Announcement: SOA congratulates the new FSAs for September 2024.
Announcement: SOA releases July 2024 Exams FAM, FAM-L, and FAM-S passing candidate numbers.
The presenters discuss solutions to difficult ethical dilemmas faced by pension actuaries in their day-to-day practices. This session will focus on balancing various ethical considerations, conflicts between different ethical rules, and conflicts between the actuary and a client.
Learning Outcomes:Attend this session and you’ll:
Have a better understanding of the different ethical issues to consider when working with a plan sponsor on assumption setting.
Be reminded of Actuarial Standard of Practice (ASOP) 41 and responsibilities related to assumptions and methods used within an actuarial report.
Learn about recent revisions to ASOP 27, Selection of Economic Assumptions for Measuring Pension Obligations, and ASOP 35, Selection of Demographic and Other Noneconomic Assumptions for Measuring Pension Obligations, which become effective on August 1, 2021, including implications for pension actuaries.
Track: Safeguarding Populations
1.20 SOA CPD
1.00 CIA