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Member lounge and library, Wednesday 23 August
18 August 2017
Please note that the member lounge and library at the Holborn Gate office in London will be closed to visitors fom 12 noon to 15.00 on Wednesday 23 August.
Visitors are, however, welcome to use to use the library and lounge in the morning, and after 15.00 that day.
Our apologies for any inconvenience caused.
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
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Other actuary news
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Quarter of largest insurers disclosing Solvency II requirements incorrectly
Added: Thu, 17/08/2017 - 12:40Over a quarter of the top 100 non-life insurers in the UK and Ireland have published quantitative reporting templates (QRTs) containing errors. -
More than half of new firms with staff illegally avoiding insurance coverage
Added: Thu, 17/08/2017 - 10:45Just four in ten UK businesses operate with insurance in their first three years, with 74% of those without cover saying they are not big enough to need it. -
Boom in older workers sees employment rate hit all-time high
Added: Wed, 16/08/2017 - 18:21The amount of UK workers aged 50 and over increased by 2% over the last year to 9.9 million, according to figures released today by the Office for National Statistics (ONS). -
Unchanged inflation raises hopes that prices have peaked
Added: Tue, 15/08/2017 - 12:51Consumer price inflation in the UK remained at 2.6% in July after an unexpected fall the previous month, according to figures released today by the Office for National Statistics (ONS). -
Six biggest energy suppliers urged to embrace the 'renewable revolution'
Added: Mon, 14/08/2017 - 18:05A group of ex-industry leaders has urged the six biggest energy providers in the UK to focus on making smart services and local renewables mainstream if they are to continue to thrive in the future. -
Pension auto-enrolment hindering pay growth
Added: Mon, 14/08/2017 - 14:35Approximately one-fifth of private sector firms in the UK believe the government's auto-enrolment pensions scheme is acting as a barrier to pay growth. -
Nearly six in ten large corporations are considering blockchain technology
Added: Fri, 11/08/2017 - 15:56Some 57% of large firms worldwide are considering the implementation of blockchain technology, according to a study by Juniper Research. -
British Steel Pension Scheme to separate from Tata Steel
Added: Fri, 11/08/2017 - 15:43The Pensions Regulator has today approved a proposal from Tata Steel UK (TSUK) to separate itself from the British Steel Pension Scheme (BSPS), to avoid the company becoming insolvent. -
Milestone for the Actuarial Association of Sri Lanka
Added: Thu, 10/08/2017 - 18:32Actuarial Association of Sri Lanka initiated and hosted the 1st South Asian Actuarial Conference on 12th- 13th July 2017 in Colombo, Sri Lanka. -
Growth in financial assets sees household wealth rise to over £10trn
Added: Thu, 10/08/2017 - 14:40The collective household wealth of people in the UK reached an estimated £10.5trn last year, increasing by £892bn from the £9.6trn recorded in 2015, according to Lloyds Bank.