News
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Institute and Faculty of Actuaries team up with Scottish Financial Risk Academy (SFRA) to launch the ARC
Based in Scotland, the ARC has been established to create a bridge between actuarial research and business and is anticipated to become an international centre for the furthering of actuarial science. The ARC’s launch was announced at a reception to ... read more >>
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New Chair of Audit and Governance Committee
Iraj was, until 2010, a senior partner with Deloitte and spent the entirety of his 30 year career as an accountant with them. Since leaving Deloitte, he has become a trustee of the National Employment Savings trust, sitting on both its Audit and Investment ... read more >>
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Sue Elliott of The Institute and Faculty of Actuaries comments on the Government’s Social Care White Paper (and draft bill) and Progress report on funding published today
• Clarity is required on the financial commitment required by individuals and the State • This will help individuals plan for pensions and care holistically Sue Elliott, of the Institute and Faculty of ... read more >>
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Summary of Changes to the PC Scheme and related documents effective from 1 September 2012
The new PC Scheme came into effect on 25 January 2012 and by the mid-year, over 500 applications had been processed under it. The feedback received has been helpful in identifying a number of areas where further information could be provided to ... read more >>
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Philip Scott becomes president of the Institute and Faculty of Actuaries
Philip is a non-executive director of the Royal Bank of Scotland and of Diageo plc. Over his 37 years in the financial services industry Phillip was Chief Executive of Aviva International and Norwich Union Life, and was Chief Financial Officer of Aviva ... read more >>
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Long-term care market still baffling for consumers
Leading experts on the long term care market examined the way forward for individuals with future care needs. With the rumoured publication of a progress report on the funding of long term care now expected alongside the Government’s White Paper on Social ... read more >>
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Singapore university receives accreditation from Institute and Faculty of Actuaries
The Institute and Faculty of Actuaries signed an agreement on Friday 20 April 2012 that will make it simpler for NTU actuarial science graduates to gain exemptions from the first eight of 15 professional examinations that the institute requires for ... read more >>
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David Hare to become Institute and Faculty of Actuaries President-elect for 2012-2013
A specialist in life insurance, Dr Hare is shortly to become a partner with Deloitte following a career with Scottish Mutual, Abbey National and, latterly, Standard Life. ... read more >>
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Actuarial Profession appoints Public Affairs Director
Paul has extensive experience in corporate communications within a range of complex environments and cultures. ... read more >>
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FTSE Indices Data
FTSE UK Index Series FTSE UK Gilts Index Series FTSE Global Bond Index Series FTSE Global Equity Index Series ... read more >>
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Masterclasses and Professional Skills events
Professional Skills Helping members understand, in practical terms, how the Actuaries' Code is integral to their working lives. Topics as diverse as Whistleblowing, ETVs, Conflicts of Interest and the Law will be covered in this stream.Forthcoming ... read more >>
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New society to give boost to Northern Ireland’s actuaries
The society is aimed at actuaries Northern Ireland and further afield including students training to become actuaries on the Queen's university management school's Actuarial Science and Risk Management degree. ... read more >>
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Improved mortality rates lead to 20,000 fewer deaths in 2011
Put simply, this means that there have been 20,000 fewer deaths last year than would have been expected if the mortality rate hadn’t seen this improvement. The 4% improvement marks an upturn of the average rate of improvement of 2.4% over the 10 years to ... read more >>
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The need for better statistics in our schools and colleges
The report by education specialist, Roger Porkess, focuses on the ways statistics is taught and learnt in schools and colleges in England, with some evidence drawn from Wales and Northern Ireland. The aim of the report, and the underlying research, is to ... read more >>
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Public Affairs and Consultations Committee and Solvency II Steering Group
The Committee has been formed in line with the governance and infrastructure proposals within the public affairs strategy endorsed by Council and Management Board last year. Its purpose is to advance the achievement of the Profession’s public affairs ... read more >>
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More clarity and data would help the development of the long term care market
In its submission, the Institute and Faculty of Actuaries highlights a range of existing barriers to the development of financial products to address long term care needs. These include a lack of certainty and consistency of treatment towards public and ... read more >>
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Congratulations to successful examination candidates
September 2011 saw 9503 entries for the Institute and Faculty of Actuaries’ examinations. The exams took place in a total of 129 centres world-wide and 4086 of these were sat overseas. Other practical exams take place throughout the year, and ... read more >>
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Update on the Actuarial Profession’s Conflicts of Interest Consultation
The Conflicts of Interest Working Party would like to thank everyone who has taken the time to provide comment on the proposals, as well as those who attended one of the consultation meetings. ... read more >>
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Actuarial Profession appoints General Counsel
Dual qualified in England and Scotland, Mr Kemp has extensive experience in advising regulatory and professional bodies across a wide range of sectors. He is an experienced advocate, having appeared regularly before disciplinary tribunals of ... read more >>