Description: This report is prepared to provide a comprehensive overview of the professional financial advice industry including the strengths and weaknesses of currently available approaches to providing (and receiving) financial advice, particularly as part of an employer-sponsored employee benefit. Financial advice is broadly defined to include traditional methods as well as alternative methods to providing personalized guidance. This report is also designed to provide guidance for retirement plan sponsors in making decisions regarding the role, scope, and delivery models of financial advice to plan participants. As appropriate, the report differentiates between investment advice, which includes investment management and asset accumulation decisions, and retirement advice, which includes retirement preparation, security, and planning decisions, and is built upon a thorough understanding of an individual’s personal values and goals. Rather than provide an actionable list for plan sponsors to implement, this report is designed to raise awareness of the issues that are worth considering.

Description: The objective of this report is to provide benchmarking information that will help companies address the needs of internal stakeholders in cost-effectively conducting and implementing an ORSA process. In order to obtain this benchmarking information, a cross-disciplinary survey was conducted to find out what insurance companies understand and expect from an ORSA, the effort required to complete an ORSA, and the benefits from doing so. This survey was undertaken on a global basis, with participants that included life, property and casualty (P&C), often referred to as "non-life" or "general" insurers in territories such as Europe, and health insurance companies in North America (the United States and Canada), Europe, and Asia.

Description: This paper is intended to be a resource for actuaries and other professionals interested in learning more about longevity risk. It summarizes the results of the literature review by discussing observed trends and outlook on mortality, development of retirement markets, ways to mitigate risk, summary of products with risk exposure and quantification and management of the risk.

Description: This SOA report provides an overview and analysis of the mortality models, theories and trends contained in the papers presented at the past four international Living to 100 symposia.

Description: This web site provides an introduction to a report that examines approaches to operational risk management and considerations for establishing formal operational risk programs. A link is provided to the report which is entitled 'A New Approach for Managing Operational Risk.'

Description: This report identifies and reviews relevant literature with respect to the valuation of private placement debt [PPD] and real estate, develops a case study examining the effectiveness of an actuarial valuation methods for PPD, and proposes guidelines regarding the valuation of illiquid assets.

Description: Results of the PBITT Working Group annual VA survey.

Description: First of two research papers introduces and explores results of two metrics of financial stress among U.S. multiemployer pension plans.

Description: This paper provides an overview of deductible ratemaking , and the pros and cons of various approaches under different parametric models are compared.

Description: Candidate information page for Andrew Rallis