Latest IFoA news
Click to filter your search
The IFoA congratulates everyone listed below on their new status as Fellows, Associates and Chartered Enterprise Risk Actuaries. To recognise your success your names have been published in today’s copy of The Times newspaper. Well done; we look forward to hearing more from you during your career and as you help to shape the future of the actuarial profession.
The IFoA ensures the professionalism of our members remains world-class and is reflected in the value that is attributed to their expertise.
The IFoA is aligning its new curriculum to the agreed International Actuarial Association standard.
Owing to syllabus changes approved by the International Actuarial Association (IAA) in October 2017, it is necessary to consider the relevance of the Business Awareness module, CT9, to the IFoA’s new syllabus. This will consequently impact the CB3 exam, which is due to replace CT9 in the new curriculum.
We have therefore decided to suspend all current and future CT9 examinations.
We hope to communicate the final decision on CT9 to you by the end of January 2018.
The IFoA has made every effort to ensure our website is able to cope with traffic ahead of the publication of pass lists on December 21. However if any student does have difficulties, we are also going to publish pass lists on a webpage outside of the IFoA website. If you are unable to access the website, please visit the following url: http://bit.ly/ifoa-exam-pass-lists
Our sincere apologies for the unacceptable issues encountered in accessing pass lists on IFoA’s website. Although our team worked with the hosting provider through the evening to try to alleviate the issues, this took considerably longer than it should have. All our web servers had been significantly upgraded and we were assured that we had significantly more resources than required. A full review will be undertaken and we will do our best to ensure that this is not repeated for the next batch of results later in the month.
The Institute and Faculty of Actuaries (IFoA) has awarded the Quality Assurance Scheme (QAS) accreditation to Redington Limited after its successful application for inclusion in the scheme.
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
The dream of pensions policy visionaries to create a better retirement income model that was both affordable and fair appear to have run aground, with many viewing the forthcoming Government white paper as a last-chance saloon. Professor Hugh Pemberton from the University of Bristol looks back at how we got here.
“Gender diversity is not just about increasing the number of women in the profession, it is about what we will lose if we don’t."
These are the words of our Past President Nick Salter who made diversity his Presidential Theme in 2015. With this in mind, the IFoA jumped at the chance to support a mentoring programme specifically designed to help build a pipeline of senior female talent.
It will not have escaped the attention of our members working in insurance in the UK or Europe that Brexit has an insurance dimension. In particular, the future path of insurance regulation in the UK, and how it evolves from ‘mainstream Solvency II’ will be of no little interest. While so much of the UK’s interaction with the EU post-Brexit is still shrouded in uncertainty, the UK House of Commons Treasury Committee took the lead last year in attempting to shine a light on how Brexit could affect insurance regulation in the UK, and specifically Solvency II.
Throughout 2017, the IFoA has released three bulletins looking at equality between generations across three public policy debates: climate change, retirement, and health and care. Alongside IFoA members, these bulletins feature articles from politicians, charities, think tanks and other influential individuals and bodies.
Other actuary news
Added: Fri, 19/01/2018 - 15:38The threat of cyber incidents is ranked as the number one concern for UK businesses this year, according to a survey of risk experts by Allianz.
Added: Thu, 18/01/2018 - 17:06A new climate insurance programme designed to increase access to finance and provide disaster recovery lending to some of the world's poorest people was launched today.
Added: Wed, 17/01/2018 - 15:58Fully automated 'robo-advisors' will have $987bn (£715bn) in assets under management by 2022, growing by around 155% every year.
Added: Wed, 17/01/2018 - 15:12Political and economic confrontations between major powers are expected to worsen in 2018, with the global elite preparing for another year of intensifying risks.
Added: Tue, 16/01/2018 - 15:08UK consumer price inflation fell from 3.1% in November back to 3% in December, according to figures released today by the Office for National Statistics (ONS).
Added: Mon, 15/01/2018 - 17:35Construction giant Carillion today entered compulsory liquidation after running up debts of around £1.5bn, leaving the fate of another major pension fund in the balance.
Added: Fri, 12/01/2018 - 16:12The number of mergers and acquisitions (M&A) worth more than $100m (£73m) in the UK dropped from 46 in 2016 to 38 last year, according to data from Willis Towers Watson (WLTW).
Added: Fri, 12/01/2018 - 13:55The UK's financial and professional services sector would suffer most in a 'hard Brexit' scenario, according to independent economic analysis by Cambridge Econometrics.
Added: Thu, 11/01/2018 - 17:04The vast majority of insurance companies worldwide are not prepared for the incoming accounting standard IFRS 17, despite recognising the significant risks it poses to their business.
Added: Wed, 10/01/2018 - 11:54The Institute and Faculty of Actuaries (IFoA) has today launched an initiative to explore how the profession can help achieve the UN's Sustainable Development Goals (SDGs).