Session Information
SOA - Life Spring Meeting 2007
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Retirement Products - How the Insurance Industry is Addressing Solutions to Longevity Risk
Track : Sessions
Program Code: 14
Date: Thursday, May 10, 2007
Time: 10:00 AM to 11:30 AM  
Location: Grand Sonoran Ball AB
MODERATOR :
Christine E. Dugan, FSA, MAAA, Consulting Actuary, Milliman, Inc.
SPEAKER (S):
John M. Fenton, FSA, MAAA
Kim McSheridan
Stephen Ryan Turer, FSA, MAAA
Description
There has been much publicity concerning the need for retirement planning and the risk of outliving
assets. While various investment instruments are available to those planning for retirement, is the
insurance industry adequately recognizing the needs of consumers?
This session will describe the current marketplace for retirement planning products, along with an
overview of how other countries/territories are addressing this need.
You will learn about:
• Current retirement products available in the market (immediate annuities, living benefits on
variable annuities, etc.);
• How these products compete with alternative investments;
• The potential market share for such products, along with recent sales trends;
• How global markets are addressing consumer needs (e.g., the U.K.); and
• The possible future direction of these products.


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(Code: 014)
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