Description: This Fast Facts sheet summarizes the update to the RPEC_2014 model and corresponding mortality improvement scales.

Description: This report summarizes the comments received on the Scale MP-2014 exposure draft.

Description: An interview with Michelle Richter-Gordon which provides a look at how DC participants feel about their financial security in retirement and suggests how retirement professionals can improve the financial security of retirees during the decumulation phase.

Description: This report examines the mortality of Canadian pensioners subdivided by pension level, using data from the Canada Pension Plan (CPP) and Québec Pension Plan (QPP)

Description: Article from The Actuary February 1993 Volume 27, No. 2 highlights experience study on mortality from uninsured pension plans

Description: Over a short span of two weeks, the financial system has observed the collapse of two mid-sized U.S. commercial banks, California-based Silicon Valley Bank (“SVB”) and New York-based Signature Bank, and a takeover of troubled Credit Suisse by a rival in Europe. Other banks that serve a similar demographic as SVB, such as First Republic Bank and PacWest Bancorp, have also experienced an elevated level of customer deposit withdrawals while their stock prices plummeted. The U.S. Federal Deposit Insurance Corporation (FDIC) quickly stepped in and guaranteed all deposits from the failed banks to prevent a broader crisis in the banking system. The current turmoil in the financial system is a stark reminder of the importance of effective risk management and regulation.

Description: In this article, the chairperson recaps what the section has been doing over the last three months. Items include development of a plan for organizing and promoting the retirement research, supporting the SOA's Rapid Retirement Research Initiative and developing a plan termination symposium. From Pension Section News, October 2011, Issue No. 75.

Description: 1994 SOA Meeting, San Antonio. This session covered single-premium group annuities under the following topics: 1. The evolution of the product and the market. 2. The forces that lead to annuitization. 3. Various annuity design choices for a plan sponsor. 4. Distribution process. 5. Proposed Retirement Protection Act of 1993. 6. The interest environment.

Description: This article discusses index-linked securities, in light of the recent “Inquiry into the Value of Pensions” a committee set up by Prime Minister Margaret Thatcher “to consider the value of the differences in inflation protection of private pensions and job security, comparing those for civil servants with others.” The committee endorsed index-linked pensions for civil servants and private sector, and as a result the U.K. government issued index-linked bonds for the use of pension plans.