It’s been six years since The Actuary sat down face to face with Paul Sweeting, despite his various editorial contributions to the magazine. During this time, he has worked as a managing director at J.P. Morgan Asset Management and as head of...
It’s hard to imagine a time when there was more uncertainty, at least in living memory. The most recent comparison is the global financial crisis that started in 2008. Then, nobody knew exactly what exposure the banks had, which threatened the stability for the global...
Although inflation seems to be edging up, there are still fears the UK will slip into deflation. This is important because deflation can be bad for the economy. However, one of the key reasons given for this assertion is that "if prices are falling, then...
The way in which investment returns behave when movements are more extreme has been a focus of financial modellers for some time. Approaches such as copula theory allow such features of returns to be modelled. However, it is also important to consider how the risk of...
Why did you choose to become an actuary? Initially, it was the challenge that attracted me, but I then found that I actually enjoyed the job. I wanted to work in an area that required maths, but I soon found that being able to do the numbers was only a small part of...
A lot has been written about the impact that a change from RPI to CPI would have on pension scheme members, the financial markets and the wider economy. There has also been much comment on the differences between the calculation of these indices. But which...
