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2021

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 FCA part VII transfer guidance

31.08.21 Financial Conduct Authority

FCA Part VII Transfer Guidance

Steven Graham
IFoA and ICSWG response to Law Commission 14th Programme of Review 05.05.21 Law Commission of England and Wales 14th Programme of Review Faye Alessandrello
IFoA response to FCA consultation on new consumer duty  30.07.21 Financial Conduct Authority CP 21/13: A new Consumer Duty Matthew Levine
IFoA response to FCA consultation on Long Term Asset Fund 25.06.21 Financial Conduct Authority A new authorised fund regime for investing in long term assets Matthew Levine
IFoA response to BEIS consultation on mandatory climate-related financial disclosures 05.05.21 Department for Business, Energy and Industrial Strategy Mandatory climate-related financial disclosures by publicly quoted companies, large private companies and LLPs Faye Alessandrello

IFoA response to BEIS White Paper: Restoring trust in audit and corporate governance

29.06.2021 Department for Business, Energy and Industrial Strategy Restoring trust in audit and corporate governance Emma Gilpin
IFoA response to the EAC’s inquiry into biodiversity and ecosystems 15.04.21 Environmental Audit Committee Biodiversity and ecosystems Faye Alessandrello
IFoA response to the PAC’s inquiry into adult social care markets 12.04.21 Public Accounts Committee Adult social care markets Faye Alessandrello
IFoA response to the Department's White Paper on health and social care 23.03.21

Health and Social Care Committee

Department's White Paper on health and social care

Faye Alessandrello
IFoA response to Law Commissions - Consultation Paper 3 - A regulatory framework for automated vehicles 17.03.21 Law Commission and Scottish Law Commission Automated vehicles Matthew Levine
IFoA response to FCA – Regulation of pre-paid funeral plans 13.04.21 Financial Conduct Authority Funeral plans Matthew Levine
IFoA response to taking action on climate risk: improving governance and reporting by occupational pension schemes – response and consultation on regulations 12.03.21 Department for Work and Pensions

Taking action on climate risk: improving governance and reporting by occupational pension schemes – response and consultation on regulations

Faye Alessandrello
IFoA response to Solvency II Review: Call for Evidence 19.02.21 HM Treasury

Solvency II Review: Call for Evidence

Steven Graham

IFoA response to HM Treasury’s Financial Services Future Regulatory Framework Review

19.02.21 HM Treasury

Financial Services Future Regulatory Framework Review

Henry Thompson
IFoA response to the Occupational and Personal Pension Schemes (General Levy) Regulations review 2020 27.01.21 Department for Work and Pensions

The Occupational and Personal Pension Schemes (General Levy) Regulations review 2020

Caolan Ward
IFoA response to CP20/19 General insurance pricing practices market study 28.01.21 Financial Conduct Authority 

CP20/19 General insurance pricing practices market study

Steven Graham
IFoA response to Budget Representation 20.01.21 HM Treasury 

Budget Representation

Katy Little 
IFoA response to Draft Guidance: Business Interruption Insurance Test Case: Proving Presence of COVID-19 18.01.21 Financial Conduct Authority 

Draft Guidance: Business Interruption Insurance Test Case: Proving Presence of COVID-19

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

    The role of actuaries within the health sector varies considerably from one country to another, due to differences in the local evolution of health systems and the funding models for health services. 

  • 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.
     

  • The Many Faces of Bias

    2 December 2021

    Spaces available

    This webinar looks at the many types of biases, both conscious and unconscious and the impacts they can have in the workplace.  Raising our own awareness and understanding of the issues can help us avoid the pitfalls of unconscious bias in particular.  We’ve all heard the phrase ‘office banter’ but are we sure that’s how those on the receiving end perceive it and is it ok to go along with it?