Monday, October 17
Session 8: JRM Section Hot Breakfast – Emerging Risks
Session 13: Opening General Session
Session 17: Is the Arithmetic Mean of Past Returns the Best Estimate of Expected Return?
Session 32: Investment Risk and Return – Theoretically Related – Empirically Not So Much
Session 41: Improving Liability Benchmarks and Pension Risk Management
Session 52: Update on Pre-Qualification and Continuing Education
Tuesday, October 18
Session 56: Education & Research Section Continental Breakfast
Session 62: The Long Run Volatility of Stocks Might Be Higher Than You Think
Session 81: Systemic Risk – Early Warning Indicators
Session 84: Presidential Luncheon
Session 89: How Regulation of Risk Can Affect Risk
Session 99: Rapid Retirement Research Initiative
Wednesday, October 19
Session 114: Investment Section Hot Breakfast – Statistical Arbitrage Is Not Arbitrage
Session 125: Actuarial Efficiency in Modeling and Valuation
Session 132: Looming Demographic Trends and Their Investment Implications
Session 147: ERM – Challenging Old Paradigms – Considering the Human Element
Note: I was the pension representative on the annual meeting planning committee this year.
Sunday, October 16, 2011
Monday, October 10, 2011
The aggregate deficit in pension plans sponsored by S&P 1500 companies increased by $134 billion during September, from a deficit of approximately $378 billion as of August 31, 2011, to $512 billion as of September 30, according to new figures from Mercer. This deficit corresponds to an aggregate funded ratio of 72% as of September 30, compared to a funded ratio of 79% at August 31, 2011. [...] "The end of September marks the largest deficit since we have been tracking this information," said Jonathan Barry, a partner in Mercer's Retirement Risk and Finance business.