Working Paper 117 was published in January 2019. The working paper describes the experience of pension annuities in payment over the period 2011 to 2016; the results are available in accompanying spreadsheets. Note: this paper is available to Authorised Users only.
1. The results originally issued alongside this paper included an allowance for improvements (as described in Section 3.4 of the paper). These were replaced on 14 February to improve the clarity of the description (the results themselves are unchanged) and additional results without improvements were also released.
2. An updated version of Working Paper 117 was issued in August 2019 to correct the calculation of confidence intervals around the differences in improvements (between the annuities dataset and the England & Wales population) in the right-hand columns of Table 6.1 and 6.2.
There is a summary spreadsheet and a detailed spreadsheet for each version of the 2011-2016 results. Each spreadsheet has a notes page detailing its contents. The summary spreadsheet provides a high-level overview of the results but does not allow a user to choose an alternative base table or alternative categorisation of the results. Users wishing to see more granular results and data should refer to the detailed spreadsheet.
Four Excel spreadsheets are provided alongside this paper:
Filter or search events
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.