Description: Highlights of recent media contributions by actuaries.

Description: Interview with Blaine Aiken to learn about recent developments in fiduciary responsibility and financial and retirement advice. New developments will extend the fiduciary requirements financial advisors are subject to. These developments are linked to changes in the code of ethics that apply to CFPs.

Description: This article advocates that DC plan sponsors implement programs of retirement income in their plans, and that actuaries are ideally qualified to help plan sponsors with that task. A program of retirement income offers a menu of choices to convert savings to income, along with appropriate communications to help retiring employees make informed choices.

Description: Discusses key issues to improve the retirement system in the U.S. in a primarily defined contribution environment. Focuses on age at retirement, how people retire, and covering risks including disability and longevity risk. Some ideas are feasible within current environment and some require policy change.

Description: Though some defined contribution plans have added retirement income options in the form of annuities, there is a challenge to retirees in deciding whether to select such options and if so the amount to purchase. This article discusses a variety of considerations that retirees should be aware of when making a decision to annuitize.

Description: In this video, Sherry Chan, an experienced actuary, provides insights into key aspects of retirement planning. She emphasizes the importance of understanding defined benefit plans and highlights three main categories: Single Employer Plans, Multiemployer Plans (MEPs), and Public Plans. Chan discusses the significance of ERISA regulations, crucial assumptions used in actuarial calculations, and contemporary events impacting retirement planning, such as legislative acts like the Social Act and Secure 2.0 Act. She stresses the importance of adhering to Actuarial Standards of Practice and encourages exploration of emerging trends in Retire Tech, which integrates Fin Tech and Insure Tech advancements. Chan concludes by recommending further resources for in depth knowledge enhancement. Contributors: Sherry Chan, FSA, EA< MAAA; Faith Wilson, FSA, CERA; Susan Boyle, FSA, EA, MAAA, FCA; Robert Shriver FSA, EA, MAAA, FCAS; Rebecca Janus, ASA; Jon Forster ASA, MAAA.

Description: This video features Sherry Chan a C – level executive and SOA board member. This video provides an overview of retirement plans, focusing on Defined Contribution (DC) and Defined Benefit (DB) plans. DC plans operate like personal savings accounts, with contributions from employee, employer, or both, while DB plans promise a fixed monthly benefit upon retirement. The script also discusses various retirement plan sponsors, including employers, government entities, and self-sponsors, highlighting their roles and responsibilities. Additionally, it discusses strategies for plan sponsors, such as choosing between lump sum payments and annuities, considering workforce demographics, managing administrative complexities, and staying compliant with regulations. Overall, it emphasizes the importance of understanding plan differences and making strategic decisions to ensure retirement for employees. Contributors: Sherry Chan, FSA, EA< MAAA; Faith Wilson, FSA, CERA; Susan Boyle, FSA, EA, MAAA, FCA; Robert Shriver FSA, EA, MAAA, FCAS; Jon Forster ASA, MAAA.

Description: Recent studies have suggested that teachers would be better off with DC or Cash Balance plans than with DB. Detailed data from CalSTRS support the opposite.

Description: Diverse Risks 2016 Call for Essays

Description: All we need is … a §401k - redesigned to • Leverage the fungibility of money • Consolidate to a lifetime, all-in-one plan • Create liquidity without leakage