Lifetime Income—Risks and Solutions

March 7, 2012
Noon–1:30 p.m. Eastern

During this webinar, attendees learned about the risks of inadequate lifetime income, current options to address the risk, the range of policy solutions to help retirees better prepare for managing lifetime retirement needs, and new initiatives underway within the Academy to advance the discussions surrounding longevity risk. Attendees also learned about the characteristics of lifetime income risk, important steps recently taken by the federal government designed to enhance lifetime retirement security, and how the unique skills of the actuarial profession can contribute to solutions.

MODERATORS

• Nancy Bennett, MAAA, FSA, CERA
  Senior Life Fellow, American Academy of Actuaries
• Donald Fuerst, MAAA, EA, FSA
  Senior Pension Fellow, American Academy of Actuaries

PRESENTERS

• Noel Abkemeier, MAAA, FSA
  Co-Chairperson, Lifetime Income Risk Task Force
• Tonya Manning, MAAA, FSA, FCA, EA
  Co-Chairperson, Lifetime Income Risk Task Force

CE CREDIT

The American Academy of Actuaries believes in good faith that your attendance at this live webinar, “Lifetime Income—Risks and Solutions,” may constitute, depending on your area of practice, an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States. Under these Qualification Standards, an hour of continuing education is defined as 50 minutes, and fractions of an hour may be counted.

JBEA CPE Credit

The Joint Board for the Enrollment of Actuaries (JBEA) has approved the Academy as a qualifying sponsor of continuing professional education (CPE) programs for enrolled actuaries.

If you are an enrolled actuary, the Academy believes in good faith that you may earn 1.8 CPE non-core credits under the JBEA rules for attending this live webinar. However, the JBEA ultimately determines what constitutes core and non-core continuing education and the number of CPE credit hours allocated to same for enrolled actuaries. During the live webinar, instructions will be given to attendees on the process for obtaining certificates of attendance.

To constitute formal CE under the JBEA regulations, there must be three (3) or more people involved in substantive pension services physically present with you at your webinar location.