Boscher's presentation from the ALM seminar focusing on context for pension funds, importance of inflation in risk budgeting, mitigating inflation risk, and the specific case of conditional inflation.

Slides from a presentation at the ALM Seminar in Singapore held on September 6–7, 2007 Review of insurance company and pension plan asset management with a liability driven approach

Research projects in pension - Pension Risk Management: Derivatives, Fiduciary Duty and Process by Susan Mangiero

2007 Asset Liability Management Conference, Phoenix. This seminar on ALM focused on implementing a liability driven investment framework. Areas addressed: 1. What is LDI? 2. What’s driving move to LDI? 3. LDI Framework. 4. Implementing the LDI Framework. 5. Benchmarking.

2007 Asset Liability Management Conference, Phoenix. This seminar on Asset Liability Management focused on strategies for managing inflation and longevity risk in pension plans. Topics covered: 1. Overview of defined benefit pension risks 2. Measuring and managing inflation risk 3. Measuring and managing longevity risk

ALM Seminar, Arizona, 2007. This seminar focused on liability driven benchmarking. Topics included: * LDI facts and fiction * Strategic A-L mismatch risk * Tactical duration decision * Why benchmark? * Limitations of current pension benchmarking practices * Calculating liability returns * US Pension indices are compiled using 4 alternate discount curves * Building an investible liability index * Assembling tradeable pension indices * Mechanics of the tradeable US pension indices

This session at the 2008 SOA Annual Meeting focused on asset/liability matching for pension plans, including hedging strategies, in order to reduce surplus volatility.

The paper considers the impact of U.K. defined benefit DB pension plan funding and investment on the U.K. economy. It suggests that many conventional theories are based on incomplete or inconsistent economics. The conclusion of the paper is that the most significant impact of pension funds on the U.K. economy relates to the costs imposed by extreme mismatching between their financial assets and liabilities. The author argues that such risks can, in essence, crowd out entrepreneurial risk. He asserts that the U.K. economy would gain from greater focus on the matching of these assets and liabilities, and that the best way to stimulate enterprise is by eliminating the frictional costs in the economy arising from current practices.

The insurers are now paying more attention to the risk and capital management due to all kinds of external regulatory rating and internal requirement. The case study provides the key considerations to implement economic capital framework from an insurer perspective: risk identification, risk measurement and capital modelling, capital management and risk based business decisions. From the Asset Liability Management and Investment Seminar (Taipei) May 2012

The insurers are now paying more attention to the risk and capital management due to all kinds of external regulatory rating and internal requirement. The case study provides the key considerations to implement economic capital framework from an insurer perspective: risk identification, risk measurement and capital modelling, capital management and risk based business decisions. From the Asset Liability Management and Investment Seminar May 2012