News
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HM Treasury's response to European Court of Justice ruling that insurance premiums and benefits should be gender neutral
The Treasury has published its response to last year's European Court of Justice ruling of 1 March 2011 that insurance benefits and premiums should be gender neutral. The response can be found here. The Institute and Faculty of Actuaries contributed ... read more >>
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Subject CA3 Communications – online retaker exam
The online exam is delivered through an application called CA3Online, which allows all parts of the exam to be taken within one online environment. More details and application forms ... 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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Conflicts of interest: package published
The full package of material, which includes Actuarial Profession Standards (APSs) for pensions (APS P1) and life actuaries (APS L1 – which came into force on 1 October 2011), a guide for actuaries on conflicts of interest and a note for pension scheme ... read more >>
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Institute and Faculty of Actuaries commends Industry Working Group's Code of Good Practice to its members
The Institute and Faculty of Actuaries is supporting the new Code of Good Practice relating to Incentive Exercises, including Enhanced Transfer Values (ETVs) which was published today by an Industry Working Group, which included the Institute and Faculty ... read more >>
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Past President of Institute and Faculty of Actuaries, Ronnie Bowie, lays out roadmap for new sustainable pension system at Brighton Pensions Conference
Speaking in Brighton today at the Institute and Faculty of Actuaries Pensions Conference Ronnie Bowie, past president of the Institute and Faculty, addressed an audience which included Shadow Pensions Minister Greg McClymont and Mark Hyde Harrison from the ... read more >>
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The Actuarial Profession Comments on PPI Extending Working Lives Research: "We now have a clear view of the problems that await the over 50's facing retirement, so it is time for all relevant bodies to sit around the table and identify solutions".
Jane Curtis, President of the Institute and Faculty of Actuaries comments: “We welcome this research which has provided new and updated data that helps to identify the problems that await the over 50s as they reach state pension age, and that policy ... read more >>
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Exam counselling during summer 2012
Once the results of the April session based exams are released some of you will have been unsuccessful and will want to have exam counselling to help you identify ways to be successful in a future sitting. The majority of the exam counselling appointments ... 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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Exemptions for CA subjects passed with the Institute of Actuaries of India
With immediate effect there is no longer a requirement for members of the Institute of Actuaries of India to have passed all three CA subjects (CA1, CA2 and CA3) directly with the IAI before they can apply for an exemption from these subjects with the ... read more >>
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Huw Evans from the Institute and Faculty of Actuaries comments on today's statement from the Pensions Regulator regarding funding in the current environment for defined benefit pension schemes
"The statement makes it clear that the scheme funding regime has the flexibility to remain fit for purpose even in extreme conditions, and that trustees and employers should look for evidence based solutions to address the risks that they face. ... read more >>
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CMI Working Paper 62 published
Download Working Paper 62 here. ... 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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Employer Covenants research project - Call for research
The Institute and Faculty of Actuaries is commissioning a research project on the topic of how employer covenants are best taken into account when assessing the capital supporting Institutions of Occupational Retirement Provision (IORPs). ... 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 welcomes FRC reform proposals
Commenting on the proposals to reform the Financial Reporting Council (FRC) published today by the Department for Business, Innovation & Skills and the FRC, Jane Curtis, President of the Institute and Faculty of Actuaries, said: “We welcome the ... 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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Invitation to Institute and Faculty of Actuaries event - Singapore
At the event, I am looking forward to speaking to you about the progress we are making on the strategy. To help me answer specific questions, I will be accompanied by Derek Cribb, Chief Executive, and Trevor Watkins, Director of Education. Please see ... read more >>