News
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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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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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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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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 >>
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Publication of exposure drafts for APSs for pensions actuaries
The EDs are: • 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 ... read more >>
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Update on conflict of interest discussion paper and surveys
Whilst the conflicts of interest working party has had a substantial response to the discussion paper from members (278 responses in total), for which it is very grateful, it has received relatively few responses from users of actuarial services, in spite ... read more >>
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Actuary predicts Premier League champion and who will be relegated
At the Actuarial Profession's Life conference, taking place in Birmingham from 7 to 9 November 2010, Greg will deliver a presentation using computer simulations and a technique known as Monte Carlo simulations, named after the casino capital of ... read more >>
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Solvency II and making sense of enterprise risks
Solvency II requires risk interactions to be considered, yet typical risk management techniques split risks into categories which are studied separately then aggregated to look at the overall risk profile. This loses valuable information about the risk ... read more >>
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Global enterprise risk management webinar announced
Featuring debates on lthe big issues in ERM, the Europe event will feature three leading figures from the European insurance industry: Karel van Hulle of the European Commission Alberto Corinti of the CEA Seamus ... read more >>
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Improved online catalogue
The online catalogue, which offers access to 40,000 actuarial books, research papers and articles, now has a 'simple search' and an 'advanced search' option. The initial search page offers a ‘simple search’, where all the search terms that have been ... read more >>
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President delivers first address
Speaking in the first Presidential Address to the recently formed Institute and Faculty of Actuaries, Mr Bowie said that the merger of the Institute of Actuaries and Faculty of Actuaries should be used as a defining moment in the profession, creating ... read more >>