David G. McCarthy (PhD University of Pennsylvania, 2002) is a Lecturer at Imperial College, London. He has an award as a Jr. Scholar from the MRRC for his work on Testing for Adverse Selection in South African Annuitant Data. During the final stages of his PhD studies he was the recipient of a Sandell Predoctoral Fellowship from the MRRC. His areas of interest include annuities markets, portfolio choice and the institutional aspects of retirement saving. Recent work with Olivia Mitchell examines the impact of adverse selection in annuities and insurance markets, and the role of housing in the retirement portfolio. Ongoing work includes studying the role of wage-indexed claims in retirement portfolio choice, further empirical studies of adverse selection in annuities markets, and an empirical examination of pricing of PCS catastrophe derivatives. Before attending graduate school, he was an actuarial trainee at the Liberty Life Group, a South African life insurance company. David received his Bachelor’s degree from the University of the Witwatersrand in Johannesburg, South Africa in 1995, and qualified as a Fellow of the Faculty of Actuaries in Edinburgh, UK in 1999.