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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  the UK National Data Strategy (NDS) consultation 02.12.20 Department for Digital, Culture, Media & Sport

UK National Data Strategy (NDS) consultation

Henry Thompson
IFoA response to access to Cash: Call for Evidence 25.11.20 HM Treasury 

Access to Cash: Call for Evidence

Matthew Levine 
IFoA response to HM Treasury review of Pool Reinsurance Ltd 2020-2021: Call for Evidence 24.11.20 HM Treasury 

HM Treasury review of Pool Reinsurance Ltd 2020-2021: Call for Evidence

Steven Graham
IFoA response to improving outcomes for members of defined contribution pension schemes 30.10.20 Department for Work and Pensions

Improving outcomes for members of defined contribution pension schemes

Matthew Levine 
IFoA response to solvency II: The PRA’s expectations for the work of external auditors on the matching adjustment 30.10.20 Prudential Regulation Authority 

Solvency II: The PRA’s expectations for the work of external auditors on the matching adjustment

Steven Graham
IFoA response to Payments Landscape Review: Call for Evidence 20.10.20 HM Treasury 

Payments Landscape Review: Call for Evidence

Matthew Levine 
IFoA response to Have your say on the Pension Schemes [Lords] Bill 19.10.20 UK Parliament  Have your say on the Pension Schemes [Lords] Bill Katy Little
IFoA response to Taking action on climate risk: improving governance and reporting by occupational pension schemes 07.10.20 Department for Work and Pensions Taking action on climate risk: improving governance and reporting by occupational pension schemes Faye Alessandrello
IFoA response to CP20/03: Proposals to enhance climate-related disclosures by listed issuers and clarification of existing disclosure obligations 01.10.20 Financial Conduct Authority

CP20/3: Proposals to enhance climate-related disclosures by listed issuers and clarification of existing disclosure obligations

Faye Alessandrello
IFoA response to a call for input: Open finance 01.10.20 Financial Conduct Authority

Call for Input: Open finance

Steven Graham
IFoA response to GC20/3: Guidance for firms on the fair treatment of vulnerable customers 30.09.20 Financial Conduct Authority

GC20/3: Guidance for firms on the fair treatment of vulnerable customers

Steven Graham
IFoA response to the 2020 Comprehensive Spending Review 24.09.20 HM Treasury  2020 Comprehensive Spending Review Katy Little
IFoA response to defined benefit funding code of practice consultation 23.09.20 The Pensions Regulator

Defined benefit funding code of practice consultation

Catherine Burtle 
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

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Fully booked.

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    Online
    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.

    The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.

  • Life 2021 Webinar Series

    Online
    22 November 2021 - 26 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.