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The Actuarial Foundation proudly co-sponsored with the Society of Actuaries and the American Academy of Actuaries, The Great Controversy: Current Pension Actuarial Practice in Light of Financial Economics Symposium held in Vancouver, B.C., Canada, June 24-25, 2003. In recent years financial economics has changed the way we look at liability measurement and investment strategies. Some argue that these developments should affect how actuaries value pension plans in fundamental ways. If so, how? The papers presented as part of this symposium addressed the possible intersection of the financial economics model and the pension valuation mode. This symposium was held in conjunction with the Society of Actuaries Pension/Health Spring Meeting.
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