Sentence examples for actuarial from inspiring English sources

It points to an actuarial valuation carried out by the trustees of the USS in March – a process that weighed up the value of the scheme's assets against the amount needed to pay pension rights already accrued, finding a £8bn shortfall.

As Steven Haberman, a professor of actuarial science at City University, in London, points out, if somebody retiring at 60 knew that he was likely to live to be 110, barring accidents, he would not want to take out life insurance and subsidise the less long-lived in society.

Currently, Britain's company pension schemes offer benefits worth £850 billion ($1.53 trillion), but the assets backing them are worth only £560 billion, according to Mercer, an actuarial firm.

All that may knock 20% off the value of the pensioner's pot, estimates Chris Noon of Hymans Robertson, an actuarial consultant.The unpopularity of annuities is in part due to the perception that they offer low returns.

According to TowersWatson, an actuarial consultant, 58% of all American pension assets are in DC schemes.

In Britain, the trend is still in its infancy, but research by Bacon & Woodrow, an actuarial consultancy, suggests that most Britons expect their company to switch to money-purchase or personal pension schemes.This shift in employer pensions, often known as the "second pillar" of retirement provision, mirrors that in the "first pillar", public pensions.

"We'd actually like some of them to start spending more time working than trading funds on the website," jokes Rita Metras, Kodak's director of compensation.But that is still not enough, thinks Lane Clark & Peacock, a British actuarial firm.

From the altar, an actuarial "no" campaigner brandished charts depicting the risks of independence.

Sanket Kawatkar of Milliman, an actuarial consultancy, says, "deals are made harder by the 1938 Insurance Act, which is out of date, the added complexity joint ventures create, and by the rules, which at the moment prevent foreigners from increasing their stakes".

Reuters, a worldwide news agency, bailed out its pension plan last month.FTSE 100 companies paid £10.5 billion into their pension funds in 2004 and probably "considerably more" in 2005, says Bob Scott of Lane Clark & Peacock, an actuarial firm.

He proposed that a doctor is really just a machine whose purpose is to make actuarial judgments about the best treatment for a patient.