AAE News
The impacts of rising inflation and interest rates volatility on Swiss pension funds liabilities
26 March 2024
In an ever-changing pension world, pragmatic actuarial creativity will continue to be required…
article by Aurélie Furet
Aurélie Furet is an actuary at CPEG (Caisse de prévoyance de l’Etat de Genève). |
The Swiss pension system is based on 3 pillars. The 2nd pillar, based on capitalization, relates to occupational benefits. It covers the risks of retirement, disability, and death. At the end of 2022, it represents 1.353 pension funds (-35% in 10 years), with 4.6 million active insured members (+18% in 10 years) and assets of 1.066 billion (+58% in 10 years).
Disclaimer:
This column represents the opinion of the author, and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 37 – March 2024
> Read moreAAE publishes discussion paper ‘Risk Mapping for Social Security Pension Systems’
25 March 2024
Today the AAE issued a press release with respect to the publication of the AAE discussion paper ‘Risk Mapping for Social Security Pension Systems‘.
The press release is available here.
> Read more
3-year strategic plan: the AAE rises to the challenge
21 March 2024
THE AAE RISES TO THE CHALLENGE
by Giampaolo Crenca
Giampaolo Crenca is Chairperson for the Actuarial Association of Europe |
With a sense of continuity that takes into account all the work that has been done in recent years, the new Board of the Actuarial Association of Europe (AAE) is looking to the future and implementing a very important 3-year strategic plan. This plan builds on a significant goal which I presented in my maiden speech as Chairperson in Cologne last October: ‘to develop the actuarial profession from all points of view, from a global perspective’
This article was published in The European Actuary No. 37 – March 2024
> Read moreAAE submitted a response to EIOPA’s consultation on the prudential treatment of sustainability risks
AAE submitted a response to EIOPA’s consultation on the prudential treatment of sustainability risks.
AAE’s submission can be found here.
> Read moreThe Italian Actuarial Congress: a step forward towards the global actuary
19 March 2024
The global actuary project is proceeding well and actuaries are ready to take this direction in future
article by Giampaolo Crenca
Giampaolo Crenca is President ISOA, Past President Italian Actuarial Council, Chairperson AAE, member of the ECA Steering Committee. |
The XIV Italian Actuarial Congress was held in Milan from 15 to 17 November 2023. The full title of the event embodies its ambitious contents and goals, and communicates the fact that they are both current and forward-looking in nature: ‘The global actuary for a sustainable world: tradition, innovation and emerging risks’.
Disclaimer:
This article represents the opinion of the author, and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 37 – March 2024
> Read more