The Club dines after sessional research events and other selected actuarial events held in Scotland. The usual venue is the Balmoral Hotel in Edinburgh. Its elegant rooms give a fine night-lit view of Princes Street and the Castle. The evening's emphasis is on enjoying good food and company with a minimum of formality.
Toast to the (decimal) Point
The meal is followed by the loyal toast and the club toast to the (decimal) Point, the latter given every year since 1936. There is then a short break for members to re-charge their batteries. On re-assembly the Chair introduces the Institute and Faculty of Actuaries' (IFoA's) guests, usually the authors of papers presented at the sessional events, on a light-hearted 'this is your life' basis, and invites the club to toast their health. One guest is invited to reply.
New members attending their first dinner are next introduced, invited to give a short response (to provide members with a flavour of their background), and duly toasted. Once a year a member is given the honour of proposing the formal Club toast to the Point. There is much wit and ingenuity displayed in varying the theme of the address.
Dinners are drawn to a formal close in time for the Glasgow members to catch the last train to the city that claims it's miles better, while granting that Edinburgh is a capital city! Guests of members are welcome.
Social activities
In addition to the dinners, there is an annual golf outing and an autumn weekend away with partners which includes a choice of a visit to a stately home and gardens, playing golf or hillwalking and of course dining and possibly being pampered in a 5 star luxury hotel.
Reciprocal rights
Members have reciprocal dining rights with the IFoA's Gallio Club, the Faculty (England) Club and the Actuaries' Club (England).
Membership
The annual membership fee remains a modest £15. Dining fees are currently £67.50 which includes pre-dinner drinks, the meal and drinks with and after the meal.
To encourage new members to join and attend, the Club wishes to offer a reduced dining fee for members in their first year of membership which is currently £32.50. A reduction will still apply in the second year of membership with the dining fee currently being £47.50.
Forthcoming events
Meeting dates for 2019 are:
- 21 January 2019
- 25 February 2019
- 25 March 2019
- 24 June 2019
Officers of the Scottish Actuaries’ Club
Chairman: Gordon Wood
Honorary Secretary: Roger Austin
Honorary Treasurer: Bob Gibson
Other Committee Members: Eleanor Jeffrey, Iain McLellan, Kerr Luscombe, John Gill, Amanda Switzer, Chris Young, Claire Yule
Honorary Auditor: Finlay Marshall
Administrator: Clare Anderson. For further information, please contact Clare.
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Events calendar
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Pensions: Actuarial Factors used to Calculate Benefits in UK Pension Schemes
Webinar28 January 2021The IFoA’s Actuarial Review Team has published its first thematic review, which looked at the actuarial advice given by scheme actuaries to UK pension scheme trustees on setting transfer values and commutation rates.
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India Town Hall
Webinar28 January 2021
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual India Town Hall 2021, hosted by John Taylor with IFoA Council Member Mahidhara Davangere and IFoA Chief Executive, Stephen Mann. -
Winter Thought Leadership Lecture with Vicky Pryce
Webinar3 February 2021What are the options for the world economy looking ahead?
In this Thought Leadership Lecture, Economist, Vicky Pryce, will be discussing world economic trends, including the differences in geographical performance and how output is recovering and where.
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Professional Skills Training Webinar - 9 February 2021
Webinar9 February 2021
Trust and Leadership for ActuariesLed by Dr. Jim Baxter, University of Leeds, this webinar introduces some key ideas in the ethics of trust, with a particular focus on those in, or on the path to, leadership roles. Dr Baxter is joined by a panel of experienced leaders who will give their personal perspectives on how they understand the value of trust and how they seek to promote and inspire trust, drawing on their experiences of leadership. The panel includes:
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Health and Care Hot Topics webinar
Online webinar10 February 2021In this webinar, we have two presentations showing the latest research on the implications for life and health insurers of two key issues: genomics and pandemic risk.
Dr Peter Joshi and Paul Timmers will share their research on how well-established underwriting processes can allow for genomics in predicting expected mortality and morbidity. They will then discuss the potential for stratified screening and personalised medicine to improve health and reduce claim costs.
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As the world’s attention begins to turn to COP26 later this year in Glasgow, Sarah Gordon (Chief Executive, Impact Investing Institute) will share her vision for how the financial services industry can deliver for people and the planet, as well as how to encourage more investment with the intention to generate positive, measurable social and environmental impact alongside a financial return.
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Sub-Saharan Africa Town Hall
26 February 2021IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual SSA Town Hall 2021, hosted by John Taylor with IFoA Council Members Mukami Njeru, Prosper Matiashe and IFoA Chief Executive, Stephen Mann. -
MENAP Town Hall
2 March 2021IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual MENAP Town Hall 2021, hosted by John Taylor and IFoA Chief Executive, Stephen Mann.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual India Town Hall 2021, hosted by John Taylor with IFoA Council Member Mahidhara Davangere and IFoA Chief Executive, Stephen Mann.