On December 1, 2020, the rules governing the calculation of pension commuted values will change. Gavin Benjamin, FCIA, joins us to discuss the upcoming changes, the reasons behind the revised rules, and how they could affect pension plan members. Read the revised standards A French version of this episode is also available. Chris: Welcome to a special edition of Seeing Beyond Risk from the...
Economic considerations in the time of COVID-19
In this article, Mary Stock and Trudy Engel discuss a few key considerations that relate to the economic assumption setting process in these unprecedented times and will highlight a few CIA documents that may be worth reviewing.
COVID-19 and actuarial standards
As we collect our thoughts for our actuarial memoirs about how we survived the pandemic of 2020, a question may arise as to how we met our professional obligations during these unsettling and unexpected times.
IASB affirms extension of IFRS 17 effective date and IFRS 9 temporary exemption for insurers to January 1, 2023
At a meeting on March 17, 2020, the International Accounting Standards Board (the Board) recommended delaying the effective date of the IFRS 17 Insurance Contracts to January 1, 2023.
Actuarial Standards Board – pension priorities
There is more activity related to Standards of Practice right now on the pension front than there has been since the days when pension standards were originally being developed.
