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2016

Institute and Faculty of Actuaries (IFoA) consultation responses 2016.

The IFoA's focus is on responding to those consultations where actuarial expertise can inform debate, especially when the proposals will also directly impact on actuaries’ working lives and/or there are strong public interest issues involved.

As part of its commitment both to transparency and promoting the actuarial viewpoint on key issues, the IFoA places its responses to public consultations in the public domain.

IFoA Consultation Response  Organisation  Consultation IFoA contact
IFoA response to the Prudentil Regulatory Authority - CP32/16 Dealing with a Market Turning Event in the General Insurance Sector - 21/12/16 Prudential Regulation Authority Dealing with a market turning event in the general insurance sector - CP32/16 Philip Doggart
IFoA response to Intergenerational Committee - Building a robust understanding of the problem of fairness between the generations - 16/12/16 Resolution Foundation's Intergenerational Commission First call for evidence on building a robust understanding of the problem of fairness between the generations Rebecca Deegan
IFoA response to the Law Commission - Pension funds and social investment - 15/12/16 The Law Commission Pension funds and social investment  Rebecca Deegan
IFoA response to HM Treasury - Distributable Profits of Long-Term (Life) Insurers - 16/11/16 HM Treasury Distributable profits of long-term (life) insurers Steven Graham
IFoA response to HMT Amending the Definition of Financial Advice Consultation - 15/11/16 HM Treasury Amending the definition of financial advice: consultation Rebecca Deegan
IFoA response to TSC Solvency II Inquiry - 11/11/16 The Treasury Select Committee EU Insurance Regulation inquiry Steven Graham
IFoA response to DWP Valuing Pensions for the Advice Requirement and Introducing New Customer Protections - 07/11/16 Department for Works and Pension Valuing pensions for the advice requirement and introducing new consumer protections Rebecca Deegan
IFoA response to PPF s143 and s179 Assumptions - 31/10/16 Pension Protection Fund PPF consults on changes to S143 and S179 assumptions Philip Doggart
IFoA response to House of Lords Science and Technology Committee on Call to Evidence for Autonomous Vehicles - 26/10/16 Lords Science and Technology Committee Driverless vehicles - where are we going? Matthew Levine
IFoA response to HMT - Pensions Advice Allowance - 25/10/16 HM Treasury Introducing a Pensions Advice Allowance Rebecca Deegan
IFoA Response to IAIS on Risk-Based Global Insurance Capital Standards - 19/10/16 International Association of Insurance Supervisors (IAIS)

Consultation on Risk-based Global Insurance Capital Standard (ICS)

Steven Graham
IFoA response to EIOPA Insurance Distribution Directive - 04/10/16 European Insurance and Occupational Pensions Authority Insurance Distribution Directive Steven Graham
IFoA response to NEST: evolving for the future consultation – 28/09/2016

National Employment Savings Trust

NEST: evolving for the future Rebecca Deegan
IFoA response to PPF and tPR inquiry – 23/09/2016

Work and Pensions Select Committee

Pension Protection Fund and Pensions Regulator inquiry Philip Doggart
IFoA reponse to Lords Select Committee on The Long-term Sustainability of the NHS - 21/09/16 The House of Lords Call for evidence on Long-term Sustainability of the NHS Rebecca Deegan
IFoA response to CP16/18 - changes to disclosure rules in the FCA Handbook to reflect the direct application of PRIIPs Regulation – 19/09/2016 Financial Conduct Authority CP16/18: Changes to disclosure rules in the FCA Handbook to reflect the direct application of PRIIPs Regulation Steven Graham
IFoA response on advanced driver assistance systems and automated vehicle technologies – 09/09/2016 Department for Transport Advanced driver assistance systems and automated vehicle technologies: supporting their use in the UK Matthew Levine
IFoA response to retirement outcomes review terms of reference – 31/08/2016 Financial Conduct Authority Retirement outcomes review: terms of reference Rebecca Deegan
IFoA response to reforms to corporation tax loss relief – 18/08/2016

HM Revenue and Customs

Reforms to corporation tax loss relief: consultation on delivery Steven Graham
08-16 IFoA response to DWP on Capping early exit charges members of occupational pension schemes consultation Department for Work and Pensions Capping early exit charges for members of occupational pension schemes Philip Doggart
IFoA response to CP16/15 - Capping early exit pension charges – 18/08/2016 Financial Conduct Authority CP16/15 - Capping early exit pension charges Philip Doggart
IFoA response to CP19/16 - Solvency II: Changes to internal models used by UK insurance firms 05/08/16 Prudential Regulation Authority National Infrastructure Assessment consultation Steven Graham
IFoA response to the National Infrastructure Assessment consultation 05/08/16 National Infrastructure Commission

National Infrastructure Assessment consultation

Matthew Levine
IFoA response to DB Taskforce consultation 18/07/16 Pensions and Lifetime Savings Association DB Taskforce consultation - call for evidence Philip Doggart
IFoA response on methodology to derive ultimate forward rate (UFR) under Solvency II 18/07/2016 European Insurance and Occupational Pensions Authority EIOPA-CP-16-003 Consultation Paper on the methodology to derive the UFR and its implementation Steven Graham
IFoA response to DB Taskforce call for evidence 18/07/2016 Pensions and Lifetime Saving Association DB Taskforce call for evidence Philip Doggart
IFoA response to CP16/16 - Solvency II: matching adjustment 15/07/2016 Prudential Regulation Authority

Solvency II: matching adjustment - CP16/16

Steven Graham
IFoA response to CP16/12: Secondary annuity market – proposed rules and guidance 24/06/2016 Financial Conduct Authority

CP16/12: Secondary annuity market – proposed rules and guidance

Steven Graham
IFoA response to British Steel Pension Scheme consultation 24/06/2016 Department of Work and Pensions

British Steel Pension Scheme: public consultation

Philip Doggart
IFoA response to Making Retirement Choices Clear consultation 19/06/2016 Association of British Insurers

Making Retirement Choices Clear

Rebecca Deegan
IFoA response to CP18/16 - Reporting requirements for non-Solvency II insurance firms 13/06/2016 Prudential Regulation Authority

Reporting requirements for non-Solvency II insurance firms – CP18/16

Steven Graham
IFoA response to Public financial guidance review 08/06/2016 HM Treasury

Public financial guidance review: proposal for consultation

Philip Doggart
IFoA response to DP1/16 Equity Release Mortgages Prudential Regulation Authority DP1/16 - Equity release mortgages Steven Graham
IFoA response to TR16/2 Fair Treatment of Long Standing Customers in the Life Insurance Sector 03.06.2016 Financial Conduct Authority TR16/2: Fair treatment of long-standing customers in the life insurance sector Steven Graham
IFoA response to Consultative Document on a Standardised Measurement Approach for Operational Risk Basel Committee on Banking Supervision Standardised Measurement Approach for operational risk - consultative document Matthew Levine
IFoA response to CP13/16 SII Remuneration Requirements 02.06.2016 Prudential Regulation Authority CP13/16 SII Remuneration requirements Philip Doggart
IFoA response on Compensation for Loss of Pension Rights in Employment Tribunals 20.05.2016 Courts and Tribunals Judiciary Compensation for Loss of Pension Rights in Employment Tribunals Philip Doggart
IFoA response to CP15/16 Recalculation of the ‘transitional measure on technical provisions’ under Solvency II  13.05.2016 Prudential Regulation Authority CP15/16 - Recalculation of the ‘transitional measure on technical provisions’ under Solvency II Steven Graham
IFoA response to DC Guides consultation 11.05.2016 The Pensions Regulator DC guides consultation Philip Doggart
IFoA response to HM Treasury - Insurance Linked Securities - 29.04.2016 HM Treasury Insurance Linked Securities Philip Doggart
IFoA response to FSB Task Force on climate disclosure consultation - 29.04.2016 Financial Stability Board Task Force on Climate-Related Financial Disclosures consultation Morgan Slebos
IFoA response to CP-16-001 Consultation Paper on EIOPA’s advice on the development of an EU Single Market for personal pension products – 26.04.2016

European Insurance and Occupational Pension Authority

EIOPA-CP-16-001 Consultation Paper on EIOPA’s advice on the development of an EU Single Market for personal pension products (PPP) Philip Doggart
IFoA response on Automatic Enrolment and the Lifetime ISA enquiry – 18.04.2016

Work and Pensions Select Committee

Pensions automatic enrolment inquiry

Rebecca Deegan
IFoA response on Reporting UK Progress on Sustainable Development Goals – 15.04.2016 UK Stakeholders for Sustainable Development and the Office for National Statistics

Reporting UK progress on Sustainable Development Goals

Morgan Slebos
IFoA response to DP16/1: Ageing population and financial services – 13.04.2016 Financial Conduct Authority DP16/1: Ageing population and financial services Rebeeca  Deegan
IFoA response on ISAP 5 – 31.03.2016 IAA

International Standards of Actuarial Practice (ISAPs) ISAPs 5 and 6 — Enterprise Risk Management

Philip Doggart
IFoA response on ISAP 1a – 31.03.2016 IAA

International Standards of Actuarial Practice (ISAPs) - ISAP 1A

Philip Doggart
IFoA response to Public Consultation on Long-Term and Sustainable Investment – 25.03.2016 European Commission

Public consultation on long-term and sustainable investment

Morgan Slebos
IFoA response to Rule Changes Consultation – 24.03.2016 NEST Rule change consultation Philip Doggart
IFoA response to CP15/41: Increasing transparency and engagement at renewal in general insurance markets – 04.03.2016 Financial Conduct Authority

Increasing transparency and engagement at renewal in general insurance markets

Philip Doggart
IFoA response to the demogrphy of Scotland and the implications for devolution – 26.02.2016 Scottish Affairs Committee

Demography of Scotland and the implications for devolution

Matthew Levine
IFoA response to Intergenerational Fairness inquiry – 19.02.2016 Work and Pensions Select Committee

Intergenerational fairness inquiry

Rebecca Deegan
IFoA response to PRA CP43/15 SII: external audit of the public disclosure requirement – 19.02.2016 Prudential Regulation Authority

Solvency II: external audit of the public disclosure requirement – CP43/15

Steven Graham
IFoA response to tPR’s Draft Prosecution Policy – 17.02.2016 The Pensions Regulator Draft Prosecution Policy  
IFoA response to tPR’s Innovation Plan – 12.02.2016 The Pensions Regulator

Innovation plan consultation

Rebecca Deegan
IFoA response to AAE on ESAP3 ORSA – 11.02.2016 Actuarial Association of Europe Draft Prosecution Policy Matthew Levine
IFoA response to changes to ONS products 2015 – 08.02.2016 Office for National Statistics

Consultation on Changes to ONS Products 2015

Rebecca Deegan
IFoA response to IASB on proposed amendments to IFRS – 08.02.2016 International Accounting Standards Board

Insurance Contracts: Exposure Draft & Comment letters (ED/2015/11)

Matthew Levine
IFoA response to the Work and Pensions Select Committee - 'Pensions Automatic Enrolment' - 03.02.2016 Department for Work and Pensions

Pensions automatic enrolment inquiry

Rebecca Deegan

Contact Details

For further information on any of our public affairs or policy work please contact us on:

policy@actuaries.org.uk