Description: The SOA president emphasizes the importance of actuaries maintaining their level of professionalism by always striving to inform and prepare the decision maker with all the possibilities, not just the quick answers or the minimum level of disclosure.

Description: This author makes a few suggestions for how the ASB can improve the way it defines and sets standards of practice in light of the challenges actuaries face today. The author believes that ASOP's hould be promulgated by the ASB ony after a thorough process that goes beyond codifying existing practices.

Description: This article is written in response to the article that appeared in the February/March issue of The Actuary entitled Better Standards for Setting Standards written by Dave Kass. It discusses the process itself, the time it takes to develop or change standards and how quickly new ideas should be incorporated in the standards.