Description: This presentation from Session 69 of the SOA May 2004 Anaheim Spring Meeting discusses the application of financial economics on smaller pension plans, in particular, those of private and nonprofit organizations. Panelists address agency cost, closely held corporation issues, impact of bundled service arrangements and investment constraints From the Record of the Society of Actuaries, Vol. 30, No. 1.

Description: Interview with Karen Lockridge, FSA, FCIA and Francisca Quinn regarding fiduciary concerns with and future outlook for Environmental, Social and Governance (ESG) investing.

Description: This paper discusses whether the use of relatively risk-free discount rates are appropriate under assumptions of substantial continuation of plan design and greatly increasing per capita payments, when the plan sponsor can dramatically change future cash flows. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.

Description: The purpose of this article is to demonstrate that the virtues of “marked-to-market” pension accounting are greatly exaggerated for both public and private pension plans. It is demonstrated that the “marked-to-market” paradigm, as applied to pensions, is based on a questionable economic foundation and may produce plenty of “misinformation” of its own. From the Pension Section News, September 2008, Issue No. 68.

Description: This article discusses the use of financial economics in managing pension plans and warns of issues with rapid change in this area.

Description: Jill Hoffman’s report on 2010 actuarial activities in Singapore and Cathy Lyn’s report on the 2009 activities in the Jamaica .

Description: In this article, the author talks about reforming the Canadian pension system.

Description: This paper concludes that there are two index rates that could best replace the 30-year Treasury in the calculation of the Current Liability of a pension plan - either the 30 year swap rate or the benchmark 30-year FNMA bond.

Description: The paper attempts to identify defined benefit plan design principles that provide valuable employee benefits at reasonable costs. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1.

Description: This paper explores practical methods to hedge the fair value of pension scheme liabilities against changes in market conditions. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.