News

Article date:
08 September 2009

The lure of fool's gold, the madness of crowds and poor regulation helped lead to recession

In their discussion, Ronnie Bowie, President of the Faculty of Actuaries, Nigel Masters, President of the Institute of Actuaries and Paul Sweeting, Professor of Actuarial Science at the University of Kent examined the factors which led to the current ... read more >>

Article date:
01 October 2009

New code of conduct for actuaries launched

The code has five key principles: ... read more >>

Article date:
14 October 2009

European actuaries make proposals for Solvency II professional standards

The vast majority of those who will carry out the actuarial function under Solvency II will be qualified actuaries and members of the professional actuarial bodies which make up the Groupe. The Groupe proposes that there should be two main categories of ... read more >>

Article date:
19 October 2009

Implications of an ageing population need to be understood

This is the argument Professor Kaare Christensen will be presenting to an international conference on mortality and longevity in Edinburgh, 21 - 22 October 2009 hosted by the Actuarial Profession. ... read more >>

Article date:
19 November 2009

Lessons from the Scottish Enlightenment still resonate today

The lecture will consider the environment in which the Scottish Enlightenment flourished. Examining the tolerant Scottish society which allowed for comparative religious freedom and the importance of the international dimension, most notably between ... read more >>

Article date:
19 November 2009

Hyderabad Treaty launches new risk management credential globally

 The launch was marked by Ronnie Bowie, President of the Faculty of Actuaries, and Nigel Masters, President of the Institute of Actuaries, signing a multilateral treaty in Hyderabad, India, during meetings of the International Actuarial Association ... read more >>

Article date:
25 November 2009

Scotland’s leaders have much to learn from our history, says leading mathematician

Sir Michael said: "The Scottish Enlightenment wasn't a one-off event, its cultural, social and intellectual legacy still resonates today and there are still vital lessons Scottish society can learn. I would argue that the most important lesson is the ... read more >>

Article date:
08 April 2010

Social inequalities and poor health impact on working life expectancy

The report, Increasing longevity and the economic value of healthy ageing and working longer, finds that those with the longest working life expectancy at age 50 have a higher standard of education, are home owners, married or co-habiting and in ... read more >>

Article date:
08 December 2009

Understanding of systemic risk vital to avoiding future financial crises

The paper, presented at a meeting of the Institute of Actuaries on 7 December 2009, shows just how risks materialising in one part of the financial system can have a widespread impact, affecting other financial markets and institutions and the broader ... read more >>

Article date:
22 January 2010

Principles of enterprise risk management of crucial importance to financial service providers

This is the message of a timely report, ERM for insurance companies - adding the investor's point of view, which will be presented to a sessional meeting of the Institute of Actuaries on Monday 25 January. The paper will examine how the fundamentals of ... read more >>

Article date:
26 January 2010

New asbestos report released

The findings of the working party include: ... read more >>

Article date:
29 March 2010

Members to vote on proposed merger

The detail of the merger package include: ... read more >>

Article date:
19 February 2010

Social inequalities and poor health impact on working life expectancy

The report, Increasing longevity and the economic value of healthy ageing and working longer, finds that those with the longest working life expectancy at age 50 have a higher standard of education, are home owners, married or co-habiting and in reasonable ... read more >>

Article date:
17 February 2010

Institute of Actuaries chooses new president-elect

Her election comes after nearly 30 years service to the profession, most notably in the fields of education and professional regulation. She said: “I am delighted to represent my profession in this capacity; it is both a great honour and a great ... read more >>

Article date:
24 December 2009

NUS Extra card

We have negotiated the NUS card for actuarial students for a further year. The NUS Associate card has ceased to exist as it was decided that the NUS Extra card, which has been sold in the Higher and Further Education sectors for the past two years, was a ... read more >>

Article date:
24 December 2009

The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2008 (SI 2008/731)

Although concerns were expressed that this action might affect certificates that had been signed off by actuaries between April 2008 and the implementation of the present version of the regulations, rendering the certificates' legal status questionable, we ... read more >>