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: This is the abstract of a paper that analyzes the effects on the funding and the contribution rate in hybrid pension schemes when the only source of unpredictable experience is through volatile rates of return.

Description: This presentation was made at the 1975 Spring Cincinnati Joint Meeting of the Conference of Actuaries in Public Practice and Society of Actuaries. It discusses funding requirements as prescribed by ERISA. 1975 Record Vol. 1, No.3

Description: The Case Against Stock in Corporate Pension Funds

Description: Actuarial Assumptions for Pension Plans Invite Arbitrage The Case of Pension Obligation Bonds by Jeremy Gold from Risks and Rewards Newsletter, September 2000, Issue No. 35.

Description: This article discusses Dan M. McGill's presentation on the subject of a guaranty fund for private pensions, given to the Senior Branch of the Actuaries Club of New York on March 26, 1968. Dr. McGill offered his thoughts on the technical characteristics of such a fund.

Description: Technological innovations are disrupting traditional business models, improving products, and enhancing the user experience.

Description: The article is a summary of Session 9PD at the Society of Actuaries annual meeting in New Orleans in October 2001. Terminal funding the purchase of annuities by pension plans usually at plan termination and stable value GIC's became major product lines in the 1980's. This article describes the changes in the those products, the markets and regulatory environment.

Description: Feature article discussing the impact of the crisis that started in 2008 on pension plans and pension policies in a variety of countries.

Description: In a world where pensions for new hires are predominantly provided with defined contribution plans, defined benefit plans have moved in many cases from being a strategic human resource management tool to being a source of volatile historic liabilities and costs that need to be managed downward. While the approaches for dealing with these liabilities broadly consist of risk transfer, settlement or funding, the precise options available will vary by country depending on the local pension framework and legal requirements. Any company with material global pension liabilities would be well advised to monitor these closely, in order to be able to take advantage of opportunities to de-risk, and to ensure that a global pension de-risking budget is allocated to the activities which are expected to yield the best returns for the group.