A quick yet robust overview of the high points of this issue's columns and articles.
New Column! Perspectives from Anna
Anna Rappaport, FSA
Thoughts and resources to stimulate our thinking about the dynamic nature of retirement adequacy. How much is enough? What does “enough” mean?
Can Pensions Be Valued As Marketed Securities?
Lawrence N. Bader, FSA
Market pricing of liabilities is central to the financial economics model of pension plans and yet many actuaries question this approach. Larry Bader responds to this question.
Retirement Decisions: Avoiding Dangerous Assumptions and Missteps
Anna M. Rappaport, FSA and Susan S. Spraker, PhD
Anna Rappaport, actuary and tireless advocate for retirement security issues, and Susan Spraker, nationally recognized financial planner, revisit Major Knowledge Gaps about retirement shown from research and seven Laws of Successful Retirement from a 2008 SOA Annual Meeting session.
A review of the 2008 Future of Life-Cycle Savings & Investing Conference
Anne Button, FSA
Anne Button reports—and reflects—on the rich and diverse findings and viewpoints presented at the October, 2008 Future of Life Cycle Savings and Investment Conference at the Boston University School of Management.