On 23 June 2008 the President of the Faculty and the President of the Institute announced the launch of a consultation survey and an in-principle vote for their respective members.

The closing date for responses to both the consultation survey and the in-principle vote will be 5.00pm on 8 August 2008

The Councils of the Faculty and the Institute agreed, on 12 February 2008, for the benefit of the whole UK Profession to recommend a merger of the two bodies. The consultation process started and a series of meetings has been arranged. You will also find it helpful to read the Questions and Answers

Below we give you access to relevant material, with the most recently added at the top.

Letter from the Institute President to the Faculty President on merger options. 2 June 2008 (member login required)

Faculty consultation survey on proposed merger (member login required)
Covering note and options for Faculty members

Institute in-principle vote on proposed merger (member login required)
Covering note and options for Institute members

Discussion meeting, 24 June 2008 at Staple Inn
mp3 sound file
Presentation

Proposed merger: consultation survey
Announcement of the launch of a consultation survey for Faculty Fellows, Honorary Fellows, Associates and Students on the proposed merger.

Proposed merger: in-principle vote
Announcement of the launch of an in-principle vote for Institute Fellows, Honorary Fellows, Associates and Students on the proposed merger.

Merger update for Institute members
eAlert sent to members, 12 June 2008.

Merger update for Faculty members
eAlert sent to members, 11 June 2008.

Merger proposal update
eAlert sent to members, 21 May 2008, following the joint Councils meeting on 19 May.

Alternative models for the structure of the UK Actuarial Profession
A paper prepared by the Faculty Task Force Chairman and the Chief Executive.

Discussion board
An online discussion board for the whole membership. This offers members, wherever they live and work, an opportunity to take part in the discussion around the proposed merger.

Dates for informal discussion meetings
Meetings are for all members to share views and comment on the merger proposal and to discuss any alternatives they want to talk about. Against the meetings that have already taken place you will find a copy of any presentation that was used.

Update on consultation process on the proposed merger between the Faculty and the Institute
eAlert sent to members, 22 April 2008.

Call for more debate on merger proposals
Press release, issued 18 April 2008.

Special General Meeting, 16 April 2008
mp3 sound file of the discussion at the meeting (member login required).
Draft minutes of Faculty SGM

Open consultation meeting, 16 April 2008
mp3 sound file of the discussion at the meeting held prior to the SGM.

Faculty Special General Meeting update
eAlert sent to members, 18 April 2008.

Revised Resolutions
for the Faculty Special General Meeting on 16 April (member login required).

Notice of Faculty Special General Meeting
To be held in Edinburgh on 16 April 2008.

Requisition of Special General Meeting (member login required)
Request to the Faculty Council to hold a Special General Meeting, including the resolutions for discussion by Faculty Fellows, Honorary Fellows and Associates only. The resolutions seek to get Faculty Council to change the nature of the vote planned to take place in June 2008.

Summary of legal advice to Faculty Council regarding SGM (member login required)
A summary of the legal advice from Shepherd+ Wedderburn which had been given to the Faculty President before the SGM

Statement issued by the 10 signatories to the requisition of a Special General Meeting (member login required)
Served on the Faculty Council on 17 March 2008.

Statement issued by the Faculty President and the Chairman of the Faculty Task Force (member login required)
In respect of the Special General Meeting on 16 April 2008.

Joint statement from the Presidents
Statement from the President of the Faculty of Actuaries and the President of the Institute of Actuaries.

Letter from the President of the Faculty of Actuaries
Letter from the President of the Institute of Actuaries
Individual letters from the Presidents.

Proposed outline merger arrangements
Proposals for how a merger would be implemented.

Key questions and answers

Faculty and Institute propose merger
Press release, issued 25 February 2008.

Profession merger: the way forward
As the Councils of the Faculty and the Institute agree to put a merger proposal to the membership, two groups of members present differing views.
The Actuary, March 2008.

Faculty Task Force - Report to Faculty Council, 1 October 2007 (member login required)
Brief: To consider whether a merger of the Faculty and Institute would better achieve the UK Profession's strategic objective of lifelong support to its members and, if so, in what way.