Description: Section chair Jeff Passmore encourages active participation in the section.

Description: At the November meeting of the IASB’s SAC, I raised strong support for the concept of a priority project to accelerate the development of a new conceptual framework for the IASB with emphasis on the role of reliability, the definition of liability, the meaning of probable, the effects of contingencies i.e. contingent probabilities, the unit of account and accounting for contractual rights and obligations. Editor’s note: This is an excerpt from a longer address to the International Accounting Standards Board on guiding principles.

Description: This 2004 article discusses current issues and developments relating to the valuation of and accounting for employee stock options.

Description: 3 Digital photos of actuaries at the 2017 Investment Symposium and the Life & Annuity Symposium.

Description: In this article the author notes that investment strategy development is fundamentally a communications exercise between the investment and actuarial functions. The article explores four questions with respect to investment strategy: 1 how to make money 2 how to avoid earnings fluctuations 3 how to avoid catastrophic loss and 4 how to choose a new investment idea.

Description: Describes terms of the 2017-2018 contest for the best submissions to R&R.

Description: Article comparing stable value and money market funds in terms of income production and risk level for defined contribution DC pension plan participants.

Description: This article presents some thoughts on the role of the investment actuary in the United Kingdom. It is a topical subject, prompted by a feeling that the U.K. profession is not fulfilling its potential in this specialty. The article has three main themes: a Some historical perspective b What the professional actuary uniquely has to offer the investment marketplace and c What the consulting actuaries in the U.K. currently offer their clients.

Description: Interview with investment actuary Carl Hess, head of Towers Watson global investment practice, on his background and career path.

Description: August 2017 Crossword Puzzle.