarterly contribution that builds that fund (geometric series)
  • Handle a contribution gap before retirement by shifting the series' exponents

Most recent exam questions

  • 2018 P2 Q8(c)

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