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Life Standards and Consultations Sub-committee

The Life Standards and Consultations Sub-committee ensures that regulation relating to life insurance is kept up to date and that appropriate guidance is available to members in the life community

The Sub-committee also:

  • considers consultations which have been delegated to it and drafts responses as appropriate, and in accordance with the Institute and Faculty of Actuaries’ (IFoA’s) consultations process
  • raises awareness on any issues of importance that may not already be captured
  • provides Information and Assistance Notes (IANs) and non-mandatory resource material (including questions and answers, scenarios, case studies and information bulletins) to provide guidance to members in the life community.

Membership is drawn from a spectrum of senior actuaries with experience in addressing policy issues, and maintaining standards

Membership of the Life Standards and Consultations Sub-committee 2020/2021:

  • Phil Simpson 
  • Paul Jolly (Chair)
  • Waqar Ahmed
  • Chantal Bond
  • Greg Douglas
  • John Hoskin
  • Andrew James
  • Daniel Johns
  • Philip Latto
  • Andrew Pelkiewicz
  • Bradley Shearer
  • Mudi Ugono
  • Evrim Koksal Arkut

The Sub-committee operates within a Terms of Reference as laid out in the Governance Manual.

How to join the Life Standards and Consultations Sub-committee

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 (VIP).

Related documents

Contact Details

If you have any questions about a practice area, its working parties, Member Interest Groups or Board and sub-committees, please contact the Communities Team:

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Start date
E.g., 22/01/2022
End date
E.g., 22/01/2022

Events calendar

  • Spaces available

    Over recent months there has been a sharp rise in M&A activity involving British businesses, with interest from overseas, domestic buyers and Private Equity investors.  

  • Spaces available

    Frank Redington is recognised as one of the most influential actuaries of all time. In this talk, Craig will review some of Redington's most important ideas. He will identify the consistent actuarial principles that form a common thread across the contributions Redington made to a broad range of actuarial fields, and will highlight the ongoing relevance of Redington's thinking to 21st century actuarial practice.

  • Spaces available

    The IFoA Mental Health working party look back over their week of blogs and podcasts considering all aspects of the relationship between mental health and life insurance. The expert panel spans adviser, underwriter and actuarial experience and they  explore triggers for purchasing insurance relating to mental health, the various routes to insurance and how these may be more suited to different people depending on their conditions and preferences, the products and processes involved in purchasing these as well as what claims and support are available to policyholders and how to access them.

  • Spaces available

    Part of the 'Finance in the Public Interest 2022' webinar series. If it was ever okay to consider your business in isolation from its surroundings, today it most definitely is not. Thinking about business within its surrounding system is now a necessity. The question we seek to discuss is: How should we prescribe the boundaries in which we consider problems to enable us to create better products and more resilient companies and systems?

  • Spaces available

    What will happen to DC pension savers who see life annuities as poor VFM but still want an income for life?  Pooled annuity funds could offer them a decent lifetime income while reducing significantly the complex choices and risk inherent in income drawdown.  They could be the next generation of CDC pension schemes, slotting into the existing DC framework as a post-retirement option.