Bob Dylan

Posted on December 31st, 2014 by Actuarial Solutions

When I was a kid growing up, my parents played music from the 1960s.  In some sense I was lucky that much of it was by great artists that pioneered rock and roll.  For some reason, the Beatles never really stuck with me – sure they have some great songs, but I was never hooked […]





Bad Idea #11 – ORPP – Comparable Plans

Posted on December 31st, 2014 by Actuarial Solutions

    On December 17, 2014, the Ontario Government published its consultation paper on key features for the Ontario Retirement Pension Plan (ORPP).  Basically, although the current Government is committed to some sort of quasi-universal program for Ontarians, they still have no idea how to design it.  I won’t spend time here explaining how bad […]





Bad Idea #17 – Strike Three

Posted on August 13th, 2014 by Actuarial Solutions

In October 2013 I wrote about why expanding the CPP is a bad idea and in December 2013 I followed up with a numerically detailed commentary based upon the recently released 26th Actuarial Report on the Canada Pension Plan Prepared at December 31, 2012.  I was anticipating that this would be my third and ideally […]





De-risking Part 11

Posted on July 28th, 2014 by Actuarial Solutions

Eighteen months ago I wrote a commentary on the subject of de-risking.  I was careful to remind clients that we do not give investment advice.  I was also careful not to suggest that the de-risking trend that was growing in popularity was the ‘smart’ choice.  I was careful for two reasons, first, investment policy is […]





Active vs Passive Management

Posted on June 4th, 2014 by Actuarial Solutions

I regularly remind our clients that Actuarial Solutions Inc. does not give investment advice.  We don’t give investment advice for two reasons – the first is that we aren’t insured for any investment advice that a client decides with 20/20 hindsight was bad advice.  Second, I remain skeptical that anyone on our team has special […]