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Benefiting from our CPD Co-ordinators’ Briefing
14 January 2019
Online materials from November’s CPD Co-ordinators’ briefing are now available for all IFoA members to access on our website.
Key presentations from the event suitable for claiming CPD include:
- Lifelong Learning: changing direction
- Inputs v Outcomes based CPD
- Diversity and Inclusion panel discussion
- Climate-related Risk Alert - for all actuaries
Each online video includes accompanying resources and allows you to directly claim CPD.
Congratulations to all our qualifiers
14 January 2019
To recognise your success your names were published in The Times newspaper on Friday 11 January.
The Institute and Faculty of Actuaries (IFoA) congratulates everyone listed below on their new status as Fellows, Associates and Chartered Enterprise Risk Actuaries. This notice publicly recognises the many hours of hard work that it takes to reach this significant academic and professional achievement. 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.
All UK Regulators to report on climate change in 2019
10 January 2019
In a lightly publicised move, all UK regulators (PRA, FCA, TPR, FRC) are listed by DEFRA in their list of organisations reporting on climate change. This is a significant increase from the previous reporting round when only the PRA reported.
Update from Life Research Sub-committee (LRC) – do you want to help set the Life practice research agenda?
9 January 2019
The Research Sub-committee of the Life Board at the IFoA is looking to commission three to four new working parties in 2019 and we are keen to hear your thoughts on potential topics for research. We will be meeting in January to discuss the research agenda for 2019/2020.
Climate Transition Risk for General Insurers
9 January 2019
The Institute of Actuaries of Australia’s Climate Change Working Group has recently published a paper on climate transition risk for General Insurers. The paper was presented at the Australian Actuaries Institute’s General Insurance Seminar in November.
Warming assessment of the bottom-up Paris Agreement emissions pledges
9 January 2019
Under the bottom-up architecture of the Paris Agreement, countries pledge Nationally Determined Contributions (NDCs). Many feel that the current NDCs individually align, at best, with divergent concepts of equity and are collectively inconsistent with the Paris Agreement.
A recent paper, published in Nature magazine sets out to show that the global 2030-emissions of NDCs match the sum of each country adopting the least-stringent of five effort-sharing allocations of a well-below 2 °C-scenario.
Living Longer – a view from the professions
8 January 2019
The Institute of Chartered Accountants in England and Wales (ICAEW) and the Royal Statistical Society (RSS) are hosting a workshop-style event on the afternoon of 30 January to inform a forthcoming report: Living Longer – a view from the professions
The event will examine how older populations are characterised and how this shapes public perception; how the professions can change these perceptions; what the professions can do to help the transition to an economy whose population is ageing; and what it means for the professions, their qualifications and their clients.
The IFoA needs you – could you lead one of our examining teams?
21 December 2018
The Institute and Faculty of Actuaries’ (IFoA’s) Engagement and Learning Directorate are seeking to hear from applicants who would like to be considered for senior positions in Actuarial Statistics and Health and Care.
Examination bookings open on January 14 2019
20 December 2018
Examination bookings open on January 14 2019 but owing to resource constraints there will be restrictions on available examination places at centres.
Whilst we will make every effort to find alternative places we cannot guarantee that all students, especially for the CS1 and CM1 examinations, will be accommodated.
As ever, the earlier you book the better your chances of avoiding difficulty.
Don’t miss out – tell us what you think about the IFoA
19 December 2018
Our Members Survey will close on Friday 21 December.
Help us to improve the support and services we provide for our members, now and in the future.
We’d very much like you to take part in our first members survey since 2011.
Tell us about your professional challenges and how the IFoA can support you and the wider profession.
We want to make sure we are giving you the support you need to excel in your studies and career, wherever you are in the world. Don’t miss out on this opportunity to have your say in the future of your professional body.
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Other actuary news
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Sustainability proposals to have significant implications for insurers
Added: Wed, 16/01/2019 - 17:00The European Insurance and Occupational Pensions Authority's (EIOPA) recent sustainability proposals could have far-reaching implications for insurers, Willis Towers Watson (WLTW) has warned. -
Geopolitical tensions rated the top global risk for 2019, WEF survey finds
Added: Wed, 16/01/2019 - 13:45Rising geopolitical tension is the most urgent risk facing the world this year, a survey of nearly 1,000 business leaders, politicians and academics has found. -
Car insurance premiums fall by 6% in 2018
Added: Tue, 15/01/2019 - 12:40UK motorists are paying 6% less for car insurance today than they were this time last year, data from Confused.com and Willis Towers Watson (WLTW) reveals. -
Demand for financial services falls for first time in five years
Added: Mon, 14/01/2019 - 17:10The last three months of 2018 saw total business volumes in the UK's financial services sector fall for the first time since September 2013, a survey has found. -
UK wealth managers urged to change 'nonchalant' approach to cyber risk
Added: Fri, 11/01/2019 - 11:50Less than a third of wealth managers in the UK agree their clients are growing more concerned by data breaches and cyber crime, a new survey has found. -
Just half of natural catastrophe losses insured in 2018
Added: Wed, 09/01/2019 - 17:10There was $160bn (£125bn) worth of economic damage caused by natural disasters across the world last year, just half of which was covered by insurance. -
Blockchain and cryptocurrency investment rises 10-fold
Added: Wed, 09/01/2019 - 13:05Blockchain and cryptocurrency developers received record levels of investment in the UK last year, with the country's FinTech sector continuing to be among the most attractive in the world. -
Global investors shifting risks to private markets
Added: Tue, 08/01/2019 - 15:45Institutional investors are increasing their asset allocations to private markets amid rising concerns about a downturn in the economic cycle, a global survey has found. -
15 FTSE 100 companies set to offload pension plans by 2021
Added: Tue, 08/01/2019 - 13:00As many as 15 of the UK's 100 largest listed companies are set to offload their defined benefit (DB) pension schemes to insurers in the next three years, new research suggests. -
Stock market woes hit US pension scheme funding during final quarter
Added: Mon, 07/01/2019 - 16:00A sharp decline in the US stock market during the final quarter of 2018 dashed hopes that the nation's largest corporate pension plans would enjoy consecutive years of improved funding.