Regular biography
Thomas Bernhardt is a Lecturer in Financial Mathematics at The University of Manchester, Department of Mathematics. His research interests include Stochastics and its connections to Actuarial Science, Financial Mathematics, and Statistics, with a focus on Decumulation and investment strategies for pension funds. He has contributed to projects aimed at optimising future pension plans and has worked on developing new Stochastic tools beyond Itô Calculus. Bernhardt's work aligns with the United Nations Sustainable Development Goals, specifically SDG 1 (No Poverty) and SDG 10 (Reduced Inequalities).
Scholar-generated biography
Thomas Bernhardt is a Lecturer at the University of Manchester, specializing in Stochastics and its Applications. His research focuses on the mathematical modeling of financial instruments, particularly pooled annuity funds and tontine structures. Bernhardt's work explores the trade-offs between income stability and fund size, as well as the impact of wealth heterogeneity in pension decumulation strategies. His publications address the continuity of stochastic processes, discretionary stopping rules, and the role of bequest preferences in utility maximization. His research contributes to the understanding of complex financial systems through rigorous probabilistic analysis.