Description: The article endorses broader use of lifetime income in DC plans. It explains why the use of DB plans will continue to decline. The article points out that plans sponsors will not willingly take on additional ERISA fiduciary exposure. The article endorses three regulatory reforms that would increase the use of lifetime income in DC plans. 1. A robust annuity issuer safe harbor that would free employers from fiduciary exposure for putting an annuity provider on the DC platform. 2. A requirement that a plan offer a lifetime income option to qualify for the 404(c) safe harbor. 3. A revision to 404(c) to allow plan sponsors to allocate part or all of the employer match to lifetime income.

Description: The potential impact and effects that artificial intelligence might have on life insurance companies.

Description: Why Actuaries Should Welcome Automation

Description: Disruptive innovation are revolutionising many indusrties. How will it affect insurance?

Description: This article charts out a basic framework that should be utilized when undergoing optimization of reinsurance arrangements.

Description: This article provides a view on financial market dynamics and how this view can be applied to the Japanese public equity markets today.

Description: Gives an overview of the main product features of Indexed Universal Life, and describes marketing factors contributing to high growth in sales.

Description: Practical insights from Joe Nunes on planning in business.

Description: This article is the first of three parts in helping you to move forward when your career growth seems to be stalled. In this part, help you discover WHY your career has slowed and then move on to the WHAT and HOW in parts 2 and 3.

Description: This article considers ways actuaries can meet the growing demands of senior executives by redefining their role and the actuarial operating model.