Description: Investment Fallacies: Gambler’s Fallacy: Probability of Reversion

Description: Social Security provides financial protection by annuitizing retirement. This is not enough for many. My idea creates an additional annuity via Social Security.

Description: New Zealand is about to launch its first variable annuity with guaranteed lifetime withdrawal benefits. The product design is mindful of the lessons from the financial crisis in the United States, Europe and Japan.

Description: Investment Fallacies: The Fallacy of Independence

Description: Investment Fallacies: A real-world approach to Value at Risk

Description: Read the February 2017 issue of Risks and Rewards published by the Investment Section.

Description: Investment Fallacies: The Myth of Time Diversification

Description: Investment Fallacies: Future Equity Returns

Description: In this video Eric Milner, ASA MAAA explores financial risk management and hedging strategies, catering to both seasoned professionals and newcomers. It covers essential topics such as hedging techniques to stabilize portfolios, determining optimal hedging rations, and assuring risks using metrics like Value at Risk (VaR). Additionally, it delves into various risk management categories including credit, interest rate, foreign exchange, equity, volatility, and liquidity, emphasizing the importance of understanding these strategies for maintaining financial stability in dynamic markets. Contributors: Eric Milner, ASA, MAAA ; Fiona Fan FSA, MAAA; Emelia Bruera, FSA; Jon Forster ASA, MAAA

Description: Investment Fallacies: Simulation of Long-Term Stock Returns: Fat-Tails and Mean Reversion