You are here

Annual report 2017/2018

Connecting the world

In 2017/2018 we've worked hard to widen the global appeal of the profession. 

We've developed our qualifications as a globally sort-after standard, we've lead with authority in key issues of public interest, and we've built our global community of trusted professionals.

We believe that our achievements over the past year show that our members are in higher demand than ever from regulators, employers and influencers world-wide. We plan to build on this this demand over the coming year as we continue to push for progress for the benefit of our members, partners and in the public interest. 

You can read all about a year of record-breaking growth for the profession in our annual report.

 

Promoting actuaries worldwide

You can hear more about our key achievements and an introduction from our 2017-2018 President, Majorie Ngwenya in the annual report.

MajorieWe are a professional body with high ambitions. I'm delighted that our significant efforts over the past year have enabled us to adapt to the rapidly changing business environment and demonstrate that the skills and value that actuaries can bring are more important than ever before

Marjorie Ngwenya - IFoA President 2017/2018
 

Governance and finance report

You can view our governance report and key financial information below.
 

Download the report
 

Filter or search events

Start date
E.g., 24/02/2021
End date
E.g., 24/02/2021

Events calendar

  • Sub-Saharan Africa Town Hall

    26 February 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual SSA Town Hall 2021, hosted by John Taylor with IFoA Council Members Mukami Njeru, Prosper Matiashe and IFoA Chief Executive, Stephen Mann.

  • MENAP Town Hall

    2 March 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual Middle East, North Africa and Pakistan (MENAP) Town Hall 2021, hosted by John Taylor and IFoA Chief Executive, Stephen Mann. 

  • Spaces available

    COVID-19 has seen a marked increase in mental health issues. We all have mental health and poor mental health has serious consequences for individuals and our workplaces, with it costing UK businesses £33-42 billion annually.

  • The price is righter

    16 March 2021

    Spaces available

    This webinar provides an overview of the state of the UK protection market, and how different insurers are using different levels of sophistication to price (such as using customer demand models). It considers how insurers have implemented these sophisticated pricing techniques, and the practical challenges they have faced.

  • Spaces available

    This discussion will revolve around the latest industry developments including and introduction to Part VII transfers and Schemes of Arrangement (process, parties involved and recent events), insights and lessons from recent with-profits transactions and restructurings (including Equitable Life and Pru-Rothesay), how firms can apply these learnings to future arrangements, and the outlook for future with-profits transactions and restructurings (including the impacts of Covid-19 and Brexit)

     

  • Spaces available

    What is stewardship and how has the landscape changed under the 2020 UK Stewardship Code?

    • How does effective stewardship create long term value for beneficiaries?
    • What roles do asset owners and asset managers play in active stewardship?
    • A practical approach to stewardship reporting
  • Spaces available

    Income drawdown products offer an investment strategy to generate an income in retirement.  However, for those needing to decumulate their capital to provide a sufficient income in retirement, sequencing risk is high.  This is the risk that poor returns are experienced when capital is highest (in the first part of the decumulation phase) and good returns when capital is lowest (in the last part).   It is very difficult to recover from this risk, if it is realised.  This means that income drawdown products are not very resilient for those needing to decumulate their capital.