Description: This article discusses the value of policy update programs for life insurance to reflect more current assumptions. One Update program was featured and the article shows the lapse experience of those that accepted the update and those that rejected the update confirm the value of UPDATE programs.

Description: This article gives an overview and explanation of behavioral finance.

Description: This article is a summary of the authors’ two other articles where they discuss pension systems and whether they do in fact distort retirement decisions.

Description: This paper focuses on when and how we retire.

Description: From the 2010 Long Term Care Think Tank Session, a summary on the activities and findings of the Committee on Post-Retirement Needs and Risks, which focuses on understanding and mechanisms to assist in the distribution phase of retirement, by developing middle market consumer profiles, managing post-retirement risks, surveys and studies.

Description: This article discusses the different types of attitudes toward risk based on the prevailing economic climate.

Description: Article provides an excellent summary of the importance of mathematics, computer models for determining the future for human-based financial security models, and the importance of recognizing how human behavior effects the financial security program.

Description: Risk management techniques do not include system science. System science requires that the uncertainty of the world is incorporated into the results. The articles explains the difference between risk and uncertainty. Learn how risk practices create an overoptimistic view of future outcomes.

Description: The author describes two papers that find that stock returns in the 15 days around the new moon are double the stock returns in the 15 days around the full moon. Is this true, even though psychological studies have established no causal link?