Document library
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Faculty and Institute Councils - framework for action
The Councils are accountable to the membership to run the Faculty and Institute in accordance with their Charters, (Rules) and Bye-laws. Council meetings focus on exploratory debates on possible new areas of work, public interest issues, public policy ... read more >>
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An underestimated risk
Persistency risk can have a great impact on a firm's economic value and the markets may underestimate its importance. This article explains how it can affect a company's value. Keywords: persistency\; risk\; banking\; finance\; capital adequacy\; Basel ... read more >>
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Secondary legislation on tax (summary version)
The Inland Revenue issued five sets of regulations in July and August 2003. Two cover fairly obscure points, but a brief description of the others is given here. Secondary legislation on tax Actuarial Profession Life Office Taxation Working Party ... read more >>
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Consultation from the Inland Revenue
The Inland Revenue issued its second consultation on the subject of corporation tax in August 2003. It refers to the specific issues and difficulties in relation to life assurance. The areas of proposed change include taxation of capital gains, the ... read more >>
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Secondary legislation on tax (full version)
The Inland Revenue have issued five sets of regulations in July and August 2003. A brief description of each is given here. Secondary legislation on tax Actuarial Profession Life Office Taxation Working Party September 2003 The Inland Revenue have ... read more >>