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Mortality Research Hub

Actuaries have been active in the study of mortality since the earliest days of the profession and it remains an area where actuaries can contribute to the quality of public debate and lead in the development of new thinking.

An ageing population and increasing longevity are welcome evidence of social and health improvements in society but raise new issues that are of concern to all. This continues to be an area where the Institute and Faculty of Actuaries (IFoA) can act in the public interest by working with other disciplines, for example in the medical, social sciences and demographic fields. Combining the expertise of actuaries with that from other disciplines will substantially improve the understanding of mortality and morbidity risk.

Mortality Research Steering Committee (MRSC)

In 2006, the IFoA recognised that collaboration with other disciplines offered an opportunity to better understand past, present and future mortality trends by setting up a multi-disciplinary Mortality Research Steering Committee (MRSC). An initial scoping study was followed by a successful multidisciplinary conference on mortality and longevity in October 2009.

MRSC's six research priorities

The MRSC has established six research priorities that it is focusing its efforts on:

  1. Predicting future population mortality improvements
  2. Forecasting trends in morbidity
  3. Supporting the profession’s efforts to resolve the challenge of providing older age care
  4. Managing risk in products providing longevity protection
  5.  Tools and techniques for analysing portfolio experience
  6. Communication of complex risk behaviours in ways that are easy to understand

Find out more on the MRSC's research priorities.

Horizon scan

The MRSC is also in the process of carrying out a horizon scan to identify themes on which mortality, morbidity and longevity research activity should be initiated by the IFoA. We hope to publish our first output for this in the near future.

MRSC stakeholder event

In October 2019, the MRSC held a stakeholder event. This included discussion of the MRSC’s six priority areas as well as discussion of alternative priorities. A summary of the discussions is available on the stakeholder event page.

UK Mortality and Longevity Updates 

The MRSC also connects up with the International Actuarial Association’s Mortality Working Group.  On their website, you can read the latest UK Mortality and Longevity Update prepared for the IAA Mortality Working Group and other interested parties.

Contact Details

For more information about the calls for research please contact the Research and Knowledge Team.

research@actuaries.org.uk

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E.g., 23/11/2020
End date
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Events calendar

  • Spaces available

    The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.

  • Spaces available

    Retail banking is going through a period of substantial change as it moves into the digital age. Banks have large amounts of data about their customers and about their risks. Open data application programming interface (APIs) and data science are enabling banks to use their data to offer innovative and sometimes personalised services. Data science is also adding value in risk areas such as fraud detection and cyber security. At the same time, the move to online banking is making it easier for firms including fintechs to enter banking without having to establish branch networks.

  • UK Town Hall 08:30-09:30

    Webinar
    4 December 2020

    Spaces available

    IFoA President Tan Suee Chieh would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual UK Town Hall 2020, hosted by Tan Suee Chieh with IFoA’s Immediate Past President, John Taylor, President Elect, Louise Pryor and IFoA Chief Executive, Stephen Mann.  

  • UK Town Hall 10:00-11:00

    Webinar
    4 December 2020

    Spaces available

    IFoA President Tan Suee Chieh would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual UK Town Hall 2020, hosted by Tan Suee Chieh with IFoA’s Immediate Past President, John Taylor, President Elect, Louise Pryor and IFoA Chief Executive, Stephen Mann.  

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report. 

  • Spaces available

    Running off the £2 trillion of UK corporate sector defined benefit liabilities in an efficient and effective fashion is the biggest challenge facing the UK pensions industry. Trustees and sponsors overseeing those schemes need to be clear on their target end-state and the associated journey plan – but too few have well articulated and robust plans.

  • Spaces available

    The actuarial skill set has much to offer the banking industry. So many of the skills that actuaries acquire during their working life translate across to the world of banking and yet banking is perceived as an alien environment to many actuaries. But is it?

  • Spaces available

    Covid-19 has required an urgent and cross-practice initiative to facilitate the extensive impact this pandemic has across all industries. IFoA members have been keen to contribute in a different way, so we developed the IFoA Covid-19 Action Taskforce [ICAT] to coordinate our effort, with a more efficient governance.

    We have over 500 volunteers and countless topics which we have amalgamated into 93 workstreams.