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  • Investment Fallacies e-book
    in long-term mean reversion for stock returns (17 had no opinion and 49 did not believe). Without ... strong evidence of mean reversion in the markets for 17 developed economies over the period from 1900 to ...

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    • Authors: Rowland Davis, Society of Actuaries
    • Date: Sep 2014
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; External Forces & Industry Knowledge>External forces and business performance
    • Topics: Finance & Investments>Capital management - Finance & Investments; Finance & Investments>Investment policy; Finance & Investments>Investments; Finance & Investments>Investment strategy - Finance & Investments; Finance & Investments>Risk measurement - Finance & Investments; Finance & Investments>Value at risk - Finance & Investments
  • Background Document: Quantitative Evaluation Framework for Retirement Benefit Systems
    Insured Annuity Payout Phase Analytics 12/5/2018 17:12 Description of payout method being analyzed: ... 4% Rule Payout Phase Analytics 12/5/2018 17:18 Description of payout method being analyzed: ...

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    • Authors: Rowland Davis
    • Date: Jun 2019
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Plan design
  • Payouts from Defined Contribution Plans: A Collective Risk-Sharing Framework
    ratio (a significant shortfall to the target) is 17% (versus 19% for group annuity). In the bottom quintile ... below 40% 30% 35% Replacement ratio below 30% 17% 19% Average replacement ratio in bottom quintile ...

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    • Authors: Rowland Davis
    • Date: Jan 2014
    • Competency: Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
    • Publication Name: Pension Section News
    • Topics: Annuities>Investment strategy - Annuities; Annuities>Payout annuities
  • The Tracker Plan: A Controlled Risk Defined-Contribution Retirement Program
    the uncertainty emerges on the cost metric. Chart 17 shows results for: • The typical 401(k) plan described ... of their own pay in order to participate. Chart 17 Traditional Plans in Benefit/Cost Framework In ...

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    • Authors: Rowland Davis
    • Date: Dec 2012
    • Competency: Strategic Insight and Integration>Big picture view
    • Topics: Pensions & Retirement>Plan design; Pensions & Retirement>Retirement risks; Public Policy
  • A Middle Ground for Public Plans
    A Middle Ground for Public Plans 2 public plans improve intergenerational equity & sustainability: ... to the baseline benefit for each year of each 17 scenario are calculated, and these ratios are ...

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    • Authors: Rowland Davis
    • Date: Jun 2018
    • Topics: Pensions & Retirement