With yields hitting historical lows, the emergence of negative interest rates has become a more real possibility. In this episode, economist Jake Meyer, PhD, provides insight into how North American financial markets could be affected by negative yields. Marshall Posner, FCIA, also joins the podcast to look at the potential impact on pension practice and the computation of commuted values.
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...
Actuaries are experts in financial risk management, a constantly changing field that must be well regulated to protect the Canadian public. We have a duty to share our knowledge with decision makers. By taking a frequent stand on relevant topics, we also make our voices heard and engage in essential discussions for society.
Learn about the Real Time Delphi method for developing estimates of future economic variables.