Document library
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- Author:
- The Institute and Faculty of Actuaries
Work-based skills. Typical review questions
These learning log review questions are provided to supervisors to help them decide on questions the student should address at different stages of the skills acquisition. Other questions may be chosen. A clear note of the question addressed should be made ... read more >>
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- Author:
- The Institute and Faculty of Actuaries
Suggested study hours and pattern
The actual amount of time each student needs to spend on a particular subject will vary from student to student. Quality of study time is far more important than quantity of study time. However, these guidelines are suggested. July 2013 Suggested study ... read more >>
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- Author:
- Member Options Working Party
- Source:
- Pensions Board 2006
Member Options Working Party Open letter
To the Pensions Regulator and the Department for Work and Pensions Faculty of Actuaries Maclaurin House 18 Dublin Street Edinburgh EH1 3PP Tel: +44 (0)131 240 1300 Fax: +44 (0)131 240 1313 e-mail: faculty@actuaries.org.uk www.actuaries.org.uk ... read more >>
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- Author:
- Member Options Working Party
- Source:
- Pensions Board 2006
Member Options Working Party Letter to members
From the Chairman of the Pensions Board Faculty of Actuaries Maclaurin House 18 Dublin Street Edinburgh EH1 3PP Tel: +44 (0)131 240 1300 Fax: +44 (0)131 240 1313 e-mail: faculty@actuaries.org.uk www.actuaries.org.uk Institute of Actuaries Staple ... read more >>
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- Author:
- Member Options Working Party
- Source:
- Pensions Board 2006
Member Options Working Party Report
This report covers actuarial advice on the options that can be exercised by individual members of occupational defined benefit pension schemes for cash or for different scheme benefits. Report of the Member Options Working Party December ... read more >>
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- Author:
- Min Ji
- Source:
- SA0 submission
A semi-Markov multiple state model for reverse mortgage terminations
Reverse mortgages provide a way for seniors to release the equity that has been built up in their home to supplement their post-retirement income. The value of a reverse mortgage loan is heavily dependent on the maturity or termination date, which is ... read more >>
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- Author:
- S.D. Baxter, O.D. Bettis, S.J.R. Brimblecombe, C.A. Fitzgerald, S. Harrison, V.J. Hodge, B.P. Maher, P.G. Meins, A. Mookerjee, L. Perroy and N.G. Silver
- Source:
- Resource and Environment Group paper
Climate Change and Resource Depletion: The Challenges for Actuaries
Climate change and resource depletion are likely to result in unprecedented changes to the economic and social environment in which actuaries work. Whilst there is a mass of scientific and more general literature, the financial implications have ... read more >>
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- Author:
- Continuous Mortality Investigation
CMI Mortality Projections Model, 'CMI_2010'
Please note that this is a large excel spreadsheet (9mb) and may take some time to download. ●· via e-mail to: ... read more >>
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- Author:
- Continuous Mortality Investigation
User guide for the CMI Mortality Projections Model, 'CMI_2010'
The 'CMI_2009' model has now been updated to reflect the publication of England and Wales population data for calendar year 2009. It has been denoted 'CMI_2010' and is described in this user guide. The structure of 'CMI_2010' is identical to that of ... read more >>
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- Author:
- Continuous Mortality Investigation
CMI Working paper 49. CMI Mortality Projections Model, 'CMI_2010'
In November 2009 the CMI published a new mortality projections model, denoted 'CMI_2009'. The model has now been updated and 'CMI_2010' has been published alongside this paper together with its user guide. The structure of the 'CMI_2010' model is identical ... read more >>
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- Author:
- Anton Brink
- Source:
- SA0 submission
Practical example of a split benefit accelerated critical illness insurance product
This dissertation proposes a new multi-state modelling framework for a general buy-back accelerated critical illness (ACI) product. This product allows the insured to receive a critical illness benefit payable on each of two occasions, when one of the ACI ... read more >>
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- Author:
- National Association of Pension Funds
Fixed-income derivatives made simple. What a trustee needs to know
A valuable tool for pension scheme trustees, identifying the key characteristics, risks and practicalities associated with fixed-income derivatives. National Association of Pension Funds Limited NIOC House 4 Victoria Street London SW1H 0NX Publication ... read more >>
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- Author:
- The Institute and Faculty of Actuaries
Information for UK and Irish students (Subject CT9)
Information for UK and Irish students (Subject CT9) Business awareness practical exam Information for UK and Irish students If the following information does not answer your query, please e-mail practicalexams@actuaries.org.uk Registration for ... read more >>
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- Author:
- Hilary Arksey,Anne Corden, Caroline Glendinning and Michael Hirst
Carers and the management of financial assets in later life (summary)
Helping older people manage their financial assets is a common experience for relatives and friends. Policy and practice have concentrated on protecting vulnerable adults and developing formal arrangements for people who are unable to make their own ... read more >>
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Corporate Plan, 2009/10
The Actuarial Profession's Corporate Plan emerges from the strategy set by the Joint Councils of the Faculty of Actuaries in Scotland and the Institute of Actuaries for the year commencing 1 March 2009. It is a rolling plan, in which we commit to broad ... read more >>
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- Source:
- CPD Handbook
Health and Care CPD, Subjects for technical needs analysis
Health & Care CPD Subjects for Technical Needs Analysis Subject Risk features Product features Market structure Tax Legislation/Supervision Accounting Reinsurance Investment Data Market intelligence Experience monitoring ... read more >>
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The actuarial profession: the future
A survey by Living Designs asked members whether they were for or against the proposed merger. This document gives results by member category and by residence location Member category For Against Undecided Total Honorary Fellow 4 (100%) 0 0 4 ... read more >>
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Common examples of situations where governing bodies might consider obtaining an external review of internally-sourced actuarial advice
These are not intended as exhaustive lists. In many of the examples given in this document, companies will naturally wish to consider other expert advice, particularly legal advice. Common examples of situations where governing bodies might consider ... read more >>
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- Author:
- Matt Saker
Update on IASB projects and financial reporting
Note from Matt Saker, the Actuarial Profession’s representative on the IAA’s Insurance Accounting Committee, to the Insurance Committee of the Groupe Consultatif. The purpose of this note is to provide the Insurance Committee with an update on ... read more >>
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Memorandum of understanding between the UK Actuarial Profession and the Board of the Pension Protection Fund
This memorandum sets out the guidelines and procedures for the exchange of information between the Faculty of Actuaries, the Institute of Actuaries and the Board of the Pension Protection Fund\; and also co-operation and co-ordination between the ... read more >>