Food Myths

I got this from my son Faeez and would like to share it with my readers. I must caution you that this has nothing to do with actuarial science or finance.

Every other week, new research claims one food is better than another, or that some ingredient yields incredible new health benefits. Couple that with a few old wives' tales passed down from your parents, and each time you fire up your stove or sit down to eat a healthy meal, it can be difficult separating food fact from fiction. We talked to a group of nutritionists and asked them to share the food myths they find most irritating and explain why people cling to them. Here's what they said.

Pension Funding Deficit Reaches 50-Year High — Should You Be Worried?

In light of the recent Malaysian 2012 Budget, this article is relevant not only for consideration of private pension planners but also to the Malaysian Government Pension Department (Bahagian Pasca Perkhidmatan JPA). Defined Benefit plans give pensioners guarantees of income during retirement until death but the ability to pay depends on mortality and investment return.

The market swoon in last month didn’t just hurt your portfolio, it also clobbered corporate pensions. The total deficit of U.S. pension liabilities increased by $134 billion to $512 billion as of September 30, according to worldwide HR consulting firm Mercer. The reported deficit compares pension liabilities to assets in pension trusts for defined benefit retirement plans sponsored by S&P 1500 companies. The increase in the deficit results from a combination of stock market declines and decreases in yields on high-quality corporate bonds during the month. (Pension liabilities rise when interest rates fall, due to reduced expectations for future investment earnings).

Read more: http://moneywatch.bnet.com/retirement-planning/blog/money-life/pension-funding-deficit-reaches-50-year-high-should-you-be-worried/5407/#ixzz1aLgta0JB