Description: The article reviews recent investment performance of stable value compared to other low risk alternatives, discusses current criticisms of the option, and concludes that they are not well founded. Criticism reflects a lack of openness to the full range of stable value contracts available and manager bias against traditional GICs, not a real lack of wrap capacity. Stable value continues to be the pareto superior low risk option.

Description: This article advocates that DC plan sponsors implement programs of retirement income in their plans, and that actuaries are ideally qualified to help plan sponsors with that task. A program of retirement income offers a menu of choices to convert savings to income, along with appropriate communications to help retiring employees make informed choices.

Description: Diverse Risks 2016 Call for Essays

Description: All we need is … a §401k - redesigned to • Leverage the fungibility of money • Consolidate to a lifetime, all-in-one plan • Create liquidity without leakage

Description: Discussion about the pros and cons of providing lifetime income options in defined contribution plans, and about the pros and cons of annuitization vs. structured payouts. Discussion triggered by an SOA research report authored by Steve Vernon.

Description: Presents a tool for actuaries to analyze defined contribution plans. Analytical Hierarchy Process weights plan features. Result is accessible to non-actuaries.

Description: This article is a response to comments on the Successful Employee Retirement Income Outcomes in the United States (SERIOUS), a comprehensive model for the delivery of employment-based retirement income.

Description: Recently, we have seen renewed interest in the international (or “offshore”) pension plan. An international plan typically provides benefits for internationally mobile workers of a multinational employer, but can also be used for certain other workers. The plan is usually located in a respected international finance centre.