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Governance and Oversight: Fiduciary Imperatives in a Volatile Era (PDF)
First Actuarial Consulting Team [FACT] Link to more items from this source
Oct. 30, 2025

"Stress testing and scenario analysis are essential tools for trustees and investment committees seeking to understand how pension plans will perform under adverse market conditions. These methodologies help quantify vulnerabilities, guide strategic decisions, and ensure that plans remain solvent and resilient, even during economic shocks.... As pension plans mature, the divergence between active participants and retirees becomes more pronounced -- not just demographically, but financially.... This structural imbalance demands a differentiated investment approach."  MORE >>

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