Standards Review Committee (SRC)

The Standards Review Committee (SRC) has a voluntary actuary Chairman, voluntary actuary member and a lay member.

The Committee meets four times a year. The SRC works with the various Practice Executive Committees and their relevant sub-committees responsible for professional standards, or other working parties as appropriate.

 

Membership of the SRC is listed below.

 

Alan Watson

Alan Watson is a Scheme Actuary with Aon Hewitt in Edinburgh. He advises trustees and employers on their pension scheme arrangements.

 

Alan is also a member of the Council of the Institute and Faculty of Actuaries and a member of its Scottish Board. He chairs the Standards Review Committee and the working party currently undertaking a review of the Actuaries' Code.

 

He also serves on the Pensions Practice Executive Committee.

 

Melanie is a life insurance actuary with 18 years experience in the global life insurance industry.

 

She has worked in the UK, India and the Netherlands, for both life insurance companies and insurance consulting firms, in areas including financial reporting, embedded values and Solvency II.

 

Melanie was an examiner on the UK Actuarial Profession’s exam board for 10 years, assisting with the setting of the life insurance and life insurance fellowship exams.

Alan is Chair of ILEX Professional Standards Ltd, the regulatory arm of the Institute of Legal Executives. Since 1983 he has specialised in professional regulation. He has worked in both executive and non-executive roles, and has served as a lay member of a range of regulatory bodies. In all he has been involved in standards setting for some 50 professional groups, has published numerous articles on the subject in professional journals and has delivered papers at national and international conferences.