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2013

Institute and Faculty of Actuaries (IFoA) consultation responses 2013
IFoA consultation response  Organisation  Consultation Contact
Response 23.12.2013 Department for Work and Pensions Reshaping Workplace Pensions for Future Generations Philip Doggart
Response 13.12.2013 Financial Reporting Council Exposure Draft - AS TM1: Statutory Money Purchase Illustrations Philip Doggart
Response 13.12.2013 Office for National Statistics The Census and Future Provision of Population Statistics in England and Wales Public.affairs@actuaries.org.uk
Response 12.12.2013 Department for Work and Pensions The Pensions Act 2011(Transitional and Consequential Provisions) Regulations 2014 Philip Doggart
Response 29.11.2013 Department for Work and Pensions Better Workplace Pensions: a Consultation on Charging Philip Doggart
Response 15.11.2013 Prudential Regulation Authority CP9/13 - Solvency II: Applying EIOPA’s Preparatory Guidelines to PRA-authorised Firms Public.affairs@actuaries.org.uk
Response 06.11.2013 Financial Conduct Authority CP13/9 Quarterly Consultation Paper No. 2 (Chapter 9) Philip Doggart
Response 31.10.2013 Financial Reporting Council Draft FRS 103 Insurance Contracts Public.affairs@actuaries.org.uk
Response 31.10.2013 Financial Stability Board Assessment Methodology for the Key Attributes of Effective Resolution Regimes for Financial Institutions Public.affairs@actuaries.org.uk
Response 31.10.2013 EIOPA Discussion Paper on Sponsor Support Technical Specifications Philip Doggart
Response 25.10.2013 International Accounting Standards Board Revised Exposure Draft Insurance Contracts Public.affairs@actuaries.org.uk
Response 25.10.2013 Department of Health Caring for our Future: Reforming What and How People Pay for their Care and Support Public.affairs@actuaries.org.uk
Response 24.10.2013 Pension Protection Fund PPF - The 2014/15 Pension Protection Levy Consultation Document Philip Doggart
Response 18.10.2013 Bank for International Settlements Longevity Risk Transfer Markets: Market Structure, Growth Drivers and Impediments, and Potential Risks Public.affairs@actuaries.org.uk
Response 15.10.2013 Financial Stability Board Application of Key Attributes of Effective Resolution Regimes to Non-Bank Financial Institutions Public.affairs@actuaries.org.uk
Response 15.10.2013 Financial Stability Board Information Sharing for Resolution Purposes Public.affairs@actuaries.org.uk
Response 11.10.2013 Bank for International Settlements The regulatory framework: balancing risk sensitivity, simplicity and comparability Philip Doggart
Response 09.10.2013 HM Treasury Banking Reform: Draft Secondary Legislation Philip Doggart
Response 30.09.2013 Financial Stability Board Principles for an Effective Risk Appetite Framework Public.affairs@actuaries.org.uk
Response 30.09.2013 HMRC Withdrawing Relief for Interest on Loans to Purchase Life Annuities Public.affairs@actuaries.org.uk
Response 27.09.2013 Financial Conduct Authority The FCA's Approach to Advancing its Objectives Public.affairs@actuaries.org.uk
Response 23.09.2013 EIOPA Consultation Paper on Draft Report on Good Practices on Comparison Websites Public.affairs@actuaries.org.uk
Response 23.09.2013 EIOPA Good Supervisory Practices Regarding Knowledge and Ability Requirements for Distributors of Insurance Products Public.affairs@actuaries.org.uk
Response 20.09.2013 Department for Energy, Food and Rural Affairs  Water Bill - Publication of Draft Clauses Philip Doggart
Response 09.09.2013 Department for Work and Pensions Quality Standards in Workplace Defined Contribution Pension Schemes Philip Doggart
Response 09.08.2013 Department for Work and Pensions Triennial Review of Pensions Bodies Philip Doggart
Response 08.08.2013 Department for Energy, Food and Rural Affairs  Insurance in Areas of Flood Risk Philip Doggart
Response 26.07.2013 Money Advice Service  UK Financial Capability Strategy Public.affairs@actuaries.org.uk
Response 25.07.2013 International Accounting Standards Board  Defined Benefit Plans: Employee Contributions Proposed amendments to IAS 19 Philip Doggart
Response 19.07.2013 European Commission   Consumer Protection in Third-pillar Retirement Products Philip Doggart
Response 10.06.2013 General Register Office for Scotland  Beyond 2011: Consultation on User Requirements Philip Doggart
Response 17.05.2013 Department of Health Health Care and Associated Professions (Indemnity Arrangements) Order 2013 Philip Doggart
Response 07.05.2013 Ministry of Justice  Damages Act 1996: the Discount Rate - Review of theLegal Framework Philip Doggart
Response 30.04.2013 Financial Conduct Authority Discussion Paper DP 13/1 Transparency Philip Doggart
Response 30.04.2013 The Basel Committee on Banking Supervision, Joint Forum Mortgage Insurance: Market Structure, Underwriting Cycle and Policy Philip Doggart
Response 25.04.2013 Better Regulation Delivery Office Non-economics Regulators: Duty to have Regard to Growth Philip Doggart
Response 15.04.2013 Transport Select Committee Call for Evidence Evidence on Reducing the Number and Costs of Whiplash Claims Philip Doggart
Response 15.04.2013 Department for Work and Pensions Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 Public.affairs@actuaries.org.uk
Response 05.04.2013 Department for Work and Pensions The Transfer of Employment (Pension Protection) (Amendment) Regulations 2013 Philip Doggart
Response 22.03.2013 Department for Work and Pensions Draft Pensions Bill Philip Doggart
Response 19.03.2013 Financial Services Authority CP12/38 Mutuality and With-profits Funds: A Way Forward Public.affairs@actuaries.org.uk
Response 14.03.2013 The Basel Committee on Banking Supervision and the International Organization of Securities Commissions Margin Requirements for Non-centrally Cleared Derivatives - Second Consultative Document Philip Doggart
Response 07.03.2013 Department for Work and Pensions Pensions and Growth: Whether to Smooth Assets and Liabilities in Scheme Funding Valuations Philip Doggart
Response 01.03.2013 Groupe Consultatif Actuariel Européen Exposure Draft - Actuarial Standard of Practice 2 (GCASP2) - Actuarial Function Report Public.affairs@actuaries.org.uk
Response 21.02.2013 Department for Work and Pensions Pensions and Growth: Whether to Introduce a New Statutory Objective for the Pensions Regulator Philip Doggart
Response 11.02.2013 Money Advice Service Draft Business Plan 2013/14 Public.affairs@actuaries.org.uk
Response 01.02.2013 Financial Services Authority, FSA CP12/29 Personal Pensions : Feedback to CP12/5 and Final Rules on Disclosures by SIPP Operators, and Consultation on Inflation-adjusted Illustrations Public.affairs@actuaries.org.uk

Contact Details

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Events calendar

  • SIAS Event: CMI Update

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    1 April 2020

    Spaces available

    We are sorry. This event has now been cancelled.

    Following the release of the updated CMI Mortality Projection Model, CMI_2019, the CMI Mortality Projections Committee will lead a discussion on future mortality improvements.

  • Spaces available

    In the webinar, Stuart Hitchcock, Head of Portfolio Management for Private Credit, within LGIM Real Assets, will provide some insight into the nature of the private credit markets. Discussion will evolve around development of the markets and lending landscape, key investment characteristics including structural and legal protections, public vs private investments, advantages and drawbacks for borrowers, and attractiveness for investors.

    The webinar will also focus on describing the investment process such as origination through execution, credit, structure, pricing, on-going asset management, portfolio construction within private markets.

  • Spaces available

    Due to the COVID-19, we will be running this programme via a series of webinars commencing 22 April.  

    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. 

  • Spaces available

    InsurTech headlines are often big statements, which seem impossible to many working in the sector day-to-day. How can actuaries implement new systems, keep the value from legacy systems, deliver BAU and not require the resources of three teams?

    This talk:

    • Highlights effective strategies to jump the gap to new technologies
    • Illustrates practices that provide contingency for future technical growth 
    • Introduces the concept of “technical debt” and how you can best manage it
  • Spaces available

    Pressure on organisations to address climate change risks is intensifying. But what does this really mean for insurers? In this session Adhiraj Maitra and Gareth Sutcliffe will look at the why, the what and the how of this risk through a number of different lenses including regulatory, principle and resilience.

  • Spaces available

    Update on renewal pricing outcomes for Property and Casualty markets at the latest 1/1 reinsurance renewals.

    The focus will be on capacity availability and price drivers.  These issues include but are not limited to the cat bond market, wider trends in claims outcomes, trends in Casualty RI space that affect pricing such as social inflation, yield curve and the reserving cycle.

    Finally, a note on how this may affect actuarial pricing, reserving and capital.

    Learning objectives: Business knowledge of reinsurance renewal outcomes and the main drivers

  • Spaces available

    The Ogden Discount Rate shock of 2017 brought about a period of profound uncertainty to General Insurance market.  GI Actuaries' first task was to estimate the impact of the Ogden shocks, particularly to reserving and reinsurance pricing.  Their second was to navigate a period of framework uncertainty, maintaining an agility in actuarial modelling as the Civil Liability Bill took shape. 

  • Professional Skills Training - Edinburgh (29 April 2020)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    29 April 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Professional Skills Training - London (29 April 2020)

    Staple Inn, High Holborn, London WC1V 7QJ         
    29 April 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • CANCELLED The Global Actuarial Profession

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    30 April 2020

    Spaces available

    We are sorry that this event has been cancelled.

    The IFoA's policy regarding COVID-19 is designed to safeguard the well-being of members and employees. As stated within the policy, the IFoA is reviewing its events programme on a case-by-case basis.

  • Spaces available

    Working party have been producing a number of deep dive papers, these include topics such as risk adjustment, impact of disclosures on how uncertainty is perceived, deferring acquisition costs over renewals, PAA eligibility and more. 

    We will select where to focus the session based on market focus closer to the time. The plan is to do a detailed session with practical examples and considerations rather than a high level educational session. Very happy to discuss further. 

  • SIAS Event: Cyber Insurance

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    4 May 2020

    Spaces available

    The talk will cover:
    • Why cyber security is regarded as the top threat to businesses (Allianz Risk Barometer 2019)
    • What is causing the shift in threat landscape
    • Who is attacking, why, and how we can stop them
    • Customer impressions of cyber security and how you can help them
    • Threats to evaluating insurable losses and responding to claims
    • How cyber insurance policies have evolved, and need to continue to do so
    • Can and should you recover ransoms under cyber insurance?
    • What is the future for cyber risk?

  • KSS event: Technology: A red-eyed Terminator or an actuary’s best friend?

     Hymans Robertson, Exchange Place 1, 1 Semple Street, Edinburgh, EH3 8BL
    4 May 2020

    Spaces available

    Despite long-running concerns that innovation could lead to widespread redundancy, technology has enabled greater productivity, created higher-value jobs and spurred us on to new heights. With artificial intelligence increasingly automating work undertaken by professionals, I look at the prospects for the actuarial profession in the era of unprecedented technological innovation.

  • Finance and Investment Conference 2020

    Royal College of Physicians, 11 St Andrews Pl, London NW1 4LE
    05-05 May 2020
    Spaces available

    Due to COVID-19, we are running this programme via a series of webinars commencing 5 May.

    The environmental, social and governance (ESG) space is growing rapidly and increasingly moving centre stage. In many cases, it is now an essential part of policy and central to the way stakeholders make decisions for the long term to ensure retention of clients, manage risk better, and ensure more economically efficient and sustainable investment returns.

    ESG factors cover a wide range of areas reflecting how vital consideration of these factors are part of wider systemic risks.

    The IFoA’s policy regarding Coronavirus is designed to safeguard the well being of those who attend IFoA events. Find out more. 

  • Professional Skills Training - Edinburgh (19 May 2020)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    19 May 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Professional Skills Training - London (19 May 2020)

    Staple Inn, High Holborn, London WC1V 7QJ         
    19 May 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • CILA 2020

    Royal College of Physicians, 11 St Andrews Pl, London NW1 4LE
    20 May 2020

    Spaces available

    CILA is aimed at practicing life actuaries from life offices, consulting firms and other employers of actuaries. It will also be of interest to all those who work in, or advise on, the life assurance market in the UK and Europe. The programme this year features a timely mix of hot topics including sessions on:

  • Protection, Health and Care Conference 2020

    The Grand Brighton, 97-99 Kings Rd, Brighton BN1 2FW
    02-03 June 2020
    Spaces available

    The Protection, Health and Care Conference is an annual conference aimed at all insurance professionals with a passion for harnessing insurance risk in their organisations.

  • Spaces available

    How we relate to others at work, whether they are colleagues, clients, prospective clients or other business contacts is key to individual career progression and business performance. People buy people , so considering what we are known for and how to be positively memorable are vital. This session looks at the importance of professional relationships, the psychology of personal image and impact and the three personal impact 'tools' which affect what people say about us when we're not in the room.

  • Mortality and Longevity 2020

    1 Birdcage Walk, Westminster, London SW1H 9JJ
    08-08 June 2020
    Spaces available

    This highly regarded seminar will provide topical and practical updates and discussion on the latest thinking and innovations in mortality and longevity.  The program is designed for life, pensions and health and care actuaries, academics, researchers, underwriters and related practitioners eager to learn about the latest developments in mortality and longevity.  The sessions are designed to be very accessible to a broad range of exp

  • Professional Skills Training - London (10 June 2020)

    Staple Inn, High Holborn, London WC1V 7QJ       
    10 June 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Professional Skills Training - Edinburgh (17 June 2020)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    17 June 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Professional Skills Training - London (18 June 2020)

    Staple Inn, High Holborn, London WC1V 7QJ   
    18 June 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Pensions Conference 2020

    Renaissance Manchester City Centre Hotel, Blackfriars Street, Manchester,M3 2EQ
    18-19 June 2020
    Spaces available

    Join us as this year’s conference that will focus on topics including  funding and savings, pension law current issues, ESG, the end game and transferring risk, investment issues, data visualisation and data science.

  • IFoA Asia Conference 2020, Kuala Lumpur

    CCEC Nexus, 7, Jalan Kerinchi, Bangsar South, 59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
    24-25 June 2020
    Spaces available

    This event has been postponed. A new date will be announced.

    The IFoA's policy regarding COVID-19 is designed to safeguard the well-being of members and employees. As stated within the policy, the IFoA is reviewing its events programme on a case-by-case basis.

    To this end the IFoA and their strategic partner, the AIR, have taken the decision to postpone this year's Asia Conference. A new date will be announced pending further reviews over the following months.