The Profession's international research journal Annals of Actuarial Science has just published Vol 4 Part 2. This issue includes a guest editorial by H Schmidli 'Mathematics: curse or blessing' and articles on tax-efficient pension choices, income protection claim termination rates and calendar year effects, claims inflation and the chain-ladder technique.

Includes Guest Editorial 'Mathematics: curse or blessing' by H Schmidli and papers on 'Tax-efficient pension choices in the UK' by Paul Sweeting; 'Modelling income protection claim termination rates by cause of sickness' by S Y Ling, H R Waters and A D Wilkie; 'Calendar year effects, claims inflation and the chain-ladder technique' by D Brydon and R J Verrall. Also 'Papers from actuarial journals worldwide' and five book reviews.