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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 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

  • Spaces available

    Mathematical Futures: The Actuary in a World Transformed – Sir Adrian Smith will outline how advances in data science, machine learning and artificial intelligence in the world of big data will transform the nature of many industries, including financial services. The broader environment within which mathematics is applied will change rapidly, often led by innovative yet disruptive forces outside. These changes will undoubtedly have an impact on the work of actuaries - and the profession will need to adapt quickly to thrive.

     

  • Spaces available

    The General Insurance (GI) Spring Conference is a result of the General Insurance Lifelong Learning Committee (GILL) combining this year’s 'Current Issues in General Insurance' (CIGI) and 'Technical Issues in General Insurance' (TIGI) conferences into a virtual webinar series over 19 – 25 May that will be available to watch online globally.

  • CILA 2021

    Available to watch globally in May.
    19-21 May 2021
    Spaces available

    We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; on-going financial consequences of the COVID pandemic; or self-imposed changes in regulatory requirements and accounting standards.

  • Spaces available

    This is a free webinar on the consultation on changes to the Practising Certificates (PC) Scheme.

    The proposals come from a recent review of the PC Scheme which was the first substantive look at the IFoA’s approach to the requirements and process for PCs since 2010. It responds directly to feedback received on how the current scheme works especially that received from members and PC Holders.

  • Spaces available

    Behavioural Science Webinar SeriesThe world is changing. The fourth industrial revolution, globalisation and the COVID-19 pandemic are up-ending traditional social and business norms around the world; changes that were once predictable and steady are now faster and more profound.

  • Spaces available

    Risk Management Webinar PrgrammeTools like python/R are being heavily used to provide end-to-end analytical solutions for risk management. They help to set up a framework/platform to collect risk data and work out stochastic analytics to provide insights into the risks faced by a firm, be it in any sector.

  • Spaces available

    The webinar will look at several aspects of intergenerational fairness and our panel of experts will challenge you, society, taxpayers and generations X, Y and Z on key aspects of DB v DC pensions, public v private sector pensions, state benefits and key aspects of sustainability.

  • Pensions Conference 2021

    Online webinar series
    16-22 June 2021
    Spaces available

    Welcome to the programme for our 2nd Virtual Pensions Conference. This year's conference features 11 webinars offering members and non-members the opportunity to get up to date content from leading experts in the pension industry. There will also be opportunity to ask questions and contribute to the discussion.

  • Spaces available

    Given our commitment to the safety of our members and employees, and as the easing of restrictions in respect of COVID-19 cannot be guaranteed at this point in time, we have decided to hold our AGM virtually again this year.

    The Business of the AGM

  • Spaces available

    Join newly inaugurated IFoA President Dr. Louise Pryor as she explores what we need to do to keep abreast of the changing world – and how we can seize the resulting opportunities – in her Presidential Address, ‘A Learning Society’

  • Spaces available

    This is a free webinar on the consultation on changes to the Practising Certificates (PC) Scheme.

    The proposals come from a recent review of the PC Scheme which was the first substantive look at the IFoA’s approach to the requirements and process for PCs since 2010. It responds directly to feedback received on how the current scheme works especially that received from members and PC Holders.

  • Spaces available

    The paper “Asset liability modelling in the quantum era” shall be presented by its authors, Tim Berry and James Sharpe, and chaired by Andrew Smith, Assistant Professor in the School of Mathematics and Statistics at University College Dublin.

  • Spaces available

    Risk Management Webinar ProgrammeInternal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible?  This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them.