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Posts from the ‘Defined Benefit’ category

Time for a Defined Benefit Revolution!



There is little doubt that 2016 will go down in history as a year of revolutionary change. Within the past twelve months: Voter dissatisfaction with business as usual surprisingly trumped all other issues in the US presidential election. UK voters opted to Brexit from the European Union (which very…

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Diminishing Return Expectations for Defined Benefit Sponsors



I began my actuarial career in the mid 1990s, a time when the only things larger than expected investment returns were eyeglasses and mobile phones. I can still recall developing spreadsheets based on the lofty return expectations of the era projecting that my rapidly compounding 401(k) would make…

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