Consultations 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 PRA Consultation - Solvency II: Definition of an insurance holding company 06.12.21 Prudential Regulation Authority Solvency II: Definition of an insurance holding company Steven Graham
IFoA Response to Data: A New Direction  18.11.21 Department for Culture, Media and Sport Data: A New Direction Steven Graham
IFoA Response to Diversity and Inclusion in the Financial Sector Discussion Paper - Working Together to Drive Change 01.10.21 Financial Conduct Authority  Diversity and Inclusion in the Financial Sector - Working Together to Drive Change Matthew Levine
ICE (Supported by the IFoA) National Resilience Strategy Call for Evidence Response 27.09.21 Cabinet Office The National Resilience Strategy: Call for Evidence Matthew Levine

IFoA response to FCA part VII transfer guidance

31.08.21 Financial Conduct Authority

FCA Part VII Transfer Guidance

Steven Graham
IFoA Response to The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021 24.08.21 Department for Work and Pensions The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021 Caolan Ward
IFoA Response to SCAPE Discount Methodology Consultation  24.08.21 HM Treasury SCAPE Discount Codes Consultation Caolan Ward
IFoA Response to TPR FCA 'Pensions Consumer Journey' Consultation 30.07.21 The Pensions Regulator / Financial Conduct Authority TPR FCA Pensions Consumer Journey Consultation Caolan Ward
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 Consultation on a Revised Code of Practice 12: Contribution Notices 07.07.21 The Pensions Regulator Code of Practice 12 Consultation  Caolan Ward
IFoA Response to BEIS White Paper: Restoring Trust in Audit and Corporate Governance 29.06.21 Department for Business, Energy and Industrial Strategy Restoring Trust in Audit and Corporate Governance Emma Gilpin
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 Protecting Pension Savers - Five Years on From the Pension Freedoms: Accessing Pension Savings 14.05.21 House of Commons Work and Pensions Select Committee Protecting Pension Savers - Five Years on From the Pension Freedoms: Accessing Pension Savings Caolan Ward
IFoA Response to NIRL Damages Bill 06.05.21 NIRL Assembly Committee of Justice NIRL Committee for Justice Damages Bill Steven Graham
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 Caroline Winchester

IFoA and ICSWG response to Law Commission 14th Programme of Review

05.05.21 Law Commission of England and Wales 14th Programme of Review Caroline Winchester
IFoA Response to DEFRA Flood Re 26.04.21 Department for Environment, Food and Rural Affairs Amendments to the Flood Re Scheme Steven Graham
IFoA Response to TPR's Approach to the Investigation and Prosecution of the New Criminal Offences 22.04.21 The Pensions Regulator TPR's Approach to the Investigation and Prosecution of the New Criminal Offences Caolan Ward
IFoA response to the EAC’s inquiry into biodiversity and ecosystems 15.04.21 Environmental Audit Committee Biodiversity and ecosystems Caroline Winchester
IFoA response to the PAC’s inquiry into adult social care markets 12.04.21 Public Accounts Committee Adult social care markets Caroline Winchester
IFoA Response to PRA SONIA Transition 31.03.21 Prudential Regulation Authority CP1/21 Transition to SONIA Steven Graham
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

Caroline Winchester
IFoA Response to Consultation on Assumptions to be used for Valuations under Section 143 and 179 of the Pensions Act 2004 18.03.21 Pension Protection Fund Consultation on Assumptions to be used for Valuations under Section 143 and 179 of the Pensions Act 2004 Caolan Ward
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

Caroline Winchester
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 28.01.21 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 27.01.21 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

Matthew Humphreys 
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
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