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Disciplinary Board

The Disciplinary Board oversees and manages the IFoA's Disciplinary and Capacity for Membership Schemes.

The Disciplinary Board’s responsibilities include the following:

  • setting guidance on policies and procedures;
  • setting timeframes for processes;
  • organising training for disciplinary pool members; and
  • producing an Annual Report to Council.

Further detail can be found in the Disciplinary Board’s Terms of Reference and rule 2.41 of the Disciplinary and Capacity for Membership Schemes

Governance

The Disciplinary Board is one of five corporate boards at the IFoA.  It is an independent Board reporting directly to Council.  You can find out more about the relationship between the Disciplinary Board and Council in the Governance Manual of the IFoA.

Membership

The composition of the Disciplinary Board is governed by the Disciplinary and Capacity for Membership Schemes and its members are appointed by the Disciplinary Appointments Committee. All vacancies arising on Boards and their sub committees are advertised as Volunteer vacancies.

The Board is comprised of six Fellows and three lay members, including the Chair.  The current members of the Board are:

  • Stephen Redmond (Chair)
  • Kevin Doerr FIA
  • Athene Heynes
  • Velia Soames
  • Simon Martin FIA
  • George Russell FIA
  • Gordon Sharp FFA
  • Jim Webber FIA
  • Simon O’Regan FIA

View the Disciplinary Board biographies and Register of Interests.

Secretary: Kirsten Mavor

Scheme Review Working Party

In its 2018 Annual Report, the Disciplinary Board undertook to commence a review of the Disciplinary and Capacity for Membership Schemes (‘the Scheme’).  The Scheme Review Working Party was established to deliver this objective.  Visit the Scheme Review Working Party page for further details.

Determinations Review Sub-Committee

The Disciplinary Board oversees the operation of the Scheme and is assisted by the Determinations Review Sub-Committee.  This Sub-Committee reviews all determinations issued and provides recommendations to the Disciplinary Board.  Visit the Determinations Review Sub-Committee page for further details.

Minutes

The Disciplinary Board meets at least four times a year.  Once approved, the Minutes of the meeting are published with redactions only being made for reasons of confidentiality.  The latest minutes can be viewed below.

Annual Reports

The Disciplinary Board reports annually to Council.  The latest Annual Reports can be viewed below.

Contacting the Board

If you wish to contact the Disciplinary Board, or find out anything further about its work, please email disciplinary.board@actuaries.org.uk.

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Start date
E.g., 26/10/2020
End date
E.g., 26/10/2020

Events calendar

  • GIRO 2020 Virtual Conference

    Available to watch globally in November.
    02-13 November 2020
    Spaces available

     

    This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area

  • Spaces available

    The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.

  • Spaces available

    Retail banking is going through a period of substantial change as it moves into the digital age. Banks have large amounts of data about their customers and about their risks. Open data application programming interface (APIs) and data science are enabling banks to use their data to offer innovative and sometimes personalised services. Data science is also adding value in risk areas such as fraud detection and cyber security. At the same time, the move to online banking is making it easier for firms including fintechs to enter banking without having to establish branch networks.

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report. 

  • Spaces available

    Covid-19 has required an urgent and cross-practice initiative to facilitate the extensive impact this pandemic has across all industries. IFoA members have been keen to contribute in a different way, so we developed the IFoA Covid-19 Action Taskforce [ICAT] to coordinate our effort, with a more efficient governance.

    We have over 500 volunteers and countless topics which we have amalgamated into 93 workstreams.