Library resources for IFoA exams
The new Curriculum from 2019 guides students to support resources for respective subjects as they prepare for IFoA examinations in the new syllabus. For most examination subjects, the IFoA Library offers 'Resources' pages listing suggested additional reading and references. These can complement subject syllabus study and there are also some textbooks that form core reading for examinations:
*There are new 'core reading' textbooks for subjects CB2 (formerly CT7), CM2 (CT8) and SP6 (ST6). These and textbooks for SP9 (ST9) are available as ebooks from the IFoA eLibrary along with others as the Library Service can acquire them from ebook providers for its eLibrary platform.
After member login to the Actuarial Knowledge Hub, IFoA members and students can follow 'Access ebook' links to book titles listed on the Resources pages for each exam subjects.
Staple Inn Actuarial Society papers. The SIAS website also offers a news page for students to find these SIAS papers suggested for additional reading for SA exam subjects. Click on the exam subject to reveal SIAS papers of interest.
The Economist country reports
By licence with The Economist Intelligence Unit, the IFoA Library offers access to the latest EIU country report for the United Kingdom, France, Germany, United States, China and Japan to support students preparing the IFoA SA7 exam with background reading on recent trends. All members can access the latest country report as issued after member login first to the IFoA website, and following the links to the respective reports that will show on the 'Resources for Subject SA7 Investment and Finance Advanced' page. There is no access to archived or previous country reports so it is advised to login regularly for the latest monthly or yearly report.
IFoA eLibrary and new 'Actuarial Knowledge Hub'
The eLibrary is now available to members and affiliates who login via the IFoA website with their IFoA member credentials here. Upon login, IFoA members open the 'Actuarial Knowledge Hub', an integrated research portal. The Hub brings together several distinct sources of research in actuarial science in one search:
- The online journals and ebooks available to IFoA members;
- The valuable catalogue of over 30,000 abstracts and references from journals worldwide built up over many decades by library staff;
- The IFoA library catalogue and its 20,000 records of hard copy holdings;
- A complete index of Actuary magazine features;
- The catalogue of historic rare books collected by the Faculty and Institute since their formation and added to this day on the history and development of actuarial science;
- Thousands of relevant references from research databases across the world.
Among the journal collections available are archives of the Annals of Actuarial Science and British Actuarial Journal and also the European Actuarial Journal, the Geneva Papers on Risk and Insurance, Insurance: Mathematics and Economics, the Journal of Risk and Insurance, the North American Actuarial Journal, and the Scandinavian Actuarial Journal.
Members also have access to over 250 eBooks, from titles to support exam reading to insurance, pensions, risk management and general business books.
Upon request, the IFoA Library Service can set up individual 'Athens' accounts for non-members registered to sit the next CT3 and ST9 exams for a limited period.
To find out more contact the library service at email@example.com or access the Knowledge Hub as a guest user at http://discovery.actuaries.org.uk. to find references for research on your subject enquiry.
IFoA Library catalogue
The Library Service now offers an upgraded online library catalogue which covers all library resources and now includes historical holdings published before 1901 that can be viewed at the Library by arrangement . Members and affiliates can send a 'Request' to the IFoA Library Service to borrow selected results of those printed resources available for loan or export selected catalogue references into a reading list. Access the Library catalogue at: http://library.actuaries.org.uk
External study: Arrangements for IFoA students to use external university and other local library facilities
IFoA students seeking alternative library study space can apply to local university libraries for a non-university library card subject to their admissions policy. The IFoA Library can provide a letter of introduction to support your application to a university or another library facility - please contact firstname.lastname@example.org.
Please note that university libraries prioritise access and study spaces for their students especially during busier university exam periods.
International Actuarial Association, Actuaries Without Borders – ‘Book drive’ donation scheme
Do you have textbooks no longer used from past exam study? The IAA has a ‘Book drive’ scheme inviting those wishing to pledge book titles listed as requested by overseas universities for their actuarial courses. Financial donations to the scheme are also welcome.
For any library enquiries please contact:
We try to respond to email queries within one working day. Researcher access to historical resources may require notice in advance of visit in order to retrieve items from storage.
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Five plenaries and 13 workshops cover current topics and industry trends in the Pension sector with the opportunity to develop your network at the pre-conference evening dinner (18 June). There is also a day ticket option available for the 19 June.
This KSS talk from FinTech Scotland's CEO will explore the mission to create an integrated Fintech ecosystem through provision of funding, support, infrastructure and talent that recognises and responds to the needs of all stakeholders - and the overarching aim for Scotland to be one of the top 5 Fintech global leaders by 2020.
To book your place, please email Barry_Shannon@standardlife.com
CIGI is a well-established one-day seminar designed to increase awareness and encourage discussion on a variety of topical issues across the general insurance industry.
There will be an excellent and diverse line-up of speakers to provide a variety of perspectives and challenge covering technical and professional areas.
Fake news, post truth, mistrust of experts... a familiar roll call of anxieties – or perhaps clichés – about our data rich world. They point to an underlying fear that in this data abundant age the bad data drives out the good and we are left with a broken public discourse.
This event is now fully booked. Please click here to register on the waiting list.
The pensions dashboard has been talked about across the industry for a long time and now nears implementation with DWP’s consultation ending in January 2019.
Our motivation for discussing this important subject comes from some exciting recent research which has analysed the impact of behavioural factors on the decision to purchase an annuity. This work has shown that behavioural factors can explain the well-known low demand for immediate annuities but this research also identifies an important opportunity in relation to deferred annuities (DA). The research suggests that these factors lead to positive incentives to purchase a DA and that, for longer deferred periods, a DA could be an attractive product for both consumers and insurers.
The Institute and Faculty of Actuaries (IFoA) and Singapore Actuarial Society (SAS) are organising a joint Professional Skills Training (PST) in Singapore. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
The IFoA’s Risk Management and Finance and Investment Boards are delighted to host a series of webinars covering a range of topical and trending topics ranging from climate related risks to Brexit.
Notice is hereby given that the ANNUAL GENERAL MEETING of the INSTITUTE AND FACULTY OF ACTUARIES will be held at The Hub, Edinburgh on Wednesday 26 June 2019 at 16.30 (Preceded by tea from 16.00) and followed by a PRESIDENTIAL ADDRESS given by John Taylor.
The Institute for Financial and Actuarial Mathematics (IFAM) at the University of Liverpool is pleased to host the 2019 Actuarial Teachers’ and Researchers’ Conference from 27-28 June 2019. This annual two-day event has been running annually now for many years, each time hosted by a different university, and provides all those interested in actuarial research and education a great opportunity to share their ideas and catch up on the latest developments.
The Institute and Faculty of Actuaries (IFoA) and Actuarial Society of Malaysia (ASM) are organising a joint Professional Skills Training (PST) in Kuala Lumpur. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
Presented by Louise Pryor
Air pollution has gained increasing attention lately. Nicola Oliver, head of longevity and mortality research for Medical Intelligence, will discuss not only the impacts of air pollution on health and life expectancy but also how as an industry we should be addressing it.
The actuarial profession has much to offer the world of banking. In this webinar actuaries with experience in various fields of banking will talk about the opportunities there are in banking; describing the actuarial aspects of the work they do as well as other roles within their area of banking.
Towards the end of June, the International Accounting Standards Board (IASB) is expected to publish an Exposure Draft (ED) of limited changes to its insurance contracts standard IFRS 17, effective date 2022. To help IFoA members, the IFoA’s cross-practice Financial Reporting Group (FRG) is hosting an event at Staple Inn covering these developments.
For more information on the FRG please visit this webpage.
Presenter: Rahul Verma
Presenter Matt Modisett
This KSS talk, presented by the FCA Head of Department in Scotland, will focus on the following 3 main areas:
- FCA business plan priorities
- The future of regulation
- FCA Engagement in Scotland
For life insurers in the UK, the risk margin is one of the most controversial aspects of the Solvency II regime. Following its implementation, the risk margin came under considerable criticism for being too large and too sensitive to interest rate movements. These criticisms are particularly valid for annuity business – such business is of great significance to the national system for retirement provision. This criticism has led to political interest, and the risk margin was a major element of the Treasury Committee inquiry into Solvency II.
GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year.
Presenter Jon Spain
The Life Conference is the premier event for professionals interested in life insurance. Offering a wide range of workshops and plenary sessions it’s the perfect opportunity to discover what’s hot and current in life insurance ensuring you get up to date on the latest thinking and innovation whilst meeting and exchanging ideas with a broad range of professionals.
The IFoA is pleased to announce that this year’s Autumn Lecture will feature the Rt Hon Nicky Morgan MP as its guest speaker. Nicky has previously served as Financial Secretary to the Treasury and Minister for Women. She now chairs the Treasury Select Committee whose remit is to examine the expenditure, administration and policy of HM Treasury, along with all of its agencies and associated bodies.