White Papers

Governance and Oversight – Fiduciary Imperatives in a Volatile Era

Introduction In our last chapter, we examined how investment strategy can be aligned with liability needs. This final installment addresses…

9 months ago

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…

10 months 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…

10 months 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…

10 months 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…

3 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…

4 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…

6 years ago