Michael Senoski Michael Senoski is Vice President and Investment Director at Pyramis Global Advisors, a Fidelity Investments company. In this role he is involved in the product development, analytical support and overall marketing for liability-driven investing (LDI). Prior to his current role, Mike was Vice President and Investment Product Manager responsible for products and services for Fidelity Pension Advantage, Fidelity's bundled investment management platform for defined benefit plan sponsors. Prior to joining Fidelity, he spent over 20 years as a pension consultant for a major international consulting firm, Mercer Human Resource Consulting. His particular area of interest was the actuarial evaluation of defined benefit pension liabilities and design of appropriate investment strategies. Michael earned a Bachelor of Arts degree from Boston College. He is a Fellow of the Society of Actuaries (FSA) and CFA charterholder.
MICHAEL SENOSKI | TUESDAY, 1 JAN 2008 Pension liabilities are long-term cash flow obligations of the plan sponsor. Financial accounting and US federal funding standards require that these liabilities are to be valued based on a high-quality bond yield curve. The purpose of this paper is ... Read more PAGE: 1 |
Latest News
Taxpayers to foot Age Pension if super turned into ATM: SMC
New modelling by the Super Members Council (SMC) has shown One Nation's superannuation policy could leave taxpayers on the hook to pay up to double the amount taken out.
Super turns a safety-net retirement into a comfortable one: ASFA
A comfortable retirement for a couple who own their own home now costs $1513 a week, according to the latest Association of Superannuation Funds of Australia (ASFA) Retirement Standard, which found that super remains key to comfortable retirement.
Trust emerges as key drivers of super fund loyalty
Superannuation fund members are becoming more purposeful in their interactions with funds, while trust has emerged as the clearest driver of loyalty and advocacy, according to new CoreData research.
Three super funds fined for misleading investment options
Three industry superannuation funds - Australian Retirement Trust (ART), TelstraSuper and Australian Food Super - have been pinged by ASIC for misleading members about their investment options' asset allocation and performance objectives.
Further Reading
Cover Story

Leading the way
SHARON DAVIS
NON-EXECUTIVE DIRECTOR
FUTURE GROUP AUSTRALIA HOLDINGS PTY LTD
NON-EXECUTIVE DIRECTOR
FUTURE GROUP AUSTRALIA HOLDINGS PTY LTD
Sharon Davis has always been fascinated by the human condition; it has driven her passion for people, her career, and building a better future for the next generation and beyond. Eliza Bavin writes.







