Description: Investment opportunities are driven by events in the economy and how participants in the financial markets react to those events. This keynote address will highlight current economic themes and their impact on investment opportunities.

Description: This is a short story on the retirement income calculator.

Description: Presented at October 1996 Annual Meeting. This session discusses recent regulatory and economic developments in Mexico, including but not limited to the devaluation of the peso, an update on NAFTA, the changing market conditions, and an update in privatization of the social security scheme.

Description: Acquisitions and divestitures present unique challenges to actuaries, both before and after the sale. The panelists at this presentation address the following issues for pension as well as for health and welfare plans: 1. What considerations are there when a company is being bought or sold? 2. Can the buyer and the seller ever agree upon the retiree medical liability? 3. Is the buyer interested in the income statement or the balance sheet? 4. What are some of the hidden liabilities? 5. What regulatory issues need to be considered? From Record of Society of Actuaries Vol. 17, No. 3B.

Description: Feature article summarizing a talk given by Andrew Lo at the SOA 2009 Annual Meeting on the credit crisis and why risk management failed to stop the excessive risk taking.

Description: Highlights a new research paper on determining discount rates for pension plans, by John Turner. The paper breaks new ground on deciding on the appropriate discount rate for untradeable benefit obligations, with a comprehensive summary of the field.

Description: The article makes reference to how the intervention by government agencies and institutions into the financial marketplace are creating distortions. This artificial tampering into market mechanisms will likely result in major financial dislocations down the road as natural economic forces (coined by the term "invisible hand") eventually are allowed to come into play.

Description: Consensus of viewpoints from a group discussion on economic forecasting at the March meeting of the Canadian Institute of Actuaries.

Description: This brief article presents historical stock exchange aggregate returns, comparing results in the United States and United Kingdom.

Description: This abstract describes a paper that investigates the effect of ambiguity on the market for insurance when preferences are ordered by comparison of Choquet expected utilities.