Society of Actuaries Releases Retirement Decision Series Designed to Assist Individuals Nearing Retirement
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S. Michael McLaughlin Takes Office as 61st President of the Society of Actuaries
The Society of Actuaries announces that S. Michael McLaughlin, FSA, CERA, MAAA, FIA, is the 61st president of the SOA. He assumed this role at the recently concluded Annual Meeting, attended by over 1,900 participants, in Boston. McLaughlin will focus on enhancing communications with all stakeholders - members, candidates, employers and recruiters throughout North America.

Inflation Ranks as Today's Top Retirement Concern, as Reported in New Survey
According to the Risks and Process of Retirement Survey Report, a new study from the Society of Actuaries (SOA), inflation is the top retirement concern. The report identifies other concerns among pre-retirees and retirees and offers actuarial approaches to manage those risks.

Tom Tomczyk Joins Buck Consultants Health and Productivity Practice
40-year veteran of the actuarial and benefits consulting industry joins Pittsburgh office of Buck Consultants

American Academy of Actuaries Underscores Position: Severing Individual Mandate from Market Reforms Will Lead to Adverse Selection
WASHINGTON, March 27, 2012 /PRNewswire-USNewswire/ -- The American Academy of Actuaries today reiterated its position on the issue of severability stated in its amicus curiae filing as the U.S. Supreme Court prepares to hear oral arguments on whether, in the Patient Protection and Affordable Care Act (PPACA), the guaranteed-issue and community-rating provisions can be severed from the Act's individual mandate. (Logo: ) In its January 27 amicus brief, the Academy informed the Court that, "However the Court rules on the constitutionality of the individual-mandate provision … the guaranteed-issue and community-rating provisions should stand or fall together with it."  This judgment stem ...

The Building Blocks of Life Insurance
What Is Life Insurance Life insurance provides protection against financial failure resulting from death

Career in Actuarial science
Education sector is growing at a great pace and constantly adding to the growth of the country. The sector of education is always in the stage of development, due to adoption of new techniques and education forms from the foreign countries. The students are always in the search of new fields, which could add to their skills and explore their opportunities in one or the other productive ways. The main aim of getting educated for a student is to earn a respectable amount of salary and frame for himself a bright career route leading to prosperous future. The school and college education these days, are also aimed at the growth of the students. Many new career prospects are coming and grabbing the interest of a large number of students.

Understand Actuary's Effect on Life Insurance
Actuary is one of those insurance words that makes people want to run the other way Although you don't need to know it in order to compare term life insurance policies, it's not a bad idea to know how life insurance companies manage their business using actuarial data