The Institute and Faculty of Actuaries (IFoA) develops online Professional Skills Training (PST) content for its Members to enhance their professional skills and to assist those Members who are subject to the requirements of the CPD Scheme 2020/2021 meet their Professional Skills Training requirements under the Scheme.
The IFoA’s online content is just one option to satisfy the requirements which are to undertake a minimum of 2 hours of “CPD Activities with a Learning Outcome related to managing professional ethical challenges”. The content includes a range of video case studies covering professional and ethical issues.
Unlike previous years, there has been a phased release of content this year with 3 separate releases over the CPD year (November 2020, April and June 2021).This will provide Members with plenty of content well ahead of the end of the current CPD year, ending on 31 August 2021.
- Here is a taster of the video case studies included in the latest release of content published in June 2021: Alex is relieved to discover that her appearance ‘In the Dock’ was just a bad dream but is prompted to think about keeping professional standards in mind in her day to day work
- A heated exchange on social media escalates out of control with consequences!
- A couple find themselves working “Too Close for Comfort” when they start to suspect their respective projects may involve the same client
- Clyde finds himself juggling competing priorities and superiors and discovers you can’t always please everyone
For each video case study there is a separate video where actuaries and others discuss the issues raised.
Request a Toolkit from email@example.com if you wish to run a professional skills session for your colleagues or local association. This will give you access to downloadable links for the videos, useful tips on running a session and access to a range of supplementary content.
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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.
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.
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.
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?
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.
Investment risk-sharing is a fundamental part of whole-life collective defined contribution (CDC) pension schemes, such as the Royal Mail CDC. But how does investment risk-sharing benefit members? And does it favour some groups of members over others?