The Sustainability Research & CPD Committee oversees all research in the Sustainability practice area, including:
- planning and developing an events programme that covers a range of relevant topics, caters for various levels of expertise, and is provided in a range of locations and online
- liasing with relevant Boards/subcommittees/Working Parties and IFoA Executive staff to dertermine appropriate content for events, secure suitable speakers and prepare marketing material
- monitoring and evaulating events (ensure feedback is acknowledged and new ideas embraced/incorporated into event planning)
- liaising with Sustainability-related Member Interest Groups and FinSTIC, which provide CPD opportunities through their study groups and online communities
The committee is developing a list of topics as a guide to inform the provison of Sustainability CPD opportunities for actuaries.
The research working parties page gives more information about current Sustainability research projects.
The membership of the Committee is drawn from a cross-section of the IFoA community, and external experts, to ensure a broad spectrum of specialties and topics are supported.
Sustainability Research & CPD Committee membership:
- Mark Rothwell (Chair)
- Joe Kennedy (Deputy Chair)
- Jonathan Cross
- Emily Forsyth-Davies
- Stuart Gray
- Aled Jones
- Wendy Kriz
- Joshua Palmer
- Chris Paterson
- Shradha Shroff
- Carol Storey
- Nicholas Taylor
The Sustainability Research & CPD Committee operates within a Terms of Reference. Until July 2020, the Sustainability Research & CPD Committee was known as the Resource and Environment Research & CPD Committee.
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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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This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.
Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.
The IFoA Policy Briefing 'Can we help consumers avoid running out of money in retirement' examined the benefits of blending a lifetime annuity with income drawdown. Panellists, including providers and advisers, will look at the market practicalities of taking the actuarial theory through into the core advice propositions used by IFAs and Fund Managers. They will share a number of practical issues such as investment consequences before and after retirement and the level of annuity that is appropriate and answer questions from the audience.
The IFoA is pleased to be hosting the Governor of the Bank of England, Andrew Bailey, to deliver a speech on delivering policyholder protection in insurance regulation. The speech will be presented to an in-person audience, and simultaneously live-streamed. If you would like to watch the event online please visit the event page to book your place.
This webinar looks at the many types of biases, both conscious and unconscious and the impacts they can have in the workplace. Raising our own awareness and understanding of the issues can help us avoid the pitfalls of unconscious bias in particular. We’ve all heard the phrase ‘office banter’ but are we sure that’s how those on the receiving end perceive it and is it ok to go along with it?
Actuaries need to take action now - but how? With a focus on climate change, this session will provide informed insight to enable you to improve your knowledge and understanding of the issues involved, demonstrate how it will impact advice to your clients, and highlight prospective opportunities for actuaries within pensions and wider fields.
Pension scams have become more prevalent as a result of the pandemic, and Trustees have increased responsibilities to protect members, which means that actuaries need to be in a position to provide advice in this area. Our specialist panel will include a professional trustee, an IFA and head administrator, two of whom are members of PASA.
The Covid-19 pandemic creates a challenge for actuaries analysing experience data that includes mortality shocks. To address this we present a methodology for modelling portfolio mortality data that offers local flexibility in the time dimension. The approach permits the identification of seasonal variation, mortality shocks, and late-reported deaths. The methodology also allows actuaries to measure portfolio-specific mortality improvements. Results are given for a mature annuity portfolio in the UK
In this webinar, the authors of the 2021 Brian Hey prize winning paper present a new deep learning model called the LocalGLMnet. While deep learning models lead to very competitive regression models, often outperforming classical statistical models such as generalized linear models, the disadvantage is that deep learning solutions are difficult to interpret and explain, and variable selection is not easily possible.
The dominant underwriting approach is a mix between rule-based engines and traditional underwriting. Applications are first assessed by automated rule-based engines which typically are capable of processing only simple applications. The remaining applications are reviewed by underwriters or referred to the reinsurers. This research aims to construct predictive machine learning models for complicated applications that cannot be processed by rule-based engines.
With the Pension Schemes Act 2021 requiring a long term strategy from Trustees and sponsors, choosing a pensions endgame strategy has become even more critical. However, it is important that the endgame options available are adequately assessed before choosing one. With an ever-increasing array of creative and innovative options available, this decision may not be straightforward.