Document library
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Pension Scheme Investing, the role of derivatives
09/07/2013 1 Pension Scheme Investing: The role of derivatives Gwion Moore Client Strategies and Research Russell Investments 09 July 2013 Derivatives and portfolio construction • Many derivatives can be though of as borrowing cash to buy ... read more >>
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The Trustee Perspective
09/07/2013 1 The trustee perspective Carol Perry Director Independent Trustee Services Ltd 09 July 2013 Introduction Career in pensions Appointed as a Director of Independent Trustee Services Limited in July 2006 Director ... read more >>
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Understanding the components of longevity risk
26/06/2013 1 Components of longevity risk Tim Gordon 27 June 2013 Agenda • Context is final salary pensions – low anti-selection risk L it i k b t• ongev y r s y componen – Per individual – Baseline – Trend • Value at risk 27 June 2013 ... read more >>
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Conflicts of Interest Working Party (2012). Conflicts of Interest Consultation Paper: Feedback and Final Proposals. Edinburgh: Institute and Faculty of Actuaries
This is the feedback and final proposals document prepared by the Conflicts of Interest Working Party and published on 29 June 2012 following the consultation on conflicts in October-December 2011. . Consultation paper: Conflicts of interest ... read more >>
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Professional Regulation Executive Committee (2012). Conflicts of Interest: A Note for Pension Scheme Trustees. Edinburgh: Institute and Faculty of Actuaries
This Note for Pension Scheme Trustees is designed to assist actuaries in explaining to trustee boards the professional obligations which fall on them. Additionally, it is to assist trustee boards in exploring with their actuary the kinds of conflicts ... read more >>
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Professional Regulation Executive Committee (2012). Conflicts of Interest: A Guide for Actuaries. Edinburgh: Institute and Faculty of Actuaries
This Guide for Actuaries is designed to assist actuaries in all practice areas to think about, identify and manage conflicts of interest which they may face in their working lives. It was published on 29 June 2012 and is non-mandatory resource ... read more >>
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Pensions Standards Committee and Conflicts of Interest Working Party (2012). APS P1: Duties and Responsibilities of Members Undertaking Work In Relation to Pension Schemes. Edinburgh: Institute and Faculty of Actuaries
This Actuarial Profession Standard (APS) is Version 2.0 of APS P1: Duties and Responsibilities of Members Undertaking Work In Relation to Pension Schemes. It was published on 29 June 2012 and takes effect from 1 July 2013. APS P1: Duties ... read more >>
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Extreme trend reversal, model risk and other challenges in modelling future
02/07/2013 1 Extreme trend reversal, model risk and other challenges in modelling future improvements Andrew Gaches, Hymans Robertson 02 July 2013 How well have we predicted trends? 86 87 80 81 82 83 84 85 ife ex pe cta nc y f or m an ag e ... read more >>
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New insights from the Longevity Science Advisory Panel
6/25/2013 1 Longevity Gap: Gender & Socio- i Ci teconom c rcums ances Joseph Lu Head of Longevity Risk Team 1 July 2013 • Life expectancy: Past and future variations by socio-economic group in Publications 2 Longevity Science Advisory Panel ... read more >>
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Rising to the challenge of generating longevity stresses
26/06/2013 1 Calibrating longevity stresses A practical life office perspective Kevin Armstrong 27 June 2013 Longevity stresses – the challenge The challenge Complexity of the problem Amount of potential analysis Key Judgements – differing ... read more >>
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Council (2012). Tracked-changed version of the Disciplinary Scheme. Edinburgh: Institute and Faculty of Actuaries
This is the tracked-changed version of the Disciplinary Scheme containing amendments to reflect the restructure of the Financial Reporting Council which will be put to members at the AGM. 1 INSTITUTE AND FACULTY OF ACTUARIES DISCIPLINARY SCHEME ... read more >>
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Beyond the 2011 census – understanding oldest old mortality
21/06/2013 1 Beyond the 2011 Census – understanding oldest old mortality Dave Grimshaw Partner, Barnett Waddingham LLP 27 June 2013 2011 Census • Collects information about the population every 10 years • Continuous since 1801 (except 1941) • ... read more >>
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Continuous Mortality Investigation
21/06/2013 1 Continuous Mortality Investigation Gordon Sharp – Chairman, CMI Executive Committee Mortality and Longevity Seminar 2013 27 June 2013 Agenda • Changes to CMI structure and funding M t lit P j ti CMI 2012 d lt ti• or a y ... read more >>
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Estimating risk profiles for common diseases from environmental and genetic factors
18/06/2013 1 Estimating risk profiles for common diseases from environmental and genetic factors Cathryn Lewis King’s College London Contents • Introduction to genetic prediction • Estimating disease risks • Implications 18/06/2013 2 ... read more >>
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Mortality and Smoking Prevalence
18/06/2013 1 Mortality and Smoking Prevalence A Mortality Model for Multiple Populations Torsten Kleinow and Andrew J.G. Cairns Heriot-Watt University 18 June 2013 Mortality rates 18 June 2013 18/06/2013 2 Smoking prevalence 18 June ... read more >>
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Incorporating model uncertainty into mortality forecasts
Incorporating model uncertainty into mortality forecasts Jon Forster and Xiaoling Ou Mortality Research Grants Presentation, 17 June 2013 Staple Inn Hall, London Jon Forster and Xiaoling Ou Incorporating model uncertainty into ... read more >>
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E02 Back to the future - what yesterday can tell us about tomorrow's pensions
18/06/2013 1 Back to the Future What yesterday can tell us about tomorrow’s pensions Mark Rowlinson FIA 18 June 2013 Opening comments… 18 June 2013 2 Defined benefit pensions Good efficient outcomes Current funding framework contribution ... read more >>
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Plenary 3: Auto-enrolment and how the regime in the UK compares to international systems
12/06/2013 1 Plenary 3: Auto-enrolment and how the regime in the UK compares to international systems Phil Simmance, Towers Watson Rudi Smith, Towers Watson Susan Thorp, University of Technology, Sydney 5-7 June 2013 Speakers: Rudi Smith, ... read more >>
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D04 Actuaries as 'financial engineers', Derek Cribb
10/06/2013 1 What do actuaries do now, and what will they do in the future? Derek Cribb Chief Executive, Institute and Faculty of Actuaries June 2013 Agenda 1 1. Introduction 2. International 3. Wider Fields 4. Conclusion ... read more >>