Free Continuing Professional Development


Here is this month’s free archived webcast:

The Implications of a Low Interest Rate Environment on the Retirement Landscape

Speakers:
Malcolm Hamilton, senior fellow, C.D. Howe Institute
Doug Chandler, Canadian retirement research actuary, Society of Actuaries
Faisal Siddiqi, principal, pension consultant and actuary, Xerox

Interest rates have been declining for a quarter of a century and are now at their lowest levels in Canadian history. While there may be fundamental reasons to believe that nominal interest rates cannot fall far below zero, there is no reason to expect that rates will recover quickly, or that we will ever again see the double-digit rates of the 1980s and 1990s. Actuaries and pension plan sponsors must give serious consideration to the prospect of low interest rates for the remaining lifetime of the current workforce. This does not simply mean that saving for retirement will be more expensive. It requires reconsideration of fundamental choices around reliance on funded pension plans, tax deferral strategies, and plan design. Hear experts challenge your basic beliefs about the future.

To access the webcast, click here and login: https://cia-ica.adobeconnect.com/p6o1ylk6h03/

Canadian Institute of Actuaries/Institut canadien des actuaires
http://www.cia-ica.ca/