In Search of Excellence
Nominations are now open for the Academy's annual member awards. The Robert J.
Nominations are now open for the Academy's annual member awards. The Robert J.
Nominations are now open for the Academy's annual member awards. The Jarvis Farley Service Award is presented annually to an Academy member whose volunteer efforts on behalf of the Academy have made significant contributions to the advancement of the profession. The Robert J.
Academy Members are invited to nominate themselves or others for consideration as a candidate to be a regular director on the Academy's board of directors. Please submit your nomination to the Academys Nominating Committee via the online form.
The Life Financial Reporting Committee completed its draft of its Practice Note detailing practices on the purchase method of accounting on VOBA, goodwill and other intangible assets under Generally Accepted Accounting Principles commonly referred to as Purchase GAAP and is exposed for comment until June 2.
The Contingent Annuity Issues Work Group responded to questions from the NAIC regarding the reserving and capital requirements for contingent annuities
The Principle-Based Reserve Strategy Subgroup submitted comments on the exposed Feb. 17, 2014, Report of Rector & Associates, Inc. to the Principle-Based Reserving Implementation (EX) Task Force.
The Academy has joined the National Retirement Planning Coalition, which is sponsoring National Retirement Planning Week® 2014 from April 7 to 11. “By stepping up to join the coalition and participate in National Retirement Planning Week, the Academy hopes to amplify its message that planning early and carefully for retirement security is essential,” said Academy President Tom Terry.