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  • Immunization And Dedicated Portfolios For Pension Funds
    funds. Asset liability management=ALM;Asset valuation;Discount rates=Interest rates;Employee Retirement ... Service=IRS;Investment strategy;Pension funds;Pension valuation; 15461 10/1/1982 12:00:00 AM ...

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    • Authors: Rowland Davis, William A Farquhar, Andrew F Shewan, T Thomas Simester
    • Date: Oct 1982
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Pensions & Retirement
  • A Middle Ground for Public Plans
    tracking process does not need to be done at the individual participant level, as long as all plan features ... Separate tracker funds are established for each individual age cohort, or (subject to further testing) ...

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    • Authors: Rowland Davis
    • Date: Jun 2018
    • Topics: Pensions & Retirement
  • Background Document: Quantitative Evaluation Framework for Retirement Benefit Systems
    period 15-yr. certain period SWP using IRS RMD table: 50% risk asset allocation SWP using standard 4% ... 19 Table 1 shows additional metrics for the designs shown in Figure 10. Table 1 Additional ...

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    • Authors: Rowland Davis
    • Date: Jun 2019
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Plan design
  • Payouts from Defined Contribution Plans: A Collective Risk-Sharing Framework
    the base income stream. Sustainability: An individual retiree cannot absolutely guarantee a sustainable ... PENSION SECTION NEWS | 27 the risk with the individual participant. If employers will not share in ...

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    • Authors: Rowland Davis
    • Date: Jan 2014
    • Competency: Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
    • Publication Name: Pension Section News
    • Topics: Annuities>Investment strategy - Annuities; Annuities>Payout annuities
  • The Tracker Plan: A Controlled Risk Defined-Contribution Retirement Program
    others when plans are closed or frozen. At the individual level, workers are often being asked to make ... matches some portion of employee contributions. The individual decides how much to save and how to invest the ...

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    • Authors: Rowland Davis
    • Date: Dec 2012
    • Competency: Strategic Insight and Integration>Big picture view
    • Topics: Pensions & Retirement>Plan design; Pensions & Retirement>Retirement risks; Public Policy
  • Investment Fallacies e-book
    and 2) that the only issue at stake is an individual investor’s terminal wealth based on the investments ... cohorts remains constant. Unlike the fund for an individual investor, which builds from a level of zero ...

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    • Authors: Rowland Davis, Society of Actuaries
    • Date: Sep 2014
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; External Forces & Industry Knowledge>External forces and business performance
    • Topics: Finance & Investments>Capital management - Finance & Investments; Finance & Investments>Investment policy; Finance & Investments>Investments; Finance & Investments>Investment strategy - Finance & Investments; Finance & Investments>Risk measurement - Finance & Investments; Finance & Investments>Value at risk - Finance & Investments
  • The Myth of "The Myth of Time Diversification"
    come); and 2) that the only issue at stake is an individual investor’s terminal wealth based on the investments ... cohorts remains constant. Unlike the fund for an individual investor, which builds from a level of zero ...

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    • Authors: Rowland Davis
    • Date: Aug 2014
    • Publication Name: Risks & Rewards
  • Investment Fallacies e-book
    Investment Fallacies e-book Investment Fallacies: Simulation of Long-Term Stock Returns: Fat-Tails ... stock returns based on some measure of stock valuation levels (e.g. dividend yield, or P/E ratios) ...

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    • Authors: Rowland Davis, Society of Actuaries
    • Date: Sep 2014
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; External Forces & Industry Knowledge>External forces and business performance
    • Topics: Finance & Investments>Capital management - Finance & Investments; Finance & Investments>Investment policy; Finance & Investments>Investments; Finance & Investments>Investment strategy - Finance & Investments; Finance & Investments>Risk measurement - Finance & Investments; Finance & Investments>Value at risk - Finance & Investments