Document library
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Task and Person Specification – Finance and Investment Board - Deputy Chair
This document contains the details of the Task and Person Specification for the volunteer role of Deputy Chair of the IFoA's Finance and Investment Board. Deputy Chair – Finance and Investment Board (formerly PEC) The Institute of Faculty of Actuaries, ... read more >>
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Finance and Investment Board - Terms of Reference
This document sets out the terms of reference for the Finance and Investment Board. Finance and Investment Board Terms of Reference Overall Board Objective: To be a source of expertise within the profession on matters relating to the finance and ... read more >>
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Note on enterprise risk management (ERM) for capital and solvency purposes in the insurance industry
This Note has been developed by the IAA for insurers to support the Standards and Guidance materials developed by the International Association of Insurance Supervisors (IAIS) for supervisors. It draws on industry experience, supervisors’ supervisory ... read more >>
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Call for research: Project to develop a method of assessing basis risk for longevity transactions
The Life & Longevity Markets Association ("LLMA") and Institute and Faculty of Actuaries today calls for proposals for a research project to develop an industry benchmark for understanding Longevity Basis Risk. Call for Proposals for a Research ... read more >>
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Detailed Task and Person Specification for members joining the Finance and Investment PEC
This document sets out details about the volunteer vacancy for a new member of the Finance and Investment Practice Executive Committee (PEC). The Institute and Faculty of Actuaries Finance and Investment Practice Executive Committee (PEC) – member of ... read more >>
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Research report - Resource constraints: sharing a finite world. Implications of Limits to Growth for the Actuarial Profession
Economic growth has received significantly more attention globally over the last few years. While traditional growth has been very visible through the consumption of resources, the resources required to sustain the current level of economic growth may not ... read more >>
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Appointment of Finance and Investment Practice Executive Committee (PEC) Members - detailed task specificaton
This document has been created to provide members, who are interested in volunteering to join the Finance and Investment PEC, to better understand what is involved in this volunteer role. APPOINTMENT OF FINANCE AND INVESTMENT PRACTICE EXECUTIVE ... read more >>
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Does your hedge do what it says on the tin? Hedging strategies for insurers: effectiveness in recent conditions and regulatory treatment. Report of the Risk and Investment Working Party
This paper looks at some of the most popular hedges for with-profits and annuity funds within UK life insurance companies. We report on regulatory requirements and current treatments before comparing performance of underlying assets and the hedging assets ... read more >>
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LPI market - LPI, fatal floors in BPA pricing
Presentation to the Yorkshire Actuarial Society, 8 February 2012 © 2010 The Actuarial Profession www.actuaries.org.uk Yorkshire Actuarial Society 8 February 2012 LPI market - LPI, fatal floors in BPA pricing Ian Cooper Neil Snyman Agenda 1 © 2010 ... read more >>
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Transcript of the Conflicts of Interest consultation meeting held in London on 24 October 2011
Transcript of the 'Conflict of Interest' consultation meeting held in London on 24 October 2011 PAGE PAGE 41 The Actuarial Profession Institute and Faculty of Actuaries -------- Conflicts of Interest Consultation Meeting Monday 24 October ... read more >>
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Actuaries and discount rates; a discussion
This report “Actuaries and Discount Rates” by Chinu Patel and Chris Daykin is the result of their initial research into past and current practice in the setting of discount rates in the UK, and a survey of existing research and debate. Actuaries and ... read more >>
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Current topics 2010 (FASS). Investments
In this background document, we look back at 2009, with a particular focus on the UK economy and asset classes. Financial markets, gripped by fear and panic, went into freefall in 2008. The collapse of Lehman Brothers in September of that year was an ... read more >>
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The Financial Services Act
Presented to the Staple Inn Actuarial Society on 3rd December 1991 THE FINANCIAL SERVICES A C T - CURRENT ISSUES by M. R. Kipling MA, FIA CONTENTS 1. Introduction 2. An FSA Glossary 3. An FSA Chronology 4. Sins of Commission 5. Product Disclosure 6. ... read more >>
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Research project on discount rates
Details of the initial call for research. Call for proposals for research project on discount rates Background The Management Board of The Actuarial Profession wishes to undertake a thought leadership cross-practice research project on discount ... read more >>
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Inflation IAN draft outline august 09
My comments attached - Paul Fulcher IAN (Insert No.) Inflation Hedging Information and Assistance Notes (IANs) are intended to provide helpful material on particular matters in an accessible form for all members including those who may not have any ... read more >>
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Inflation IAN draft outline August 09 - version 2
IAN (Insert No.) Inflation Hedging Information and Assistance Notes (IANs) are intended to provide helpful material on particular matters in an accessible form for all members including those who may not have any specialised knowledge in the relevant ... read more >>
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Current topics. Investments
Current Topics provides qualified actuaries and actuarial students in Scotland with a summary of the major issues affecting the profession in the last year. Faculty of Actuaries Students’ Society Current Topics – Investments March 2009 ... read more >>
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The Golden Age of Government Bond Analysis (1961-1986). Review
The Golden Age of Government Bond Analysis (1961-1986) Review by Robert Walther I was absolutely delighted to be asked to review this publication on two grounds; firstly, I knew all the authors well – they were all highly respected partners of ... read more >>
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Comparing bank and life insurer risks, part 2
Click here to print this page Banking: A risk comparison In the second of two articles, Patrick Kelliher concludes his analysis of the various risks faced by banks and life insurers and asks what each can learn from the other The first part of this ... read more >>