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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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To Brace for Impact…or Not? That is the question.



Some are celebrating. Some are stunned. Others are scared. Following the announcement that Donald Trump has become the 45th president of the United States, we have formally concluded the highly publicized and arguably most controversial and unconventional U.S. presidential election race in history.…

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