pensions/life insurance calculations

Having worked as a pensions administrator myself many moons ago, I remember all the calculations that can be involved (I started making up spreadsheets on lotus 123 in those days!). Thankfully there now exists online calculators namely;

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to aid date/age calculations, to aid a lot of the work in calculating age attained, next, nearer for whole, half, quarter age, etc

Compound interest, straight (1+i)^n tables not needed now, with the scientific calculator on your pc. just go into;

All programs

Accessories

Calculator

View

Scientific

Fraction calculations (for formula benefits in final salary schemes) can be quickened by visiting

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Hope this is helpful to people who have these calculations to perform and have internet access at work.

richard

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richardskaa
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