Document library
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Equity Release Working Party terms of reference
Equity Release Working Party Terms of reference, up to 29 February 2008 Aim To identify, following the publication of the profession's Report on Equity Release Mechanisms in 2001, further means to inform, educate and explain equity release as a ... read more >>
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- Author:
- J J Caslin
- Source:
- British Actuarial Journal [BAJ] (2004) 10: 441-541
Hedge funds
HEDGE FUNDS By J. J. Caslin [Presented to the Faculty of Actuaries, 16 February 2004] abstract The paper opens by showing how certain types of hedge funds can reduce the risk and increase the return on a traditional ... read more >>
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- Author:
- Ian Aley; Demetre la Grange
- Source:
- Younger Members' Convention 2004
Buying out pensions liabilites - theory vs practice (Slides)
IAN ALEY - BUSINESS DEVELOPMENT DIRECTOR, PRUDENTIAL DEMETRE LA GRANGE - CONSULTANT, HEWITT BUYING OUT PENSIONS LIABILITIES - THEORY Vs PRACTISE * PRESENTATION OVERVIEW Buy-out costs Vs scheme liability valuations Pricing an annuity Bulk Annuity ... read more >>
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- Author:
- P J Sweeting
- Source:
- British Actuarial Journal [BAJ] (2004) 10: 353-418
Pension schemes and fixed income investment
PENSION SCHEMES AND FIXED INCOME INVESTMENT By P. J. Sweeting [Presented to the Institute of Actuaries, 26 January 2004] abstract The purpose of this paper is to investigate the role that fixed income securities should play ... read more >>
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- Source:
- British Actuarial Journal [BAJ] (2004) 10(5): 1047-1070
The Penrose report. A discussion meeting held by the Institute of Actuaries. Abstract of the discussion
The `Report of the Equitable Life Enquiry', by The Right Honourable Lord Penrose, was delivered to Treasury Ministers on 23 December 2003, and was published on 8 March 2004 by The Stationary Office (also at www.hm-treasury.gov.uk). Members were encouraged ... read more >>
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- Author:
- T J Sheldon; A D Smith
- Source:
- British Actuarial Journal [BAJ] (2004) 10(3): 543-626
Market consistent valuation of life assurance business
In recent years there has been a trend towards market consistent valuation in those institutions for which actuaries have responsibilities. The larger United Kingdom with-profits insurance companies are now preparing realistic balance sheets, both for ... read more >>
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- Author:
- R C Willets; A P Gallop; T Leandro; J L C Lu; A S Macdonald; K A Miller; S J Richards; N Robjohns; J P Ryan; H R Waters
- Source:
- British Actuarial Journal [BAJ] (2004) 10(4): 685-832
Longevity in the 21st century
The main objective of this paper is to offer a detailed analysis of mortality change in the United Kingdom at the beginning the 21st century. Starting from an exploration of 20th century mortality trends, focusing in particular on the 1990s, underlying ... read more >>
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- Author:
- M H Tripp; H L Bradley; R Devitt; G C Orros; G L Overton; L M Pryor; R A Shaw
- Source:
- British Actuarial Journal [BAJ] (2004) 10(5): 919-1026
Quantifying operational risk in general insurance companies
The paper overviews the application of existing actuarial techniques to operational risk. It considers how, working in conjunction with other experts, actuaries can develop a new framework to monitor/review, establish context, identify, understand and ... read more >>
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- Author:
- Institute of Actuaries Designated Professional Body Committee
Compliance Bulletin 8, December 2003
Contents: Extending the Part XX regime for exempt professional firms carrying on insurance mediation and mortgage activities\; Anti-money laundering requirements for licensed firms\; Pension transfers from occupational pension schemes in wind-up\; ... read more >>
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- Author:
- Institute of Actuaries Designated Professional Body Committee
Compliance Bulletin 8 - FSA flyer, December 2003
Attachment to DPB Compliance Bulletin 8. FSA flyer advertising the application pack for persons applying for authorisation to carry out mortgage and general insurance business You can apply for a mortgage and general insurance authorisation Application ... read more >>
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- Author:
- Ivaylo Vlaev; Nick Chater
Consumer understanding of risk research project - second phase
This report presents two related studies. The first study investigates how much the context affects how people make financial decisions, while the second study will investigate consumers’ understanding of financial risk related to retirement savings and ... read more >>
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- Pensions Board
GN4: Insolvency of employers: safeguard of pension scheme contributions. Version 2.4 [adopted by BAS on 19 May 2006]
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/GN4 V2.4 B4.1 GN4: ... read more >>
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- Author:
- Life Office Taxation Working Party
Pre-budget report 2003
The pre-budget report on 10 December 2003 covered a number of areas of interest to life insurance companies. These included management expenses, transfer pricing, savings products, pensions, and share and property derivatives. Pre Budget Report 2003 ... read more >>
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- Disciplinary Review Working Party
Institute of Actuaries disciplinary scheme (effective 1 January 2004)
Institute Disciplinary Scheme 2004. This disciplinary scheme replaces the 1995 scheme. It is a mirror scheme to that of the Faculty so that, for the first time, members of both bodies face the same disciplinary processes. Though for legal reasons the ... read more >>
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- Author:
- Peter Ford
- Source:
- Younger Members' Convention 2003
With-profits? How much worse can it get? (slides)
With profits life assurance 1 abcd 2nd Younger Members’ Conference With-Profits: How Much Worse Can It Get? Peter Ford 1-2 December 2003 The Glasgow Moat House Agenda Bonuses - how much worse can it get? Disclosure - transparency please! ... read more >>
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- Author:
- Rachel Stott
- Source:
- Younger Members' Convention 2003
How to build lasting client relationships (slides)
Customer services 1 abcd 2nd YOUNGER MEMBERS CONVENTION 1-2 December 2003 Moat House, Glasgow How to build lasting client relationships Rachel Stott 1 December 2003, 16.30-17.30 2nd Younger Members Convention, Glasgow ©2001 PricewaterhouseCoopers. ... read more >>
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- Author:
- James Sievewright
- Source:
- Younger Members' Convention 2003
Income protection - the value of claims management (slides)
Permanent health insurance 1 abcd 2nd YOUNGER MEMBERS CONVENTION Income Protection – the Value of Claims management 1-2 December 2003 Moat House, Glasgow Introduction ?Overview of product ?Overview of Market ? Key Players in managing claims ? Factors ... read more >>
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- Author:
- Richard Carter
- Source:
- Younger Members' Convention 2003
Critical illness - a South African perspective (slides)
Dread disease insurance 1 abcd Critical Illness – A South African Perspective Richard Carter Actuarial Product Manager Bright Grey Critical Illness – A South African Perspective Dread Disease - SA Critical Illness – UK Key Differences ... read more >>
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- Author:
- Jonathan Mowbray
- Source:
- Younger Members' Convention 2003
Actuarial and benefits consulting (slides)
Final salary schemes; Money purchase schemes Actuarial and Benefits Consulting Jonathan Mowbray CARES 1 December 2003 Aon Consulting Limited is regulated by the Personal Investment Authority for investment business Why Money Purchase fails ? Members ... read more >>
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- Author:
- Russell Gerrard, Mark Willder
- Source:
- Younger Members' Convention 2003
Why I became an academic (slides)
Universities Why did I become an academic? • Money, fast cars, beautiful women? • Workshy unemployable lacking a decent suit? • Stress-free environment with long holi- days? Not entirely. • Satisfaction of seeing the penny drop • ... read more >>