Consensus on the potential impact of population aging on asset values varies from the benign to the extreme. Despite little consensus, the effect of population aging on investment returns remains a hot button topic within academic literature.
Infrastructure investments
Infrastructure investments are an asset class that can provide additional investment options for both insurance companies and pension plans. To learn more about these investments, we are joined by Caroline Grandoit, ACIA, FSA, who will outline the characteristics of these assets, their risk-return profile, how they can be used by actuaries, and what impact the current pandemic could potentially...
Canada’s actuaries support a standard and open framework for disclosure of ESG risks
Ottawa, November 30, 2020 – The Canadian Institute of Actuaries (CIA) supports Canada’s eight largest pension funds in their call for companies to undertake consistent and improved disclosure of environmental, social, and governance (ESG) factors according to the Sustainability Accounting Standards Board and the Task Force on Climate-related Financial Disclosures. Improved ESG disclosure will...
The impact of longevity annuity provision on Canadian retirement income planning
Longevity annuities can be a useful tool in retirement planning. In line with this, the 2019 federal budget allowed for the purchase of advanced life deferred annuities (ALDAs). A recently completed CIA research paper takes a closer look at longevity annuities and how they fit in with Canada’s tax rules and retirement system. In this episode, we speak to Rui Zhou, ACIA, one of the paper’s authors...
Classification of Risk-Sharing in Pension Plans
The emergence of target benefit pension plans has led to a renewed attention to the concept of risk sharing. But according to Doug Chandler, FCIA, risk sharing in the pension space is not a new idea. Listen to Doug discuss his recently released paper, jointly sponsored by the CIA and the SOA, in which he takes a closer look at the different ways in which risk sharing takes place within the...