Description: Discussion of the activities of the Social Insurance and Public Finance Section during its first year and its plans for 2010

Description: Review of 2018 changes to retirement-related actuarial standards of practice in the US and Canada.

Description: In the U.S. in the late 1980’s, the Internal Revenue Service was taking steps to try to institute explicit boundaries for the actuarial assumptions being used in 'funding' valuations to determine the appropriate contribution levels for small pension plans. This article was written in the context of that environment, to defend the rights of actuaries to their professional judgement. The courts eventually supported this perspective.

Description: Josh summarizes key findings distilled from last year’s Pension Section Survey, and reports on a fifteen-item action plan that was ratified by the Pension Section Council in February for near-term implementation.

Description: An article from the Chairman of the Product Development Section Council with a brief discussion of plans for the section for the upcoming year 2009.

Description: discussion of the Product Development Section’s plans for the annual meeting.

Description: Paper on the impact of investment advice regulations on personal actuaries.

Description: This newsletter’s nominee for the most spectacular American at last summer’s International Congress is Prof. William S. Jewel1 of the University of California, Berkeley, who, as Mr. Hazelcorn reports in this issue, introduced the Congress subject, Generalized Models of the Insurance Business. Prof. Jewel encouraged actuaries to be receptive of, and tolerant towards, new methods, models, and paradigms.

Description: Discusses importance of CPD to develop business and management skills and the efforts of the The Pacific Rim Actuaries’ Club of Toronto in this area.

Description: Announcements of upcoming events.