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IFoA sponsors Foreign and Commonwealth Office report on risks of climate change
14 July 2015
The Institute and Faculty of Actuaries (IFoA) is pleased to sponsor a report commissioned by the Foreign and Commonwealth Office on the risks of climate change, which is designed to support political leaders in deciding how much priority the issue should be given. The report was lauched by Baroness Anelay at an event at the London Stock Exchange on 13 July.
IFoA comments on UK Budget announcement to change pensions tax saving
8 July 2015
On the Government’s plans to consult on changes to the system of tax relief for pensions, Fiona Morrison, President of the Institute and Faculty of Actuaries (IFoA) said:
Quality Assurance Scheme for actuarial employers to launch in September
3 July 2015
The Institute and Faculty of Actuaries’ (IFoA) has today announced that the Quality Assurance Scheme (QAS), designed for organisations that undertake actuarial work, will formally launch on 1 September 2015.
Economy on the cusp of a new growth wave
23 June 2015
The UK and a number of other leading western economies could be on the cusp of a new growth wave, according to Dr Andrew Sentance, Senior Economic Adviser to PwC.
Majority of pensioners do not want to cash in their annuity
23 June 2015
55% would not want to sell their annuity for any reason; 48% said they value the certainty of receiving set income for life; 40% believe there is a high risk they could end up worse off by cashing in
Workplace deafness claims soar
18 June 2015
IFoA research finds claim notifications tripled in 3 year period; currently takes average of 17 months to settle typical claim; only 28% of awards paid actually going to the claimant
IFoA comments on the Queen's Speech
28 May 2015
“Whether the UK decides to remain part of, or leave, the EU could have a significant impact on pensions, insurance and investment. It is
IFoA comments on the Pensions Regulator's Annual Funding Statement
22 May 2015
The Pensions Regulator has today issued its Annual Defined Benefit Funding Statement which sets out their key messages for DB schemes undertaking valuations in light of current market conditions.
IFoA comments on Health Ombudsman report into end of life care
21 May 2015
On Monday 20 May the Parliamentary and Health Service Ombudsman reported on their investigation into end of life care, Dying without dignity.
IFoA review on the link between environmental sustainability and the financial system finds three key areas which need addressing
20 May 2015
- Sustainability of the policy of pursuing growth without limit within a finite ecosystem; implications if GDP were to be replaced as the key measure of economic success; limitations of using discount factors for long term capital allocation and investment decisions.