AGM and Evening Meeting: Economic assumption setting in Actuarial Standards – right or wrong?
The Society currently issues guidance, through its Actuarial Standards of Practice, on the economic assumptions to be used by actuaries in fulfilling various duties. Is this guidance appropriate? Does it go far enough? Does it go too far? Opinions vary. The speakers – who come from different practice areas - will briefly outline different answers to these questions. The discussion will then be thrown open to the floor in an attempt to canvass members' opinions on this important subject.