Description: Tom Terry, FSA, FCA, MAAA, EA, who founded Chicago Consulting Actuaries in 1991, is interviewed by Sam Phillips in this article. The discussion explores how and why Terry started his own business, the opportunities and risks involved, innovations his firm has come up with, and the future of pension consulting. The article includes advice for those interested in starting their own business.

Description: Vision and mission are just two links between successful mountain climbing and launching a successful business. Clear objectives, solid strategies and thorough action plans are the other links. This article describes these parallels between mountain climbing and launching a successful business.

Description: The goal of the session was to provide actuaries with an overview of the experiences of being an independent actuary and several details to be considered when setting up your own business.