Description: This article discusses the new Investment Section. The initial targeted areas are expected to be: Modeling, Corporate Finance, Capital Management and Investment Instruments.

Description: Enclosed with this issue of The Actuary is a synopsis of the Report of the SOA Task Force on the Actuary of the Future, referred to in Gary Corbett’s presidential address last year.

Description: Final regulations imposing Continuing Professional Education CPE requirements for enrolled actuaries in the United States were promulgated recently by the Joint Board for the Enrollment of Actuaries. The Joint Board was established by federal law ERISA in 1974 to regulate pension actuaries. Certain pension actuarial certifications required by ERISA must be performed by an enrolled actuary As described below, the CPE requirements will cause some administrative inconvenience for enrolled actuaries but - with certain notable exceptions - will not affect our behavior.

Description: An article reporting the death of Ernest J. Oglesby, a retired professor of mathematics. From The Actuary Vol. 23, No. 8.

Description: An article provides a report from the Society of Actuaries Board of Governors meeting in San Antonio, Texas, on June 14-15, 1994. Included are Board actions, particularly on SOA Bylaws, the establishment of the SOA Ambassador Program, and the creation of a heath Risk Adjuster research project.

Description: Seems actuarial representation is greater than could be randomly expected in road racing and track and field events.

Description: Discusses the International Section's Ambassador Program.

Description: In light of economic globalization, the author examines how well prepared actuaries are in the four key areas of teamwork, education, values and cultural empathy.

Description: Announces the first major grant awarded to the newly formed Society of Actuaries Foundation to fund the development, production, and distribution costs for a major book on financial economic theory as it applies to the work of actuaries.

Description: Announces appointment to position that will make Mr. Heitzman the actuarial profession's chief public policy liaison on pension matters.