News
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Pensions Actuarial Profession Standards go live
Following publication on 1 March 2011, the following Actuarial Profession Standards take effect on 1 April 2011: ... read more >>
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Martin Weale's speech to the Actuarial Profession
The speech, entitled Uncertain Uncertainty, discussed the nature of uncertainty around macro-economic forecasts and how these uncertainties can best be represented. Full text of the speech can be found here. ... read more >>
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Actuarial Profession Standards update for pensions actuaries
http://www.actuaries.org.uk/APS%20P1%20Duties%20and%20Responsibilities%20of%20Pensions%20Actuaries http://www.actuaries.org.uk/APS%20P2%20Compliance%20Review%20Pensions ... read more >>
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Actuarial Profession's response to Independent Public Service Pensions Commission consultation
President of the Institute and Faculty of Actuaries, Ronnie Bowie, said: “There is a range of viable possible risk sharing options which have some traction in the private sector whose experience the Commission could learn from. However, our ... read more >>
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Actuarial Profession announces three new mortality and morbidity research projects
Whilst the ageing population and increased longevity are welcome indicators of health and societal improvements, they present new challenges for business and government alike. Mortality investigations are the cornerstone of actuarial science but also ... read more >>
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New generation of actuaries must speak up about the future of pensions
John said: "Over the last 25 years, pension costs and risks have escalated out of all proportion. The movement towards defined contributions is a natural reaction to this, but this move might not be right for all employers. So, as we look for ... read more >>
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New report focuses on the impact of tax policy on employer sponsored pension provision
Public commentary and analysis of the substantial changes in pensions provision in the UK have tended to focus on the substantial increases in costs of provision over the past three decades and how these costs are recognised and met. The new PPI report, ... read more >>
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News from the Financial Reporting Council, February 2011
Publication of Funeral Plans TAS ... read more >>
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Emerging trends in mortality and longevity; Call for abstracts, presentations and posters
The symposium is sponsored by the UK Mortality Research Steering Committee, the International Actuarial Association Mortality Working Group and our multidisciplinary partners. The identified themes are Socio-demographics, Individualised risk and The ... read more >>
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Structure update
The proposals are designed with simplicity, accountability and efficiency in mind and will be phased in through 2011. Our primary goal is to improve our operational effectiveness and better place the Profession to deliver top class services to its ... read more >>
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News from the Financial Reporting Council, January 2011
Publication of Transformations TAS The BAS published its Specific TAS on Transformations on 16 December 2010. The TAS applies to specified work in relation to both pension and insurance transformations, essentially where there is a change to members’ or ... read more >>
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Notice of public consultation meetings
Exposure Draft 24 of APS P1: Duties and Responsibilities of Actuaries Advising Pension Scheme Trustees (ED24 (APS P1)) Exposure Draft 25 of APS P2: Compliance Review: Pensions (ED25 (APS P2)) Two open consultation meetings have ... read more >>
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The Actuarial Profession Chief Executive
She was the first person to be appointed by both bodies to oversee their joint operations while also holding the role of Director General of the Institute. ... read more >>
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New booking process and dates for 2011/2012 practical exams
We have increased the number of exams we are running and are managing the demand by bringing the booking for these exams more in line with the other exams, where all the dates will be visible but there will be clearly defined booking periods. We feel that ... read more >>
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CPD Scheme 2010/2011 – Sanctions for non-compliance
Details of the new sanctions can be found here and updated version of the 2010/2011 CPD scheme (version 2) can be accessed by clicking here. ... read more >>