David G. McCarthy

I have had a varied career in academia, industry and government. Before completing my PhD at the Wharton School of the University of Pennsylvania, I worked as an actuarial trainee in a large life insurance company in my native South Africa. Subsequently, I worked in academia at Oxford University and Imperial College, London, where I started and ran an actuarial MSc program. Before joining Terry, I took a sabbatical from academia to advise the National Treasury of South Africa on financial sector regulation, public-sector pensions and retirement reform. This varied background has given me a unique and informed perspective on issues of national and international importance related to population ageing, retirement provision and financial sector regulation. My academic work focuses on inter-generational transfers and risk sharing, the analysis of mortality risks, annuities, financial sector regulation and retirement system design and operation. I am a Fellow of the Faculty of Actuaries, Edinburgh, UK.

• PhD, Risk Management and Insurance/Finance, University of Pennsylvania, 2002

• Retirement and retirement planning
• Risk & Insurance
• Insurance and Actuarial Science