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2009

Institute and Faculty of Actuaries (IFoA) consultation responses 2009
IFoA consultation response  Organisation  Consultation IFoA contact
Response 26.11.2009 Board for Actuarial Standards Consultation on Technical Actuarial Standard for Insurance (TAS I)  public.affairs@actuaries.org.uk
Response 20.11.2009 Department for Work and Pensions Workplace pensions reform: completing the picture public.affairs@actuaries.org.uk
Response 11.11.2009 Pension Protection Fund The 2010/11 Pension Protection Levy Consultation public.affairs@actuaries.org.uk
Response 05.11.2009 HM Government Shaping the future of care together   public.affairs@actuaries.org.uk
Response 23.10.2009 Association of British Insurers Consultation on the Statement of Best Practice for Critical Illness  public.affairs@actuaries.org.uk
Response 09.10.2009 Financial Services Authority Distribution of retail products. Delivering the RDR public.affairs@actuaries.org.uk
Response 07.10.2009 Board for Actuarial Standards Consultation on Technical Actuarial Standard for Pensions (TAS P)  public.affairs@actuaries.org.uk
Response 05.10.2009 Walker Review A review of corporate governance in UK banks and other financial industry entities  public.affairs@actuaries.org.uk
Response 30.09.2009 International Accounting Standards Board Financial instruments: classification and measurement  public.affairs@actuaries.org.uk
Response 30.09.2009 International Accounting Standards Board Proposed amendments to IAS19 - Discount rate for employee benefits  public.affairs@actuaries.org.uk
Response 29.09.2009 Equalities Office Equality Bill: Making it work. Ending age discrimination in services and public functions public.affairs@actuaries.org.uk
Response 28.09.2009 International Accounting Standards Board Exposure Draft: Fair value measurement
Discussion Paper: Credit risk in liability measurement
 
public.affairs@actuaries.org.uk
Response 28.09.2009 HM Treasury Reforming financial markets  public.affairs@actuaries.org.uk
Response 04.09.2009 Board for Actuarial Standards Technical Actuarial Standard - Modelling (TAS M) public.affairs@actuaries.org.uk
Response 04.09.2009 Board for Actuarial Standards Technical Actuarial Standard - Data (TAS D) public.affairs@actuaries.org.uk
Response 10.08.2009 Financial Services Authority FSA Consultation Paper CP 09/20 - Quarterly consultation (No. 21) public.affairs@actuaries.org.uk
Response 07.08.2009 Personal Accounts Delivery Authority Building Personal Accounts: Designing an investment approach public.affairs@actuaries.org.uk
Response 27.07.2009 International Accounting Standards Board Prepayments of a Minimum Funding Requirement - Proposed amendments to IFRIC 14 (ED/2009/4) public.affairs@actuaries.org.uk
Response 17.07.2009 International Accounting Standards Board IASB Discussion Paper DP/2009/1: Leases. Preliminary views  public.affairs@actuaries.org.uk
Response 17.06.2009 Financial Services Authority FSA Discussion Paper DP09/2: A Regulatory Response to the Global Banking Crisis  public.affairs@actuaries.org.uk
Response 22.05.2009 Financial Services Authority FSA Consultation Paper CP09/9: With profits funds - compensation and redress. Further consultation, feedback on CP08/11 and draft Handbook text  public.affairs@actuaries.org.uk
Response 21.05.2009 Board for Actuarial Standards Technical Actuarial Standard - Reporting Actuarial Information
(TAS R)
public.affairs@actuaries.org.uk
Response 13.05.2009 Department for Work and Pensions Draft guidance on method and assumptions to use when undertaking a valuation for relevant FAS qualifying schemes  public.affairs@actuaries.org.uk
Response 20.04.2009 International Accounting Standards Board Preliminary views on financial statement presentation public.affairs@actuaries.org.uk
Response 03.04.2009 Financial Services Authority Independent review of corporate governance of UK banking industry (the 'Walker Review')  public.affairs@actuaries.org.uk
Response 30.03.2009 EU Commission Solidarity in health: EU action to reduce health inequalities  public.affairs@actuaries.org.uk
Response 23.03.2009 Financial Services Authority FSA CP08/24: Stress and scenario testing  public.affairs@actuaries.org.uk
Response 20.03.2009 The Panel on Fair Access to the Professions The Panel on Fair Access to the Professions  public.affairs@actuaries.org.uk
Response 06.03.2009 Board for Actuarial Standards Consultation paper: Modelling  public.affairs@actuaries.org.uk
Response 01.03.2009 Financial Services Authority CP08/22: Strengthening liquidity standards  public.affairs@actuaries.org.uk
Response 13.02.2009 Pension Protection Fund Consultation on the future development of the Pension Protection Levy  public.affairs@actuaries.org.uk
Response 26.01.2009 Board for Actuarial Standards Consultation Paper on Generic Data Standard  public.affairs@actuaries.org.uk
Response 21.01.2009 Financial Services Authority DP 08/04: Insurance risk management and the path to Solvency II  public.affairs@actuaries.org.uk

Contact Details

If you have questions about IFoA consultation responses please contact

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Events calendar

  • Spaces available

    This new topical webinar presented by Chair of the Life Board of the Institute and Faculty of Actuaries, Colin Dutkiewicz, will explore:

    What is an extreme mortality event?

    How does the current Covid-19 outbreak compare with other extreme mortality events?

    What is the impact of this outbreak for insurers – and the wider economy?

    What can we expect to happen next?

  • 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 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?

  • 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

    There have been a number of events across the financial markets where particular services have fallen below customer expectations.  These have included inability to receive or make payments or or the inability to check your own status or access services.  In an increasingly interconnected world the causes of this are often complex and hard to spot in advance, but can be a major impact to the reputations of firms.

  • CIGI Webinar - Are you Vulnerable ?

    Webinar
    27 April 2020

    Spaces available

    With ever increasing focus from the FCA on pricing practices and the relationship between insurers and their customers, it is critical to ensure appropriate controls are in place. This presentation summarises the latest developments in the market and showcases practical approaches to mitigate the risk of poor customer outcomes in pricing, with a particular focus on protecting vulnerable customers.’

  • Spaces available

    This webinar provides an update on renewal pricing outcomes for Property and Casualty markets at the latest 1/1 reinsurance renewals with the focus being 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.

  • 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. 

  • Spaces available

    Model validation should not be a tick box exercise. It has all the right ingredients to be a value adding exercise that can help senior management understand what really drives the business from a risk and capital perspective. Model validation can be a stressful, bloated process - and may not be as value adding as it could be. 

  • Spaces available

    The FCA’s interim report into general insurance pricing practices has brought into focus a number of market wide issues including:

    Price walking • Poor governance • Higher prices for potentially vulnerable customers • Higher prices for less aware customers

  • 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

    The IFRS 17 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. 

  • SIAS Event: Cyber Insurance

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

    Spaces available

    Due to the COVID-19, this event will be postponed. The new date TBC.

    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

  • 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

    Due to COVID-19 this event has been postponed until later in the year. A new date will be announced soon.

    Thank you for your patience and understanding.

  • 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.

  • 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.