Sessional meetings are discussions of actuarial papers. For earlier papers contact the the libraries.

Sessional meetings on the move

Where you see the icon the meeting is available as an mp3 sound file. You can download the file and listen offline or transfer it to another device. If you have an iPAQ, a Palm or other PDA (Personal Digital Assistant) you can probably play mp3 files on it. If you have Broadband it will take 5-10 minutes to download the file.

Webcasts of sessional meetings are also available. To view the webcasts, please log in.

Presidential Addresses

For full text, mp3 sound files and webcasts of the Presidential Addresses, please visit the Faculty and Institute Presidents' webpage.

Past meetings 2008-2009 session

• Scoping Mortality Research. Report of the Mortality Research Steering Group
  Institute Sessional Meeting held at Staple Inn Hall on 22 September 2008
  • Webcast [Members log in]
  
  
  
• Modelling extreme market events. A report of the Benchmarking Stochastic Models Working Party
  Institute Sessional Meeting held at Staple Inn Hall on 3 November 2008
  
  
• Solvency II
  Faculty Sessional Meeting held at Merchant's Hall, Glasgow, on 17 November 2008
  •   mp3 sound file
  
  
  

Forthcoming meetings 2008-2009 session

• Management Actions in a With-Profits Fund
  Institute Sessional Meeting to be held at Staple Inn Hall 24 November 2008
  
  
• Modelling extreme market events. A report of the Benchmarking Stochastic Models Working Party
  Faculty Sessional Meeting to be held at the Royal College of Physicians, Edinburgh, on 19 January 2009
  
  
• Institute Sessional Meeting - Topic to be confirmed
  To be held at Staple Inn Hall on 26 January 2009
  
  
• Pensions mortality
  Faculty Sessional Meeting to be held at the Royal College of Physicians, Edinburgh, on 16 February 2009
  
  
• Internal model approval for Solvency II
  Institute Sessional Meeting to be held at Staple Inn Hall on 23 February 2009
  
  
• Faculty Sessional Meeting - Topic to be confirmed
  To be held at the Royal College of Physicians, Edinburgh on 16 March 2009
  
  
• Institute Sessional Meeting - Topic to be confirmed
  To be held at Staple Inn Hall on 23 March 2009
  
  
• Institute Sessional Meeting - Topic to be confirmed
  To be held at Staple Inn Hall on 27 April 2009
  
  
• Institute Sessional Meeting - Topic to be confirmed
  To be held on either 18 May 2009 or 1 June 2009
  
  

2007-2008

• Do you really know the characteristics of your liabilities?
  Huw Evans et al
  Institute Sessional Meeting held in Bristol on 2 June 2008
  • Webcast [Members log in]
  
  
  
• IFRS Phase II Changing our Future?
  Marylene Lanari-Boisclair
  'Our changing future' meeting held at Resolution, 287 St Vincent Street, Glasgow, on 19 May 1008
  
  
• ERM for general insurers
  Michael Tripp et al
  Institute Sessional Meeting held on 28 April 2008
  • mp3 sound file
  • Webcast [Members log in]
  
  
  
• Review of Financial Advice
  Otto Thoresen
  'Our Changing Future' breakfast meeting held at the Royal College of Physicians, Edinburgh, on 9 April 2008
  • mp3 sound file
  • Delivering money guidance [ppt] - Otto Thoresen
  
  
  
• Variable annuities
  Colin Ledlie et al
  Institute Sessional Meeting held on 31 March 2008 at Staple Inn
  
  • mp3 sound file
  • Webcast [Members log in]
  
  
  
• Current Topics
  Peter Murphy (Deloittes)
  'Our Changing Future' meeting held at the Royal College of Physicians, Edinburgh, on 26 March 2008
  • mp3 sound file
  • Current issues in general insurance (slides) [pdf]. Clare Edler
  • Current issues in general insurance (paper) [pdf]
  • Current issues in investment (paper) [pdf]
  • Current issues in life insurance (slides) [pdf]. Peter Murphy
  • Current issues in life insurance (paper) [pdf]
  • Current issues in pensions (slides) [pdf]. Nico Aspinall
  • Current issues in pensions (paper) [pdf]
  • Macroeconomic effects of the credit crunch for pension plans [pdf]. Femi Bart-Williams and Matt Argent
  
  
  
• Variable annuities
  Colin Ledlie et al
  Faculty Sessional Meeting held on 17 March 2008 at the Royal College of Physicians, Edinburgh.
  • mp3 sound file
  • Presentation by Colin Ledlie et al [ppt]
  
  
  
• Applying survival models to pensioner mortality data, by S J Richards
  Institute Sessional Meeting held on 25 February 2008 at Staple Inn.
  • mp3 sound file
  • Webcast [Members log in]
  
  
  
• How the integration of insurance and banking techniques and thinking can add real commercial value
  Chris Hancorn (PwC and Working Group)
  'Our Changing Future' breakfast meeting held at the Royal College of Physicians, Edinburgh, on 28 February 2008.
  • Presentation by Chris Hancorn, Patrick Kelliher, David Moss and Bruce Miller (Banking Interest Group)
  •   mp3 sound file
  
  
  
• Annuity bulk buy-out market
  Presentation and panel discussion led by Cliff Speed
  Faculty Sessional Meeting to be held on 18 February 2008 at the Merchants' House of Glasgow, Glasgow
  •   mp3 sound file
  
  
  
• CMI SAPS Mortality Tables
  Faculty Sessional Meeting held on Tuesday 5 February 2008 at The Royal College of Physicians, Edinburgh
  • Presentation by Nigel Bodie, Andrew Gaches and John Ellam [ppt]
  •   mp3 sound file
  
  
  
• Absolute returns - a pensions perspective 
  Brian Fleming and Gareth Derbyshire
  'Our Changing Future' meeting, held on 29 January 2008 at the Royal College of Physicians, Edinburgh
  • Absolute return strategies for with-profit funds [ppt]
    Brian J W Fleming, Standard Life Investments
  • Absolute return strategies. A pensions perspective [ppt]
    Gareth Derbyshire, Lehman Brothers
  •   mp3 sound file
  
  
  
• CMI SAPS Mortality Tables
  Institute Sessional Meeting held on 28 January 2008 at The Royal College of Surgeons of England, WC2A.
  • Webcast [Members log in]
  •   mp3 sound file
  
  
  
• The impact of medical advances and lifestyle on mortality
  Presentations by Professor Angus Macdonald FRSE, Professor Howard Waters, Tushar Chatterjee, Edward Roche and Dr Catriona Macdonald, followed by an open discussion. Presented at the Faculty Sessional Meeting on 14 January 2008 at The Royal College of Physicians, 9 Queen Street, Edinburgh
  • Powerpoint presentation by Tushar Chatterjee; Catriona Macdonald; Angus Macdonald; Edward Roche; and Howard Waters
  • Powerpoint presentation by Prof Simon Capewell, Chair of Clinical Epidemiology, Liverpool University
  • Webcast [Members log in]
    
  •   mp3 sound file
  
  
  
• The implications of climate change for the actuarial profession
  Presentations and discussions by Dr Leonard Smith, Garrie Lette, Graham Fulcher and Nick Robins. To be presented at the Institute Sessional Meeting on 26 November 2007 at Staple Inn
  • Webcast [Members log in]
  
  
  
• Modelling and managing risk
  Paul Sweeting
  Presented to the Faculty Sessional Meeting on 19 November 2007.
• 
  
  
• Current issues in retail pensions ('Our Changing Future' meeting)
  Ian Naismith at the Royal College of Physicians, Edinburgh, on 6 November 2007
• • Powerpoint presentation [ppt]
  
  
  
• Equity release paper
  by Ged Hosty et al. Presented at the Institute Sessional Meeting on 29 October 2007
• • Webcast [Members log in]
    
  
  
  
• The challenge of Solvency II
  Third lecturer to the Faculty of Actuaries, Karel van Hulle. Presented at the Faculty Sessional Meeting on 1 October 2007. 
• • Webcast [Members log in]
    
  
  
  
• Two dimensional mortality data: patterns and projections
  by Stephen Richards, John Ellam, Jennifer Hubbard, Joseph Lu, Stephen Makin and Keith Miller. Presented at the Institute Sessional Meeting, 24 September 2007.
• • Webcast [Members log in]
    
    

2006-2007

• General insurance premium rating - the way forward
  General Insurance Premium Rating Issues Working Party (GRIP)
  Institute Sessional Meeting, 21 May 2007
  • Full report, Jan 2007
  • Summary report
  •  mp3 sound file
  • Webcast
• Individual capital assessments (ICA) ('Our changing future' meeting)
  Peter McDade; Neil Meldrum; David Stevenson. 9 May 2007
  • Powerpoint presentation [ppt]
• Modelling and managing risk
  Paul Sweeting
  Institute Sessional Meeting held in conjunction with the North West Actuarial Society, 30 April 2007.
  •  mp3 sound file
  • Webcast [Members log in]
• QIS3: How will Solvency II change life insurers' balance sheets? ('Our changing future' meeting)
  David Comerford; Alan Reed. 30 April 2007
  • Powerpoint presentation [pdf]
• Solvency II panel discussion
  Institute Sessional Meeting, 26 March 2007, Staple Inn
  • Webcast [Members log in]
  •  mp3 sound file
  • Briefing note [pdf]
• Two-dimensional mortality data: patterns and projections
  Faculty of Actuaries Mortality Research Group.
  Faculty Sessional Meeting, 19 March 2007, The Merchants Hall, Edinburgh
• •    mp3 sound file
  • Data files used in paper
  • Spreadsheet used to fit GLMs in Section 17
  • R source used to create heat maps of mortality improvements
• Current topics ('Our changing future' meeting joint talk with FASS)
  12 March 2007
  • General insurance [pdf]
  • Investment [pdf]
  • Life insurance [pdf]
  • Pensions [pdf]
• Should projections of mortality improvements be subject to a minimum value?
  Steven Baxter
  Institute Sessional Meeting, 26 February 2007 at Staple Inn
  • Webcast [Members log in]
  •  mp3 sound file
  • Powerpoint presentation [pdf]
• Pension scheme funding and sponsor covenants
  Faculty Sessional Meeting, 19 February 2007 at The Merchants' Hall, Edinburgh
  • Presentations
  •  mp3 sound file
• Longevity risk ('Our changing future' meeting)
  Stephen Richards. 2 February 2007
  • Powerpoint presentation [pdf]
• Life operational risk management
  Institute Sessional Meeting, 22 January 2007, Staple Inn
  • Webcast [Members log in]
  •  mp3 sound file
• Credit derivatives working party paper.
  Faculty Sessional Meeting, 15 January 2007, The Merchant House of Glasgow
  •  mp3 sound file
• Liability driven investment: UK pensions - where are we now? ('Our changing future' meeting) .
  Shajahan Alam and Christopher Nichols. 11 January 2007
  • Powerpoint presentation [pdf] by Christopher Nichols
  • Powerpoint presentation [pdf] by Shajahan Alam
• Removing the risk for Company pensions ('Our changing future' meeting).
  Myles Pink. 6 December 2006
  • Powerpoint presentation
• Assessment of target capital for general insurance firms.
  A N Hitchcox; I A Hinder; A M Kaufman; T J Maynard; A D Smith; M G White, Institute Sessional Meeting, 27 November 2006 at Staple Inn
  • Webcast [Members log in]
  •  mp3 sound file
• Pension scheme funding and the sponsor covenant.
  Nick Dumbreck, Tim Gordon, Maggie Mills, Darren Redmayne, presented to the Institute Sessional Meeting, 30 October 2006 at Staple Inn
  • Webcast [Members log in]
  •  mp3 sound file
• Regulation and oversight of the Actuarial Profession/ Board for Actuarial Standards.
  Faculty sessional meeting. A presentation by Paul Seymour, Chairman of BAS, and Nigel Bankhead, Director, Actuarial Standards followed by discussion and questions, 2 October 2006. No papers issued

2005-2006

• Lessons from closure. An analysis and comparison of the issues facing closed life funds and closed pension schemes [404 kb]
  A C Campbell, D C Grimley, J K Pallister, A M Stoker, A R Walton and C A Yiasoumi, presented to the Institute of Actuaries, 22 May 2006
  •  mp3 sound file
• Which actuaries make the best risk managers? Open debate. Institute of Actuaries, 24 April 2006
  • Webcast [Members log in]
  •  mp3 sound file
• Report by the General Insurance Reserving Issues Task Force [1,119 kb]
  presented to the Institute of Actuaries, 27 March 2006
  Note:
  As this paper is 165 pages in length, the executive summary [15 pages, 110 kb] has been provided as a separate document. If you would prefer to receive a hard copy, contact Maria Lyons, e-mail: maria.lyons@actuaries.org.uk, tel: 01865 268 236.
  • Webcast [Members log in]
  •  mp3 sound file
• Living with mortality. Longevity bonds and other mortality-linked securities [374 kb]
  A J G Cairns and K Dowd, presented to the Institute of Actuaries, 27 February 2006
  •  mp3 sound file

• Healthy life expectancy in Scotland. Research paper for the 150th Anniversary of the Faculty of Actuaries [485 kb]
  presented to the Faculty of Actuaries, 20 February 2006
• The cost of capital for financial firms [485 kb]
  C J Exley and A D Smith, presented to the Institute of Actuaries, 23 January 2006
  •  mp3 sound file
• Living with mortality: longevity bonds and other mortality linked securities [374 kb]
  D Blake, A J G Cairns and K Dowd, presented to the Faculty of Actuaries, 16 January 2006 and the Institute of Actuaries, 27 February 2006
• Background risk and pensions [432 kb] 
  M Cardinale, G Katz, J Kumar and J M Orszag, presented to the Institute of Actuaries, 28 November 2005
  •  Part 1 [mp3 sound file] Part 2 [mp3 sound file]

• The importance of year of birth in two-dimensional mortality data [pdf, 1,095 kb]
  S J Richards, J G Kirkby and I D Currie, presented to the Institute of Actuaries, 24 October 2005
  •  Part 1 [mp3 sound file] Part 2 [mp3 sound file]

2004-2005

• Is there a retirement savings crisis? Whither pension reform? Institute Sessional Meeting, 23 May 2005.
  •   mp3 sound file
•  Risk management in a fair valuation world [pdf, 886 kb]
  M H D Kemp, presented to the Institute of Actuaries on 25 April 2005
  •  mp3 sound file
• The modelling of extreme events [pdf, 324 kb]
  D E Sanders, presented to the Institute of Actuaries on 4 April 2005
  •  Part 1 [mp3 sound file] Part 2 [mp3 sound file]
• Realistic valuation of life office liabilities [pdf, 31 kb]
  The attached note sets out possible topics for discussion at the Faculty Sessional Meeting on 21 February 2005, which will take the form of a panel discussion chaired by David Forfar. Other members of the panel will include James Tuley, Adrian Eastwood, Alastair Clarkson and James Hillman
• Current developments in embedded value reporting [pdf, 400 kb]
  P J L O'Keeffe, A J Desai, K Foroughi, G J Hibbett, A J Maxwell, A C Sharp, N H Taverner, M B Ward, F J P Willis, to be presented to the Institute of Actuaries on 28 February 2005
  • mp3 sound file
• Consultation meeting with Sir Derek Morris
  Institute of Actuaries, 24 January 2005
  •  mp3 sound file
• Notes on options, hedging, prudential reserves and fair values [pdf, 780 kb]
  A D Wilkie, M P Owen and H R Waters, presented to the Faculty of Actuaries on 6 December 2004
• Effective decision making in a life company [pdf, 215 kb]
  M Iqbal, presented to the Institute of Actuaries on 22 November 2004
  •  mp3 sound file
• Funding defined benefit pension schemes [pdf, 205 kb]
  C A Cowling, T J Gordon and C A Speed, presented to the Institute of Actuaries on 25 October 2004, and to the Faculty of Actuaries on 21 March 2005
  •  mp3 sound file

2003-2004

• Quantifying operational risk in general insurance companies [pdf, 3.5 mb]
  M H Tripp, H L Bradley, R Devitt, G C Orros, G L Overton, L M Pryor, R A Shaw, presented to the Institute of Actuaries on 22 March 2004
  •  mp3 sound file
• The cohort effect: insights and explanations [pdf, 365 kb]
  R C Willets presented to the Faculty of Actuaries on 15 March 2004 and to the Institute of Actuaries on 26 April 2004
  Note: the copy available here is an updated version of the paper originally presented to the Faculty on 15 March 2004 
• Longevity in the 21st century [pdf, 946 kb]
  R C Willets, A P Gallop, P A Leandro, J L C Lu, A S Macdonald, K A Miller, S J Richards, N Robjohns, J P Ryan and H R Waters, presented to the Faculty of Actuaries on 15 March 2004 and to the Institute of Actuaries on 26 April 2004
  Note: the copy available here is an updated version of the paper originally presented to the Faculty on 15 March 2004 
  •  mp3 sound file
• Market consistent valuation of life assurance business [pdf]
  T J Sheldon and A D Smith, presented to the Institute of Actuaries on 23 February 2004
  •  mp3 sound file
• Hedge funds [pdf, 595 kb]
  J J Caslin, presented to the Faculty of Actuaries on 16 February 2004
• Current issues in pensions [pdf, 102 kb]
  D G Fleming, K O Gourlay, A B Grant, R D Muckart and K G Taylor presented to the Faculty of Actuaries on 19 January 2004
• Pension schemes and fixed income investment[pdf, 1.9 mb] P J Sweeting, presented to the Institute of Actuaries on 26 January 2004
  •  Part 1 [mp3 sound file] Part 2 [mp3 sound file]
• Realistic liabilities and risk capital margins for with-profits business [pdf, 161 kb]
  D Dullaway and P D Needleman, presented to the Institute of Actuaries on 24 November 2003
  •  mp3 sound file [26 mb]
• Asset models in life assurance - Views from the Stochastic Accreditation Working Party [ppt, 103 kb]
  Presented to the Faculty of Actuaries on 17 November 2003
  • In a pre-meeting, members were given the opportunity to comment on the profession's response to FSA CP 195, Enhanced capital requirements and individual capital assessments for life insurer. 
• Reserving, pricing and hedging for policies with guaranteed annuity options [pdf, 913 kb]
  A D Wilkie, H R Waters and S Yang. Updated version of the paper presented to the Faculty of Actuaries on 20 January 2003. Presented to the Institute of Actuaries on 27 October 2003
  • This paper refers to the Report of the Annuity Guarantees Working Party, by M J Bolton et al: Reserving for annuity guarantees [pdf]
  •  mp3 sound file [26 mb]
• The measurement and modelling of commercial real estate performance [pdf, 378 kb]
  P M Booth and G Marcato, presented to the Institute of Actuaries on 22 September 2003

2002-2003

• Measuring and managing the economic risks and costs of with-profits business [pdf, 411 kb]
  A J Hibbert and C J Turnbull, presented to the Institute of Actuaries on 2 June 2003
• Practical risk management for equity portfolio managers [pdf, 5.7 mb]
  G C Heywood, J R Marsland and G M Morrison, presented to the Institute of Actuaries on 28 April 2003.
  (Please note that this is a very large file as it contains coloured tables. If you are unable to download it, please contact Maria Lyons: marial@actuaries.org.uk, who will e-mail you a copy.)
• The implication of fair value accounting for general insurance companies [pdf]
  P K Clark, P H Hinton, E J Nicholson, L Storey, G G Wells and M G White, presented to the Institute of Actuaries on 24 March 2003
• Genetics and insurance - some social policy issues [pdf, 304 kb]
  C D Daykin, D A Akers, A S Mcdonald, T McGleenan, D Paul and P J Turvey, presented to the Institute of Actuaries on 24 February 2003 and to the Faculty of Actuaries on 17 March 2003
• Measuring and managing the economic risks and costs of with-profits business [pdf, 737 kb]
  Draft background paper for the Faculty Sessional Meeting on 17 February 2003 which will take the form of a lecture by John Hibbert on some of the issues raised by the application of 'stochastic' modelling tools to the measurement of value, risk and capital
• A stochastic approach to risk management and decision making in defined benefit pension schemes [pdf, 1,490 kb]
  S Haberman, C Day, D Fogarty, M Z Khorasanee, M McWhirter, N Nash, B Ngwira, I D Wright and Y Yakoubov, presented to the Institute of Actuaries on 27 January 2003
• Reserving, pricing and hedging for policies with guaranteed annuity options [pdf, 397 kb]
  A D Wilkie, H R Waters and S Yang, presented to the Faculty of Actuaries on 20 January 2003
• Global asset liability management [pdf, 1,461 kb]
  M A H Dempster, M Germano, E A Medova and M Villaverde, presented to the Institute of Actuaries on 25 November 2002
• A note on pension scheme design issues [pdf, 84 kb]
  Paper prepared by the Faculty of Actuaries Pensions Research Group as background to the debate at the Faculty Sessional Meeting on 18 November 2002
• Creating the conditions for the UK life market to flourish [pdf, 180 kb]
  Discussion meeting held at the Institute of Actuaries in October 2002

2001-2002

• Family fortunes - a guide to saving for retirement [pdf]
  Paper by Deborah Cooper which formed the basis for discussion at the Institute Sessional Meeting on 22 April 2002.
  For those wishing to test the model, this is available as a zipped excel spreadsheet
  [Disclaimer: This spreadsheet has been prepared by Deborah Cooper of W M Mercer. Please note that, whilst it has been checked for robustness, there is no guarantee that the results are correct. The spreadsheet should be used for information only. Neither Deborah Cooper nor W M Mercer take any responsibility for the results produced by the spreadsheet.]
• A review of policyholders' reasonable expectations [pdf]
  Mike Shelley, Mike Arnold and Peter Needleman, presented to the Institute of Actuaries on 25 February 2002, and to the Faculty on 29 April 2002
• Corporate diversity and the provision of financial services [pdf]
  Philippe Guijarro and David Hare, presented to the Faculty of Actuaries on 18 February 2002, and to the Institute on 9 May 2002
• Stochastic claims reserving in general insurance [pdf]
  Peter England and Richard Verrall, presented to the Institute of Actuaries on 28 January 2002
• Fair valuation of liabilities [pdf]
  Fair Valuation of Liabilities Working Party, presented to the Faculty of Actuaries, and to the Institute of Actuaries, November 2001 (97 pages)
• Economic applications to actuarial work [pdf]
  Alan Cantor and James Sefton, presented to the Institute of Actuaries on 22 October 2001
• Transfer values. A debate. This house believes that there should be a statutory minimum to cash equivalent transfer values payable from defined benefit pension schemes [pdf]
  Abstract of the debate held by the Institute of Actuaries on 24 September 2001

2000-2001

• Pensions, funding and risk [pdf]
  R J Chapman, T J Gordon and C A Speed, presented to the Institute of Actuaries on 23 April 2001
• Financial condition assessment [pdf]
  J P Ryan, P Archer-Lock, A J Czernuszewicz, N R Gillott, P H Hinton, D C B Ibeson, S A Malde, D R L Paul and N Shah, presented to the Institute of Actuaries on 26 March 2001
• Transparent with-profits - freedom with publicity [pdf]
  G D Clay, R Frankland, A D Horn, J F Hylands, C M Johnson, R A Kerry, J R Lister, R L Loseby and B R Newbould, presented to the Institute of Actuaries on 26 February 2001, to the Faculty of Actuaries on 19 March 2001 and to the Manchester Actuarial Society on 21 May 2001
• Risk budgeting in pension investment [pdf]
  R C Urwin, S J Breban, T M Hodgson and A Hunt, presented to the Faculty of Actuaries on 19 February 2001
• Principles of the future education strategy [pdf]
  J Goford, C S Bellis, C D Bykerk, S A Carne, S Creedon, C D Daykin, N J Dumbreck, D G R Ferguson, E M Goodwin, P H Grace, N S Henderson and P N Thornton, presented to the Faculty of Actuaries on 15 January 2001 and the Institute of Actuaries on 22 January 2001
• Monitoring compliance with professional guidance revisited [pdf]
  Discussion paper prepared by the Compliance/Peer Review Working Party of the Professional Affairs Board. Presented to the Institute of Actuaries on 27 November 2000 and to the Faculty of Actuaries on 13 December 2000
• Living longer is bad for the nation's wealth [pdf]
  Abstract of the discussion held at the Institute of Actuaries on 23 October 2000

1999-2000

• Securitisation and other financing options available to life companies [pdf]
  A J Sanders, presented to the Institute of Actuaries on 22 May 2000
• The Lloyd's reinsurance to close process [pdf]
  D J Hindley, M Allen, A J Czernuszewicz, D C B Ibeson, W D McConnell and J G Ross, presented to the Institute of Actuaries on 27 March 2000
• Pensions and low inflation [pdf]
  Report of a Faculty and Institute of Actuaries Working Party.
  P M C Meredith, N P Horsfall, J M Harrison, K Kneller, J M Knight and R F Murphy, presented to the Faculty of Actuaries on 20 March 2000 (also a SIAS paper)
  Additional tables [pdf]
• The concept of investment efficiency and its application to investment management structures [pdf]
  T M Hodgson, S J Breban, C L Ford, M P Streatfield and R C Urwin, presented to the Institute of Actuaries on 28 February 2000 and to the Faculty of Actuaries on 19 February 2001
• Monitoring compliance with professional guidance [pdf]
  Discussion paper by the Compliance/Peer Review Working Party of the Professional Affairs Board, presented to the Faculty of Actuaries on 21 February 2000
• Professions in society [pdf]
  C S Bellis, presented to the Institute of Actuaries on 24 January 2000
• Corporate decisions in general insurance: beyond the frontier [pdf]
  M Cumberworth, A N Hitchcox, W D McConnell and A D Smith, presented to the Institute of Actuaries on 22 November 1999
• A market-based approach to pricing with-profits guarantees [pdf]
  D J P Hare, J A Dickson, P A P McDade, D Morrison, R P Priestley and G J Wilson, presented to the Faculty of Actuaries on 15 November 1999 and to the Institute of Actuaries on 17 April 2000
• Pension fund valuations and market values [pdf]
  S J Head, D R Adkins, A J G Cairns, A J Corvesor, D O Cule, C J Exley, I S Johnson J G Spain and A J Wise, presented to the Institute on 25 October 1999 and the Faculty on 20 November 2000, together with the results of the Survey [pdf] of Scheme Actuaries, undertaken to assess what methods are being used in funding pension schemes
• International expansion - a UK perspective. A discussion paper [pdf]
  D J Grenham, D C Chakraborty, A Chatterjee, P J Daelman, B Heistermann, L Hogg, J R Mungall, B T Porteous, S J Richards, M C Shum and J Taylor, presented to the Faculty of Actuaries on 2 October 1999