Monday, June 30, 2008
The CFA Institute has published a Code of Conduct for Members of a Pension Scheme Governing Body. The Code is intended to guide the behaviour of individuals sitting on governing bodies of pension schemes worldwide (ASIP has contributed, among others), which is why its principles are worded rather generically (see IPE story). Go to the comments section for more detailed explanation.
Sunday, June 29, 2008
Is this man the nemesis of funded retirement systems? At any rate, Aubrey de Grey's work on life extension by regarding ageing as a curable disease gains increasing attention and traction, as witnessed by a veritable burst of recent media coverage such as Wired's. If his claim that life expectancy of about 120 years may be achievable to currently living generations, this would indeed pose a major challenge to retirement systems which rely on predictable mortality tables that shift slowly. Hence this space is certainly worth while watching for black swan risks.
Thursday, June 19, 2008
The CFA Institute, EFFAS and the IASC Foundation are hosting the first XBRL conference for Investment Professionals in London on 26 September 2008. Thanks to the recent rule proposals of the US SEC applicable to corporate filers and mutual funds, there should be a lot of interest in that topic. Registration is now open!