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In the eighth of our series on the work of the IFoA’s Practice Area Boards, Nick Reilly, outgoing Chair, and Chris Reynolds, incoming Chair of the IFoA’s Health and Care Practice Area Board, round up a busy year for the Board.
Other blogs in this series:
Your help is needed to steer research!
As general insurance actuaries, we rely on fresh thinking to take on ever evolving challenges. The practitioner community has mentioned several themes regularly in various forms. How should we continue (or start) tackling them together in the next few years?
The IFoA has published new online content to assist Members to fulfil their Stage 3 PST requirements for the 2019/2020 CPD year under the heading “A Trusted Profession”. This consists of 9 new professional skills videos, each with accompanying discussion videos and related content.
Stephen Redmond, lay Chair of the IFoA’s Disciplinary Board, reflects on how the IFoA’s disciplinary scheme review is a product of collective endeavour.
My first six months as the Chair of the IFoA’s Disciplinary Board have flown by. I have visited the three UK offices and had the pleasure of meeting many of the IFoA’s staff.
By definition, changes in the average human lifespan are realised slowly over time. It can be useful though to reclassify this emergence as the long term result of a series of various trigger events that have occurred at a single point in time. We define these events Longevity Catalysts. Examples of past catalysts could include:
In the seventh of our series on the work of the IFoA’s volunteer-led Practice Boards, Dick Rae, Chair of the IFoA’s Finance and Investment Board, looks at how the Board are honing their outputs to reach and help members working in this area.
Other blogs in this series:
Update to Members on the new AMS Thematic Review Programme
The IFoA has launched its Actuarial Monitoring Scheme (AMS) with the announcement of two thematic reviews.
The Institute and Faculty of Actuaries (IFoA) has confirmed the election of Sir Steve Webb and Dr David Bellhouse as Honorary Fellows.
Both Sir Steve and Dr Bellhouse were nominated by the IFoA’s Council. Their election was confirmed by an online members’ vote conducted over the summer.
On Friday 13th September, the IFoA’s Board of Examiners issued their final outcomes on breaches of Assessment Regulations during the April 2019 examinations; on Tuesday 17th September, the IFoA issued a further update to the original notification, confirming that details, including the appeals process for breaches of Assessment Regulations cases, would be avai
This week we’re proud to announce the launch of an innovative, pensions-focused research paper from the Actuarial Research Centre (ARC), the Canadian Institute of Actuaries (CIA) and the Society of Actuaries (SOA).
Other actuary news
Added: Thu, 03/10/2019 - 14:43A group of female campaigners has this morning lost a High Court battle with the UK government over its controversial increase to the state pension age.
Added: Wed, 02/10/2019 - 15:30Three of the top five global risks facing businesses over the next decade are economic threats, an annual survey by the World Economic Forum (WEF) has uncovered.
Added: Tue, 01/10/2019 - 12:34UK pension scheme trustees must consider environmental, social and governance (ESG) factors when making investments decisions under new rules that came into force today.
Added: Mon, 30/09/2019 - 18:05The Pensions Administration Standards Association (PASA) has today published further guidance for schemes undertaking guaranteed minimum pensions (GMP) equalisation.
Added: Mon, 30/09/2019 - 14:03Willis Towers Watson (WTW) has recommended that the International Accounting Standards Board (IASB) make several additional amendments to IFRS 17.
Added: Fri, 27/09/2019 - 17:15Four in 10 of the UK's 100 largest listed firms have cut pension contributions for directors this year, according to research from Willis Towers Watson (WTW).
Added: Fri, 27/09/2019 - 13:10The outlook for the UK's life insurance industry remains stable, according to research by Moody's, but a no-deal Brexit threatens to undermine growth for the sector.
Added: Thu, 26/09/2019 - 14:30Insurers are among the least-trusted companies in the UK and cannot answer over half of routine questions asked of them by customers online, a new study has uncovered.
Added: Wed, 25/09/2019 - 17:45A first-of-its-kind coalition of over 30 organisations across the investment value chain has been launched to boost resilience to climate change worldwide.
Added: Wed, 25/09/2019 - 15:10Savers in defined contribution (DC) pension schemes are missing out on higher returns due to a lack of investment in some of the UK's fastest growing and most innovative companies, a new study has found.