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John Martin, President, Institute of Actuaries, 1992 to 1994
1 August 2017
It is with great sadness that we announce the death in July of our Past President, John Martin, CBE BSc FIA ASA FSS FPMI, aged 88.Professional Standards Directory: Update 43
1 August 2017
For Actuaries involved in Non-Life Insurance and Life Assurance
Research begins on economic modelling
20 July 2017
The Institute and Faculty of Actuaries (IFoA) has appointed Dr Iain Clacher (Leeds University Business School) to carry out a survey of current practice in the use of economic theory, both explicitly and implicitly, by firms which employ actuaries in the UK. A report summarising the findings will be published by the IFoA, under the sponsorship of the Research and Thought Leadership Committee, and disseminated online and at relevant events.Exam centre capacities
19 July 2017
As the demand for actuarial exams has increased we have worked hard to improve the choice and capacity of our exam centres
When booking exam centres we take into account the demand for exam places, together with the resources available, with the aim of offering as many places as possible to meet that demand. We also set up new exam centres in locations where they were previously not available.
We continue to address the demand for exam places in an attempt to offer as many students as possible a convenient and local exam centre
Results of the 2017 Council Elections
28 June 2017
The results of the 2017 Council Elections were announced at the Annual General Meeting at Staple Inn Hall this evening, Wednesday 28 June 2017, and can be found on the Council Elections 2017 page.
A full list of Council members for the 2017/2018 session can be found on the Council members page.
Marjorie Ngwenya becomes first IFoA President based outside the UK
28 June 2017
The Institute and Faculty of Actuaries (IFoA) experienced the annual changing of the guard as Marjorie Ngwenya took over the role of President from Colin Wilson at the AGM on 28 June.Marjorie is based in South Africa and becomes the first President to live and work outside the UK.
Newly elected Honorary Fellows of the Institute and Faculty of Actuaries
8 June 2017
Fellows and Associates were recently asked by Council to vote on the election of new Honorary Fellows of the Institute and Faculty of Actuaries (IFoA).
Are you nearly ready to qualify? Have you completed your work-based skills?
7 June 2017
If you are waiting for your final exam results you need to start preparing your work-based skills documents for their final sign-off
To help prevent any delays in qualifying you need to make sure that the documents you submit to us have been completed correctly.
We find some regular issues with students’ learning logs, so please take a moment to ensure that you avoid these. We can then finalise your qualification as quickly as possible for you.
You need to make sure that
Ramp up your CPD with IFoA research resources
2 June 2017
Looking for some high quality learning opportunities as the CPD year-end approaches?Page - ARC Webinar Series 2017
Students: do you need to record any Continuing Professional Development (CPD)
1 June 2017
As a student member you may need to record your Professional Skills Training (PST) in your online CPD record
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Other actuary news
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Huge majority of personal investors have had no financial education
Added: Thu, 21/09/2017 - 14:49A survey of personal investors by The Share Centre has revealed that almost 80% had no exposure to financial education when they were at school. -
DB pension deficit falls but challenges remain
Added: Thu, 21/09/2017 - 13:13The combined deficit of the UK's 6,000 defined benefit pension funds fell by £20bn in September to £690bn after a record high the previous month. -
Potential asset bubble joint top concern for UK businesses
Added: Wed, 20/09/2017 - 18:06Fiscal crises and a potential asset bubble are the joint greatest dangers facing UK businesses this year, according to survey of executives by the World Economic Forum (WEF). -
'Striking' rise in FCA investigations against senior managers found
Added: Tue, 19/09/2017 - 15:11There has been a significant rise in the number organisations subjected to a claim or investigation by the Financial Conduct Authority (FCA) involving senior managers. -
UK companies ask for three-year Brexit transition arrangement
Added: Mon, 18/09/2017 - 17:32More than 100 businesses have signed a letter to the Brexit negotiators David Davis and Michel Barnier asking for a transition period of up to three years to avoid a cliff edge for business. -
Record high repair bills fuel rising motor insurance payouts
Added: Mon, 18/09/2017 - 14:54The bill for vehicle repairs in the UK, including third party claims and widescreen damage, was £1bn between April and June this year the highest quarterly figure on record. -
Investors worth $1.8trn urge global banks to improve climate disclosures
Added: Fri, 15/09/2017 - 18:18A group of 100 investors with $1.8trn (£1.3trn) in assets under management have signed a letter urging 60 of the world's largest banks to better disclose climate-related financial information. -
Half of employers say DB pension schemes hinder pay rises
Added: Fri, 15/09/2017 - 12:47Some 53% of UK employers believe the costs associated with their defined benefit (DB) pension schemes are having a negative impact on salary increases, a new report says. -
InsurTech investment at two-year high
Added: Thu, 14/09/2017 - 18:00Worldwide InsurTech investment in the second quarter of 2017 surpassed that seen in the previous three combined, according to new report from PwC. -
Brits underestimating residential care costs by 62%
Added: Thu, 14/09/2017 - 12:44Some 34% of UK adults are unaware of the cost of residential care, with the average person anticipating a weekly setback of £377, when it is often over £1,000.