Description: This paper discusses the limits placed on actuarial pension practice since the passage of ERISA. From The Pension Forum, January 2003, Volume 15, Issue No. 1.

Description: Discusses the IASB insurance contract project and the major components of the new accounting standard, including the guidance it provides regarding how to define the term “insurance contract.”

Description: View the Investment & Financial Markets Exam—July 2019 Syllabus.

Description: View the Investment & Financial Markets Exam—July 2020 Syllabus.

Description: For insurance companies, modeling the future values of assets and their interactions is useful for setting up asset strategies and managing reserves for liabilities. These are the presentation slides for a research paper that evaluates the ability of Wilkie’s stochastic investment models to predict Toronto Stock Exchange [TSX] price index yield. In the Wilkie Model, correlated econometric indices are modeled through a cascade structure.

Description: Spring 2023 Exam QFIQF

Description: This article is an update, as of March 2019, on Financial Reporting Section sponsored projects in process and those recently completed.

Description: Review the spring 2017 CFEFD exam.

Description: This paper builds on the analysis of Berin and Lofgren of 'Financial Accounting Standard No. 87', with regards to pension plans. The relationships between the quantities defined in FAS 87 are further explored, and the analysis is extended to cover FAS 88, 'Employers Accounting for Settlements and Curtailments of Defined-Benefit Pension Plans and for Termination Benefits'.

Description: Are Your Scenarios on Target?From Risks and Rewards Newsletter, August 2005, Issue No. 47. Actuaries are faced with the dilemma of how to incorporate advances in insurance products and modeling technology into their work. Increasingly, this means looking at a large number of potential outcomes using stochastic simulations.