Benefit over the long term

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Life & Pensions: What is an appropriate risk measure for US pension plans?

Robert North: First of all, my comments are my own opinions and not those of New York City (NYC) or the NYC Retirement Systems. Before one talks about risk, one should note that plans operate under policies: benefit, investment, funding and accounting policies. And the basic equation that governs all pension finances is that contributions plus investment income pay for benefits plus expenses. The question is, if you've

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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