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CDC schemes must be financially robust and focus on protecting members
25 January 2019
In its consultation response to the Department of Work and Pensions (DWP) on Delivering CDC Pension Schemes, the IFoA cautions that the Government’s next steps must be carefully considered to ensure the design of CDC schemes are financially sustainable and fair to members.
No one-size-fits-all solution for social care funding
15 November 2018
The government should consider multiple funding solutions to address the social care crisis given the diverse needs and circumstances of those requiring care both now and in the future. That’s according to the Institute and Faculty of Actuaries’ (IFoA) briefing ‘The State of Play’.This is the first in a five-part series of social care policy briefings being published to inform the debate ahead of the government’s green paper due out this autumn
Pensions dashboard essential in helping consumers save enough for retirement
24 July 2018
The pensions dashboard could be the single most effective tool in helping consumers to achieve an adequate retirement income. That’s according the latest report, ‘Retirement adequacy: an open goal’, from the Institute and Faculty of Actuaries.
Pension trustees need longer to adapt investment plans for ESG
17 July 2018
The Institute and Faculty of Actuaries (IFoA) is calling on the government to provide a realistic timetable for pension trustees to show they are recognising the financial impact of environmental, social and governance (ESG) considerations.
Jules Constantinou becomes IFoA President
29 June 2018
The Institute and Faculty of Actuaries (IFoA) is delighted to announce that Jules Constantinou begins his presidential term today (June 29), taking over from Marjorie Ngwenya
IFoA responds to Parliamentary report on social care funding
27 June 2018
Jules Constantinou, President-elect at the Institute and Faculty of Actuarie comments on the joint report out today by the Housing, Communities and Local Government and Health and Social Care Committees on the 'Long term funding of adult social care',
Regulators need coordinated approach to pension scams
20 June 2018
The IFoA has called on The Pensions Regulator (tPR) and the Financial Conduct Authority (FCA) to address the way they identify and prevent scams in order to support public confidence in the pensions industry.
IFoA opens Quality Assurance Scheme globally
11 May 2018
The Institute and Faculty of Actuaries (IFoA) is excited to announce that its prestigious Quality Assurance Scheme is open for applications worldwide.
IFoA appoints two new Directors
30 April 2018
The Institute and Faculty of Actuaries (IFoA) has appointed two key Directors, as it moves into an exciting new phase of promoting the profession and opening new markets.
IFoA aims to help consumers make sustainable retirement savings plans
25 April 2018
Consumers should consider how to balance the age at which they start pension withdrawals and the amount they withdraw if they want to sec