Description: This article is written in response to the article that appeared in the February/March issue of The Actuary entitled Better Standards for Setting Standards written by Dave Kass. It discusses the process itself, the time it takes to develop or change standards and how quickly new ideas should be incorporated in the standards.

Description: Discusses the emerging role of personal actuary.

Description: Comments on how the profession is changing due to computers and the need for continuing education in order to adapt.

Description: Resources to help actuaries advance their careers.

Description: Summarizes the content of this newsletter, which is devoted to education.

Description: In this era of high interest rates, business life insurance funded by individual level-premium life policies has become popular, even to the point of undertaking to compete with group insurance plans. The author discusses tests that a sound and adequate proposal has been made.

Description: A discussion of how to define the actuarial profession, and how actuaries can engage in shaping that definition as it evolves over the coming decade.

Description: A review of 'Life Contingencies' by Alistair Neill, to be used as a textbook for the Institute and Faculty of Actuaries examinations.

Description: Review of a new text on mortality measurement, 'Mortality Table Construction' by Robert W. Batten.

Description: A summary of the October 31 meeting of the Board of Governors, where topics included education and examination requirements, SOA organization, pension terminology, publications, didivend philosophy, subcommittee operations, financial statement certifications, the Executive Director position, and consolidation of North American actuarial organizations.