Response to the Morris Review's initial consultation document of June 2004. Highlights

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Highlights of the submission by the Actuarial Profession to the Morris Review of the profession which resulted from the Penrose Report into events at Equitable Life. Contents include: the context in which actuaries work\; a changing ethos in society\; learning from recent events\; the value of actuaries\; the current regulatory role of the profession\; statutory monopoly over certain areas of work\; the future.