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2020

Institute and Faculty of Actuaries (IFoA) consultation responses.

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 Date Organisation Consultation IFoA contact
IFoA response to a call for Input on working papers on data standards 31.08.20

Pensions Dashboards Porgramme 

Call for Input on working papers on data standards

Catherine Burtle 
IFoA response to  a consultation on the Reform to Retail Prices Index Methodology 20.08.20 UK Statistics Authority 

Consultation on the Reform to Retail Prices Index Methodology

Catherine Burtle 

IFoA response to a consultation on expanding the dormant assets scheme

16.07.20 Department for Digital, Culture, Media and Sport

Consultation on expanding the dormant assets scheme

Matthew Levine 
IFoA's response to the Treasury Committee's inquiry into the economic impact of coronavirus - Part 2  03.07.20 Treasury Committee Treasury Committee's inquiry into the economic impact of coronavirus Steven Graham
IFoA Response to aligning your pension scheme with the TCFD recommendations 02.07.20 Department for Work and Pensions 

Aligning your pension scheme with the TCFD recommendations

Faye Alessandrello
IFoA response to the Discussion Paper on Central Bank Digital Currency 12.06.20 Bank of England  Discussion Paper on Central Bank Digital Currency Matthew Levine 
IFoA response to the AI Of The Possible: Developing Scotland’s Artificial Intelligence (AI) Strategy 05.06.20 Scottish Government  The AI Of The Possible: Developing Scotland’s Artificial Intelligence (AI) Strategy Steven Graham
IFoA response to a call for views: Advisory group on economic recovery 01.06.20 Scottish Government 

Call for Views: Advisory Group on Economic Recovery

Henry Thompson
IFoA response to the Treasury Committee's inquiry into the economic impact of coronavirus 27.05.20 Treasury Committee Treasury Committee's inquiry into the economic impact of coronavirus Matthew Levine 
IFoA response to the Environment, Food and Rural Affairs Committee inquiry on flooding  22.05.20 Environment, Food and Rural Affairs Committee Environment, Food and Rural Affairs Committee inquiry on flooding  Steven Graham
IFoA response to Consultation on changes to Technical Actuarial Standard TAS 400: Funeral Plan Trusts 11.05.20 Financial Reporting Council

Consultation on changes to Technical Actuarial Standard TAS 400: Funeral Plan Trusts

Matthew Levine 
IFoA response to the 'My BEIS Inquiry' 22.04.20 Business, Energy and Industrial Strategy Committee My BEIS Inquiry Katy Little
IFoA response to the Environmental Audit Committee 09.04.20 Environmental Audit Committee Possible Future Inquiries  Faye Alessandrello
IFoA response to the 2021 biennial exploratory scenario on the financial risks from climate change 18.03.20 Bank of England

The 2021 biennial exploratory scenario on the financial risks from climate change

Faye Alessandrello
IFoA response to consultation on draft Issues Paper on the Implementation of the TCFD Recommendations 05.02.20 International Association of Insurance Supervisors 

Consultation on draft Issues Paper on the Implementation of the TCFD Recommendations

Faye Alessandrello
IFoA response to Law Commission Consultation on Automated Vehicles: Passenger services and public transport 03.02.20 Law Commission Law Commission Consultation on Automated Vehicles: Passenger services and public transport Matthew Levine 
IFoA response to Consultation paper on the Opinion on the 2020 Review of Solvency II 15.01.20 European Insurance and Occupational Pensions Authority Consultation paper on the Opinion on the 2020 Review of Solvency II Steven Graham

Contact Details

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

policy@actuaries.org.uk

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Events calendar

  • Asia Conference Webinar Series

    Webinars
    7 September 2020 - 25 September 2020

    Spaces available

    There will be a prestigious line-up of international speakers discussing the insurance and financial industry’s innovation and change in Asia.  The conference will take place throughout September via an online platform. The webinars consist of plenary speaking sessions and a series of workshop sessions including Life, GI, Data Science, Sustainability, Risk Management and Investment.

    This will be the perfect opportunity for you to discover,ask questions and be at the forefront of current and developing actuarial/financial topics and trends in Asia.

     

  • Spaces available

    This free 90 minute webinar is designed to support the IFoA CPD Co-ordinators, and others, involved in supporting our members to achieve their CPD requirements. 

    The programme will include an overview of the new CPD Scheme; specifically sharing with you key messages to support you implement and embrace the new CPD Scheme for our members within your organisation and regional community; how to arrange a reflective practice discussion; and an interactive reflective practice discussion learning exercise.  In addition, delegates will gain information about accessing, and making the most of the IFoA event Toolkits which you can make use of to run your own in-house events and events for regional communities. 

  • Spaces available

    16.00-17.00 GMT+8

    Consumer expectations are changing Insurance. The Royal Commission in Australia, Design Obligations in the UK, the insurtech ecosystem, and digital-first consumers demanding personalised solutions will all revolutionise how insurance looks like in the future.

  • Spaces available

    12.00-13.00 GMT+8

    This presenter / panel workshop hybrid will be anchored by two presentations examining the socioeconomic, medical and technological factors that will have a significant impact on mortality and our pricing over the next 20 years and beyond. It will also discuss whether significant mortality improvement will continue in Asia or whether varying experience of low improvements or deterioration. 

  • Spaces available

    12.00-13.00 GMT+8

    This presentation aims to provides an overview of the reformation of current Chinese regulatory solvency regime, how industry coping with the new normal after pandemic time and how the reformation of the regulation could help the insurance industry gets back on its feet as well as coming back to the “protection” core value for the policyholders. The presentation would include:

  • Spaces available

    16.00-17.00 (GMT+8) | 09.00-10.00 (BST)

    The basic data of China’s 2nd Critical Illness Mortality Table covers 2000+ products in Chinese market, including about 340 million insurance policies and 5.1 million claimants. Presenter will give the audience a general understanding including but not limited to the following contents:

  • Autumn Lecture 2020: Professor Elroy Dimson

    Online webinar
    14 October 2020

    Spaces available

    Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.

  • GIRO Conference 2020 Webinar Series

    Available to watch globally in November.
    02-13 November 2020
    Spaces available

    This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.

  • 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

    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.