In some instances, we have entered into Memoranda of Understanding (MOUs) with these organisations. These MOUs set out the arrangements that we have with them regarding communication, co-operation, disciplinary matters and joint working practices. We review these MOUs on a regular basis to ensure that they are up-to-date and accurately reflecting the nature of our working relationships.
Organisations we have MOUs with
Currently the IFoA has MOUs with five organisations. These are the:
- Financial Reporting Council (FRC)
- Pensions Regulator
- Pension Protection Fund
- Financial Services Authority (FSA) (in particular, in relation to Designated Professional Bodies)
- Staple Inn Actuarial Society.
We have also entered into a communication protocol with the FRC that sits alongside our MOU with them. It provides further elaboration as regards our collaboration, notification and co-operation procedures in relation to matters which relate to our respective regulatory responsibilities.
- 6 November 2006
Memorandum of Understanding between the Institute and Faculty of Actuaries and the Board of the Pension Protection Fund25 November 2011
Memorandum of Understanding between the Institute and Faculty of Actuaries and the Staple Inn Actuarial Society18 January 2012
Communication protocol between the Institute and Faculty of Actuaries and the Financial Reporting Council21 August 2012
Memorandum of understanding between the Financial Conduct Authority (FCA) and the Institute and Facutly of Actuaries31 March 2013
Memorandum of understanding between the Financial Reporting Council and the Institute and Faculty of Actuaries in relation to oversight and technical actuarial standards16 August 2012
Memorandum of Understanding between the Financial Reporting Council and the Institute and Faculty of Actuaries23 July 2014
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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.
The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.
The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.
Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.
This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.
The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.
Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.
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.