White Papers

Strategic Shields – LDI, CDI, and Liquidity Management

Introduction Building on our previous discussion of sequence risk, this chapter focuses on actionable strategies to mitigate its impact. We…

2 days ago

Modelling – Deterministic vs Stochastic

IntroductionMany actuaries and investment consultants provide trustees with simple projections to show where the financial status of the plan is…

2 weeks ago

Sequence or Returns Risk

This first installment in our whitepaper series introduces the foundational challenge facing mature pension plans: negative cash flow. When benefit…

2 weeks ago

Variable Annuity Pension Plans – Part 3

This is another type of defined benefit plan that provides lifetime income to the participants of the plan. Some have…

2 years ago

Traditional DB Plan Designs – Part 2

These plans have been around for a long time, but are now being viewed negatively by employers. Much of that…

3 years ago

Managing Risks in Retirement Plans – Part 1

Defined benefit (DB) pension plans have many risks and, unfortunately, these risks are not always addressed and managed appropriately. In…

3 years ago

Variable / Adjustable Pension Plans

This white paper discusses a couple of new adjustable pension plan designs available to plan sponsors and the rationale for…

5 years ago