Description: Diminished equity returns and historically low levels of interest rates are compelling plan sponsors to look at new ways of fulfilling their fiduciary responsibilities. In response, new frontiers in asset/liability management have arisen. This article will discuss strategies aimed at reducing the volatility of pension expense and decreasing the likelihood of significant funding deficits, all without increasing pension contribution rates. From Risks and Rewards Newsletter, August 2005, Issue No. 47.

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: June 2012 issue of (RL) Bond Market Watch

Description: This session covers the current interest rate environment, the outlook for interest rates and fixed-income return, the outlook for domestic and foreign equity returns, and the financial strategies based on a plan's funded status. From the Record of the Society of Actuaries Vol. 20, No. 3A.

Description: This paper examines the characteristics of an ideal product and the type of institution that would be well positioned to offer the ideal product which would allow a housing asset to be a viable retirement asset.

Description: This presentation discusses investment policy for pension plans. From Record of the Society of Actuaries Vol. 10, No. 3.

Description: This session discussion is about asset/liability matching, risk tolerance versus yield determination and role of insurance company products and investment services. From Record of the Society of Actuaries Vol. 14, No. 1.

Description: This paper advocates a broader role for actuaries in the proactive investment strategy of a pension fund by utilizing quantitative techniques and feedback analysis.

Description: June 2012 issue of (RL) Asset/Liability Watch.

Description: 10 Considerations for DB Pension Plans in Light of the Coronavirus Crisis of 2020. The article discusses the following topics: ERISA funded status & benefit restrictions; cash contributions & tax deductibility; PBGC premiums; Pension Accounting Expense; Commencing Benefits After Normal Retirement Age; Bringing Back Former Participants; Actuarial Assumptions; Asset Allocation and Re-Risking; De-Risking Expectations and Future Funding Relief