Description: This essay explores the role that the emerging defined contribution retirement system may be playing in the growth of wealth inequality in the United States. The current system leaves many Americans with little or no retirement savings. Those with higher accumulation levels appear to invest proportionally more in equities, which may have an exponential effect of balances over long time periods. The author hypothesizes that willingness to take investment risk involves the relationship between the amount an investor has accumulated and what she/he needs in order to cover basic costs of living. This is one reason that investors with greater accumulation levels may be able to earn higher rates of return. The essay concludes by suggesting that the U.S. defined contribution system should include all workers and provide additional fiduciary guidance. Examples reforms, both in the U.S. and other countries, are provided.

Description: The chairperson reviewed the accomplishments from the prior year and provided a preview of upcoming events.

Description: In this article chairperson Anthony Dardis takes a look back at the achievements of the Investment Section Council halfway through his tenure as chair.

Description: This article contains the treasurer's report from the Smaller Insurance Company Section Council meeting at the 50th Annual Meeting in San Francisco.

Description: The transition from personal producer to manager/leader is a shift that can be difficult for many professionals, including actuaries. Appreciating and understanding the fundamental differences between the two roles is critical to success.

Description: SOA International Section Council 2012 accomplishments

Description: Christine Hofbeck began her actuarial career in retirement consulting, but after a few decades, a few practice areas, a bestselling book and a stint on a reality television show, she found herself in the world of reinsurance. Reinsurance News talked with her to learn more about her background, her advice to other actuaries, and her outlook on the future of the profession.

Description: Discusses the impact Culture has on a team through review of Daniel Coyle's book "The Culture Code". Highlighting application of Daniel's "Ideas for Action" in the author's work & personal life.

Description: This article provides key themes of effective project management and case studies to illustrate their successful application. Key learning outcomes are: • To understand project management goals and key themes for success • For students, be empowered to manage. For managers, empower students to develop project management skills in tandem with their technical skillset

Description: Interview with the current Chair of the Retirement Section Council, describing the work of the Council and other topics.