Description: All we need is … a §401k - redesigned to • Leverage the fungibility of money • Consolidate to a lifetime, all-in-one plan • Create liquidity without leakage

Description: Summary of the reasons behind our section name change; and a short description of each of the articles in this issue.

Description: The purpose of this article is to discuss potential issues and considerations that may be encountered with the implementation of VM 20. Crucial considerations include the modeling software used, validation effort, assumptions used, complexity of the process, documentation, and run time. A key takeaway is that an integrated modeling platform with solid automation and asset-liability capabilities is imperative for addressing the issues and considerations encountered.

Description: A summary of Modeling Section-sponsored sessions at the 2016 Life/Annuity Symposium, covering model risk management, model governance, and model efficiency.

Description: A look at U.S. and Dutch multiemployer plans.

Description: Brief description of the actuarial profession in Switzerland, the success story of the Swiss Solvency Test (SST), and some features of the insurance market.

Description: Author discusses about the challenges faced by actuaries in micro-insurance innovation and product development

Description: There are many ways to manage a long-term care closed block of policies but some of the common ones are rate increases, enhancement of claim practices and helping policyholders to remain independent and thriving at home.

Description: Overview of market research plan to test consumer interest in 2 new LTC finance options which emerged from the most recent Society of Actuaries' LTC Think Tank

Description: Discussion of ways direct marketers have beaten recessions in the recent past and suggestions for beating this recession.