The Rolling Stones are back on tour this fall, despite the recent passing of drummer Charlie Watts, proving that old age and impending mortality don’t have to be impediments when it comes to being a rock star. But they’re not the only ones. Several performers from the classic rock can still be seen making new music and touring, even as they reach ages when most of us hope to be well into...
As global citizens and professionals, actuaries need to give some priority to a climate-sensitive, sustainable future and help enhance collective financial and societal well-being. COP 26 signatories drive political decisions, but the details at implementation level is what will matter for actuaries, so they should be prepared to participate in the formulation of clear, consistent, and...
In Canada, pension promises made to employees by employers are not guaranteed by insurance contracts. What happens when an employer goes out of business and a pension plan becomes wound up? Scenarios like this often run the risk that the assets set aside to deliver the promised pensions may not be sufficient. The question begs: Is there is a better approach to addressing underfunded pension plans...
More and more pension plan participants are entering the decumulation phase of their lives, with a significant proportion of their retirement assets in a DC plan or savings plan such as an RRSP. Is there a way they can continue to reap the benefits of pooling assets for this second phase of their financial life? Some DC plan sponsors are currently addressing the issue and considering adopting...
It is somewhat rare for actuaries to make appearances in pop culture. Not unlike large segments of regular society, the profession remains fairly unknown to the entertainment industry – but not unheard of entirely. Chris Fievoli breaks down actuaries and their roles – both great and small – in the cinematic universe.
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