Latest IFoA news
Click to filter your search
All CT, CA1, ST and SA exams now have 15 minutes Planning and Reading Time (PART) at the start, but there are some rules about what you can and can’t use this time for.
Planning and Reading Time aims to give you a chance to read the exam paper in full, to plan the order in which you will approach the questions, and to consider how to structure your answers.
The new rules are given below, and will take effect from the September 2016 session. These apply to all subjects.
New mortality research initiatives and update on the fall in UK (period) life expectancies UK Mortality and Longevity Update- May 2016. Bennett and Ezatti (see sec 1.4) think previous forecasts are pessimistic. The CMI (see sec 1.2) thinks previous forecasts are optimistic. The ONS (see sec 1.3) publishes its 2014-based projections on 29 Oct 2015.
Human Mortality Database is in danger (see sec 2)
The CMI Income Protection Committee is keen to hear from potential new volunteers.
The Institute and Faculty of Actuaries (IFoA) has awarded the Quality Assurance Scheme (QAS) accreditation to Quattro Pensions Consulting Limited after their successful application for inclusion in the flagship scheme
The IFoA is pleased to announce that Pamela Robertson, Senior Actuarial Analyst, Lloyds Banking Group, Edinburgh has become its 500th member to earn the prestigious CERA (Chartered Enterprise Risk Actuary) credential.
The outcome of the EU referendum saw a majority of the electorate vote in favour of leaving the European Union.
Margaret de Valois Chair of the Cornwall Council Remuneration Panel discusses the relevance of her actuarial skill set in chairing the Cornwall Council Independent Remuneration Panel Report & Recommendations – 2016.
Next Tuesday 12 and Wednesday 13 July the IFoA members' lounge will be in use for filming. We regret it will not be possible to offer study facilities on these two days.
On 31 May, Xiaoxuan (Sherwin) Li, a Career Ambassador for the Institute and Faculty of Actuaries in China, visited the Beijing Technology and Business University (BTBU).
The IFoA is seeking nominations for papers to be considered by the Awards Committee for the award of Peter Clark Prize and Geoffrey Heywood Prize
Other actuary news
Added: Tue, 23/08/2016 - 17:04The number of jobs for actuaries has experienced the biggest increase in the insurance sector in the past 12 months, according to a report produced by HFG and Vacancysoft.
Added: Tue, 23/08/2016 - 14:03Three in five people who have taken money out of their retirement savings under the pension freedoms have not planned for how they would pay for future care costs, according to a study commissioned by Citizens Advice.
Added: Mon, 22/08/2016 - 15:57General insurance in Brazil is struggling for growth, with no major recovery expected before 2017 at the earliest, according to a report published by Axco.
Added: Mon, 22/08/2016 - 15:52The Institute and Faculty of Actuaries (IFoA) today signed the Overseas Development Institutes Statement urging G20 governments to gradually reduce fossil fuel subsidies.
Added: Fri, 19/08/2016 - 16:32Growth in the economy will not be able to counterbalance the damage caused by the effects of climate change, according to a report published by the Potsdam Institute for Climate Impact Research.
Added: Fri, 19/08/2016 - 16:15The number of periodic payment orders (PPOs) granted by UK courts in 2015 remains low, according to Aon Benfield.
Added: Thu, 18/08/2016 - 18:31The number of UK businesses which are using telematics in 2016 has almost doubled since last year, according to a new report released by RAC.
Added: Thu, 18/08/2016 - 18:12The cost of the average combined buildings and contents insurance policy in the last quarter is at its lowest point since they began collecting data in Q4 2012, the Association of British Insurers (ABI) said today.
Added: Wed, 17/08/2016 - 17:32UK private motor insurers will have further obstacles ahead following the questionable success of the Legal Aid, Sentencing and Punishment of Offenders Act (LASPO), financial services firm Verdict Financial has warned.
Added: Wed, 17/08/2016 - 17:10There is not enough evidence of what actually works to help older people improve their financial capability and reduce the risk of scams, the International Longevity Centre UK (ILC-UK) has concluded in a recent report.