According to Benefits Pro.com, life insurers will have to prepare for the possibility that the life span of life insurance policyholders, annuity holders and pension plan participants could fall. Questions: According to the article, the provisional life expectancy at birth in the first half of 2020 was at its lowest level since what year? Is… Read more »
Posts Tagged: Pension plans
Investigation into the Appearance of Wrongdoing
A finding that Leon Black, the billionaire boss of Apollo Global Management, paid the convicted sex offender $150 million. This touched off an attempt to remove him. Questions: What is Apollo Global Management? Who tried to unseat Leon Black as CEO? What act of contrition does Black plan for his role in giving money to… Read more »
Dutch Treat?
According to the New York Times, “Dutch pensions are scrupulously funded, unlike many United States plans, and are required to tally their liabilities with brutal honesty, using a method that is common in the financial-services industry but rejected by American public pension funds.” This article discusses the Dutch belief that each generation should pay its… Read more »