Document library
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Report on equity release mechanisms
First report of the Equity Release Working Group. A main purpose for this study, apart from giving a comprehensive overview of the use of Equity Release Mechanisms (ERMs) in the UK at Year 2000, is to try to identify the barriers that prevent the ... read more >>
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- Author:
- Life Office Taxation Working Party
The Inland Revenue website
What you can find on the Inland Revenue website. The Inland Revenue Website Actuarial Profession Life Office Taxation Working Party January 2001 Goodbye Hector . The Inland Revenue have sacked their most famous member of staff. This vital piece of ... read more >>
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- Author:
- Pensions Board\; Peter Tompkins
GN26: Pension fund terminology. Version 2.1. Covering letter
January 2001 To All Members Dear Member GN 26: Pension Fund Terminology Following publication of the regulations covering pensions sharing on divorce, introduced by the Welfare Reform and Pensions Act 1999, the Pensions Board has revised GN 26: ... read more >>
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- Author:
- R C Urwin; S J Breban; T M Hodgson; A Hunt
- Source:
- British Actuarial Journal [BAJ] (2001) 7: 319-364
Risk budgeting in pension investment
RISK BUDGETING IN PENSION INVESTMENT By R. C. Urwin, S. J. Breban, T. M. Hodgson and A. Hunt [Presented to the Faculty of Actuaries, 19 February 2001] abstract This paper extends the concept of investment efficiency from ... read more >>
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- Author:
- R J Chapman; T J Gordon; C A Speed
- Source:
- British Actuarial Journal [BAJ] (2001) 7(4): 605-686
Pensions, funding and risk
In this paper, we identify the economic system in which occupational pension schemes operate. This system includes all parties to the pension arrangement, particularly the members of the scheme and the shareholders of the sponsoring company. This ... read more >>
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- Author:
- The Actuarial Profession
Annual research report 2000
This document summarises the research work undertaken in the Actuarial Profession during 2000. A high importance is placed on research, as is demonstrated both through the activities of volunteers in working parties and through grants awarded to outside ... read more >>
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GN27: Retirement benefit schemes - Minimum Funding Requirement. Version 1.5
This pensions Guidance Note has been retained by the Actuarial Profession. MAP/GN27 V1.5 B27.1 GN 27: Retirement Benefit Schemes - Minimum Funding Requirement Classification Practice Standard Application An actuary to an occupational pension scheme ... read more >>
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- Author:
- Pensions Board
GN27: Retirement benefit schemes - Minimum Funding Requirement. Version 1.5. Track changes version
This copy of GN27 shows the track changes between versions 1.4 and 1.5. It is not part of the Manual of Actuarial Practice 1 THIS IS A TRACK CHANGES DOCUMENT AND IS NOT PART OF THE MANUAL OF ACTUARIAL PRACTICE GN 27: Retirement Benefit Schemes - Minimum ... read more >>
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GN11: Retirement benefit schemes - transfer values. Version 8.0
This pensions Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. MAP/GN11 V8.0 B11.1 GN11: ... read more >>
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- Author:
- Pensions Board
GN11: Retirement benefit schemes - transfer values. Version 8.0. Track changes version
This copy of GN11 shows the track changes between versions 7.2 and 8.0. It is not part of the Manual of Actuarial Practice 1 THIS IS A TRACK CHANGES DOCUMENT AND IS NOT PART OF THE MANUAL OF ACTUARIAL PRACTICE GN11: Retirement Benefit Schemes - Transfer ... read more >>
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- Author:
- Compliance/Peer Review Working Party of the professional Affairs Board
- Source:
- Sessional Meeting paper
Monitoring compliance with professional guidance revisited
The Compliance/Peer Review Working Party published a Discussion Paper in November 1999 (B.A.J. 6, 365-431). Consultation with members and employers took place, and this new paper sets out revised recommendations based on the comments on and the criticisms ... read more >>
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- Author:
- Pensions Board\; Peter Tompkins
GN11: Retirement benefit schemes - transfer values. Version 8.0. Covering letter
November, 2000 To All Members Dear Member GN 11: Retirement Benefit Schemes – Transfer Values Following publication of the regulations covering pensions sharing on divorce, introduced by the Welfare Reform and Pensions Act 1999, the Pensions Board has ... read more >>
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- Author:
- Pensions Board\; Peter Tompkins
GN27: Retirement benefit schemes - Minimum Funding Requirement. Version 1.5. Covering letter
November, 2000 To All Members Dear Member GN27: Retirement Benefit Schemes - Minimum Funding Requirement The Pensions Board has revised GN27: Retirement Benefit Schemes - Minimum Funding Requirement Version 1.5 which comes into effect on 1 December 2000 ... read more >>
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- Author:
- Peter Allen
- Source:
- General Insurance Convention 2000
ART [Alternative risk transfer]
Alternative Risk Transfer 27 October 2000 Peter Allen Head of Alternative Risk Transfer Lloyd’s What is ART? ART is an umbrella term for a range of products, other than conventional annual insurance or reinsurance, which handle financial risk. ... read more >>
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- Author:
- Peter Copeman
- Source:
- General Insurance Convention 2000
Making mergers and acquisitions work
2000 General Insurance Convention Making Mergers and Acquisitions Work Peter Copeman 27 October 2000 Mergers and acquisitions What is driving M&A now? M&A Strategy and Change Management The Future Key Issues for Non-Life ... Industry ... read more >>
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- Author:
- Pensions Board\; Peter Tompkins
Review of the minimum funding requirement: interim changes
The May 2000 report of the Pensions Board to the Government in relation to the MFR review sets out, at Section 5.1, three 'interim' changes which the profession has recommended should be made to the current MFR test, in advance of any longer term changes ... read more >>
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- Author:
- Derek F B Newton; Kathy J Byrne; Katie Carmona; Ian Clark; Martin Cross; Peter H Hinton; Julian C T Leigh; Anthony H Silverman; Keith M Taylor; Michael H Tripp
- Source:
- General Insurance Convention 2000
General insurance and the public interest
The actuarial profession has a duty to serve the public interest, a duty that it intends to fulfil. What it does in pursuit of that duty could affect all actuaries, including those working in general insurance. This report starts by considering and ... read more >>
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- Author:
- Richard A Rodriguez; Richard A Shaw; G Sean Laird; Richard H Bland; Graham Fulcher; Richard Kelsey
- Source:
- General Insurance Convention 2000
Shareholder value measures in general insurance
Investors’ primary interest in a company is its ability to produce value to them in the future. Therefore, investors want information about a company’s potential for creating shareholder value. Value is created by enhancing a company’s prospects and ... read more >>
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- Author:
- Anders Brix; Herve J B Fagnoni; Joe C Monk; Justin M E Skinner
- Source:
- General Insurance Convention 2000
Stochastic reserving [summary only]
2000 GENERAL INSURANCE CONVENTION 25-28 OCTOBER STOCHASTIC RESERVING WORKING PARTY 347 GIRO October 2000 Stochastin reserving working party Members: Anders Brix Herve Fagnoni (chairman) Joe Monk Justin skinner Summary: The working party has ... read more >>
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- Author:
- James B Orr; Peter D England; Robert G Cowell; Duncan Smith
- Source:
- General Insurance Convention 2000
Bayesian networks and data mining [summary only]
2000 GENERAL INSURANCE CONVENTION 25-28 OCTOBER BAYESIAN NETWORKS AND DATA MINING Presenters: James OK, Dr Peter England, Dr Robert CowelI and Duncan Smith 117 Bayesian Networks and Data Mining James Orr, Dr Peter England, Dr Robert CowelI, Duncan ... read more >>