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Financial Consumer Support Committee terms of reference

Financial Consumer Support Committee Terms of Reference, to 29 February 2008 1. To provide advice and support to actuaries and others using actuarial services involved in personal financial planning through: (i) Promoting the value that actuaries can ... read more >>

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Professional Affairs Board

Due process for approving standards issued by the Actuarial Profession (AP Standards). Version 1.0

This document sets out a procedure designed to enable and encourage members of the Actuarial Profession and other interested parties to participate in the production of AP Standards of the highest quality. It is effective from 1 January 2007. PSD/DP V1.0 ... read more >>

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Board for Actuarial Standards\; Paul Seymour

Changes to GNs 44, 45, 46 and 47. Letter to the Faculty and Institute Presidents from the Chairman of BAS

Letter from the Chairman of the Board for Actuarial Standards setting out the Board's approach in making amendments to GNs 44, 45, 46 and 47 following the FSA's changes in PS06/14, ie, by taking the opportunity to limit standards to what is not contained ... read more >>

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Continuous Mortality Investigation

CMI working paper 24. Sickness experience 1999-2002 for group income protection policies

Continuous Mortality Investigation Income Protection Committee Working Paper 24 Sickness Experience 1999-2002 for Group Income Protection Policies 1 SICKNESS EXPERIENCE 1999-2002 FOR GROUP INCOME PROTECTION POLICIES KEYWORDS Group ... read more >>

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Author:
Hamish Galloway
Source:
Critical illness - MOT or cosmetic surgery? One-day seminar, 6 December 2006

Capital and risk management. A case study (handouts)

1 Critical Illness – MOT or Cosmetic Surgery? Capital & Risk Management A Case Study Hamish Galloway – 6 December 2006 Critical Illness and the ICA This section will ?Assume ICA methodology in place ?Concentrate on Marginal Effect of adding ... read more >>

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Life Office Taxation Working Party

Pre-budget report 2006 and implications for life assurance

This year's Pre-Budget Report issued on 6 December 2006 contained significant detail that has implications for the taxation of life assurance companies and Friendly Societies. This paper summarises the key areas likely to be of most interest to life ... read more >>

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Author:
Dave Grimshaw
Source:
Critical illness – MOT or cosmetic surgery? seminar, December 2006

CMI Critical illness investigation

CMI Critical Illness Investigation “Critical Illness – MOT or Cosmetic Surgery?” seminar 6 December 2006, Staple Inn Dave Grimshaw Secretary, CMI Critical Illness Committee Agenda • History of the CI investigation • Key Challenges • Recent ... read more >>

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Author:
Sid Malik
Source:
Critical illness - MOT or cosmetic surgery? One-day seminar, 6 December 2006

Capital and risk management (handouts)

1 ICAS to Solvency II Tom Crossland / Sid Malik Financial Services Authority 2 Objective of Presentation ? To provide a high-level ‘gap analysis’, to the extent appropriate, between ICAS and Solvency II ? The reasons for the emboldening are ? ICAS ... read more >>

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Author:
Murray, Paul
Source:
Critical illness - MOT or cosmetic surgery? One-day seminar, Staple Inn, 6 December 2006

Reviewable premiums (handouts)

1 Reviewable premiums Paul Murray, Swiss Re Recap Key milestones so far: ? August 2005 : FSA SoGP – fairness of terms in consumer contracts ? May 2006 : ABI paper on reviewability And previous industry views: ? Hickman, CI Current Issues Seminar ... read more >>

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Author:
Myles Pink
Source:
Our Changing Future meeting for actuaries in Scotland

Reducing risk in corporate pensions (slides)

P A T E R N O S T E R Reducing risk in corporate pensions Myles Pink, Paternoster Faculty of Actuaries 6 December 2006 Pension Protection Fund Deficit volatility Improving longevity Increasing disclosure obligations Pensions ... read more >>

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Report on the 2006 Scottish Actuaries Club Outing, 29 September - 1 October 2006

SCOTTISH ACTUARIES CLUB Report on 2006 Outing 29th September – 1st October 2006 Ten of the Club’s members and their wives converged on Gleddoch House Hotel on 29th September, fifty percent of the members were exiled FFAs, whilst forty ... read more >>

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The alternative route home. Alternative report on the Scottish Actuaries Club 2006 Outing, 29 September - 1 October 2006

SCOTTISH ACTUARIES CLUB Alternative Report on 2006 Outing, 29 September – 1 October 2006 The Alternative Route Home In the afternoon 4 Mt Stuart Garden Refuseniks (that’s refuse, not refuse) took off for Gleddoch via the scenic road round ... read more >>

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Author:
Anthony Day
Source:
Younger Members' Convention 2006

Will climate change your life?

Younger Members Convention 2006 Session A5 Monday 4th December To download this presentation as an MP3 file visit www.climate4x4.com Will climate change your life? – Anthony Day Yes, climate change is a problem… Average global temperatures have ... read more >>

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Author:
John W Hawkins
Source:
Younger Members' Convention 2006

The Treasurer and the Actuary. Jointly managing a company's risk (handouts)

1 The Treasurer and the Actuary Jointly Managing a Company’s Risk John W Hawkins Mercer Human Resource Consulting 4th December 2006 The Treasurer and the Actuary: Jointly Managing a Company’s Risk Themes: ?The risk perspective of the Treasurer & ... read more >>

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Author:
Monet Villet
Source:
Younger Members' Convention 2006

Making sense of ICA, Solvency II and economic capital: building blocks and market developments (handouts)

1 Making sense of ICA, Solvency II and Economic Capital: Building blocks and market developments 2006 Younger Members Convention 4 December 2006 Monet Villet Risk decisions in gaming industry ? 50:50 ? Phone a friend ? Ask the audience ? Fold ? ... read more >>

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Author:
Eric Pizarro; Ofir Eyal
Source:
Younger Members' Convention 2006

A framework for assessing reserve uncertaintly (handouts)

1 YOUNGER MEMBERS CONVENTION St Andrews Bay, Fife, Scotland A Framework for Assessing Reserve Uncertainty 4 December 2006 Eric Pizarro Ofir Eyal Contents Why is quantifying reserve uncertainty important? The business benefits of quantifying reserve ... read more >>

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Author:
Vassos Vassou
Source:
Younger Members' Convention 2006

Scheme specific funding and my experience at the Pensions Regulator (handouts)

1 December 2006 Page 1 Scheme Specific Funding and my experience at the Pensions Regulator Vassos Vassou December 2006 Page 2 Agenda 1. Principles underlying scheme specific funding 2. A summary of how tPR intends to regulate the funding of defined ... read more >>

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Author:
Margaret Abraham
Source:
Younger Members' Convention 2006

NLP - Metaphorically speaking (handouts)

1 NLP – Metaphorically speaking Speaker Margaret Abraham Life / Communication Coach Understanding our Communication Model 7% Words 38% Tonality 55% Physiology 93% of our communication is non-verbal NLP Communication Model (Emotions ) 2M bits of ... read more >>

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Author:
Louis Manson
Source:
Younger Members Convention 2006

Career maximisation and why to use a recruitment consultant (handouts)

1 Career Maximisation and Why to Use a Recruitment Consultant? Louis Manson GAAPS Actuarial It’s all about the LOVE … so where does the love go? ? A Quote … ? “Love never dies a natural death. It dies because we don’t know how to replenish it’s ... read more >>

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Author:
Marcus Bowser
Source:
Younger Members' Convention 2006

Operational risk - a practical guide (handouts)

20/12/2006 1 Operational risk – A practical guide Marcus Bowser 4 December 2006 Page 2 Agenda • What is operational risk? • Why should we care about operational risk? • How can we identify and measure our exposure to operational risks? • How can ... read more >>