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Policy and Public Affairs Board (PPAB)

The Policy and Public Affairs Board (PPAB) has been delegated by Council to advance the public affairs elements of Institute and Faculty of Actuaries (IFoA) strategy.

We will be heard on relevant matters and promote actuarial science and the value it brings to business and society.

PPAB plays a crucial governance role by:

Strategy

  • to support the strategic development of the IFoA’s public affairs and policy agenda.
  • to assess activity against the IFoA’s public affairs strategy and provide direction accordingly.

Planning and oversight

  • to approve an annual public affairs and policy plan and monitor progress
  • to have oversight of the IFoA’s public affairs and policy outputs, including, but not limited to:
    • media releases
    • communications to key stakeholders
    • consultation responses
    • policy briefings and position statements.

Support

  • to support the development of an evidence-based approach
  • to support the delivery of an integrated public affairs programme by representing the IFoA with key partner stakeholder groups.

Governance

  • for those PPAB members representing the key policy priorities they will be recruited through the volunteer vacancy process and their tenure will be in line with the Governance Manual.

Membership of the PPAB

Executive Support: Public Affairs Executive

The Board shall comprise no fewer than nine and no greater than twelve members:

  1. Chair
  2. The Presidential team (President, Immediate Past President and President-elect)
  3. Chair of Regulation Board
  4. At least two and no more than five additional members (of which up to two may be lay members)
  5. IFoA Director of Public Affairs and Research
  6. IFoA CEO

Members are as follows:

  • Jules Constantinou, Immediate Past President
  • John Taylor, President
  • Tan Suee Chieh, President Elect
  • Rt. Hon David Heath (Chair)
  • Stephen Mann
  • Annette Spencer
  • Neil Buckly, Chair of Regulation Board
  • Kartina Thomson
  • Hilary Salt
  • Charles Cowling

All vacancies arising on Boards and their sub committees are advertised on our volunteer vacancies web page.  Further information for volunteers, including tips on how to chair a meeting, can be found in the Volunteer Information Pack.

Filter or search events

Start date
E.g., 04/03/2021
End date
E.g., 04/03/2021

Events calendar

  • Finance in the Public Interest Series

    16 March 2021 - 23 March 2021

    Spaces available

    There is widening debate that many of our social, financial and regulatory institutions need to be rethought so that we can create more sustainable futures, particularly in light of the Covid-19 pandemic, the policy/macro-economic response to the pandemic and how it affects consumers, as well as the impending climate crisis. This multi-day series of three keynote webinars, individually presented by leading economist John Kay, Sir Paul Collier, Professor of Economics and Public Policy at the Blavatnik School of Government, Ashok Gupta, Chair at Mercer Ltd, and Nico Aspinall, Chief Investment Officer at B&CE, will open up discussion on these essential topics. The series will culminate in a panel session with Chief Economist of the Bank of England, Andy Haldane.

  • 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 and what roles do asset owners and asset managers play in active stewardship. This webinar will offer answers to these questions in a practical approach to stewardship reporting.

  • Spaces available

    Mis-estimation risk is a key element of demographic risk, and past work has focused on mis-estimation risk on a run-off basis.  However, this does not meet the requirements of regulatory regimes like Solvency II, which demands that capital requirements are set through the prism of a finite horizon like one year.  This paper presents a value-at-risk approach to mis-estimation risk suitable for Solvency II work.