The Society of Actuaries (SOA) has published a new edition of Life Insurance and Modified Endowments Under Internal Revenue Code Sections 7702 and 7702A. This textbook for actuaries and tax attorneys focuses on federal income tax treatment of life insurance contracts in the United States. This second edition takes into account Internal Revenue Service guidance released after the original edition and incorporates changes with life product taxation.
The SOA CPD Tracker now includes a new crowdsourcing feature, which allows actuaries to submit an activity for others to easily search and add from the continuing professional development (CPD) catalog. Actuaries have entered more than 43,000 CPD hours into the tracker during the past few months. The SOA CPD Tracker is a free Web tool and downloadable application for actuaries to manage their CPD.
What does the future of business look like? Philip Evans gives a quick primer on two long-standing theories in strategy—and explains why he thinks they are essentially invalid.
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