CategoryResearch

How actuaries can help manage longevity risk

Longevity risk is the danger that we outlive our retirement savings. This involves the ensuing challenge to maintain the standard of living that we are accustomed to or afford the ever-increasing health care and retirement housing costs. Can actuaries help the public avoid this issue?

Researchers’ attempt to analyze the efficacy of PfADs implemented by Canadian pension jurisdictions

Pension stakeholders, including the CIA, have had concerns about the lack of harmonized regulatory processes across Canada for many years. Canada has moved to a new funding regime for defined benefit (DB) pension plans aimed at strengthening the going concern funding requirement through the addition of a funding margin, known as the provision for adverse deviations, or PfAD. Jurisdictions across...

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