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The Institute and Faculty of Actuaries (IFoA) will host three high profile events in London later this year. Please save the date for the following events:
- 11 September 2018: Life Networking event focussed on international actuarial experiences (evening)
- 16 October 2018: IFRS 17 workshop (PM only)
- 4 October 2018: Chief Actuaries and Senior Actuaries workshop (full day workshop)
Programmes will be confirmed in late July.
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 the role of Module Lead for Health and Care SP1 and SA1, a new role for the new curriculum. This is a senior appointment and applicants must be able to show an understanding and interest in education at post graduate level.
The Institute and Faculty of Actuaries (IFoA)'s is seeking to appoint up to four experienced, proactive and innovative volunteers to join the Health and Care Board.
These volunteers will ideally already have a good industry profile and an excellent network of contacts. They will be someone who is keen to build on the excellent foundations already created and have a passion to help shape and drive forward the Health and Care practice area for the future.
The Lifelong Learning (Life Practice) Sub-committee is seeking to recruit up to four members to join them, who should be a Fellow or Associate member of the Institute and Faculty of Actuaries (IFoA).
The sub-committee oversees the Life Conference Sub-committee and runs up to eight one day workshops annually, alongside up to six evening CPD and Networking events. Sub-committee members will be expected to lead on the development of the programme of one or more of these annual events.
The significance of the Matching Adjustment (MA) for annuity writers is well understood – with David Rule recently confirming the value to UK firms to be £66bn. With strong growth forecast in the bulk annuity de-risking market, this figure will get bigger and bigger.
This new working party of the IfoA’s Financial and Investment practice area held its first meeting recently, having attracted interest from over twenty members from across the industry (consultants, asset managers and insurers).
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In this blog, Chloe Hung, Amazon best-selling author, gives advice on step to take following an interview.
Now that you are finished with your interview, you may be feeling excited to hear back from your interviewers because you’ve done all the necessary preparations and you’ve given your best shot during the interview. But patience is key here because you don’t want to annoy your future employers by sending them never-ending follow up emails.
The Department of Work and Pensions (DWP) have launched a consultation on changes to regulations for pension fund trustees.
The consultation features a climate risk maturity model from consultancy Grant Thornton, as well as input from selected individuals and institutions – in particular Sackers, Hermes and Nico Aspinall. A key driver for the consultation, is the conclusions the DWP have reached:
In January 2018, the IFoA’s ESG Investment Working Party published its Thoughts on Terminology to use when seeking to engage actuaries on topics related to environmental, social and governance (ESG) issues in investment. Further to this, the working party has now published a guide to help IFoA staff and volunteers use ESG termionolgy appropriately (see table below). Note that the definitions given below reflect typical usage in 2018, but the definitions are evolving and there is not yet universal agreement.
Other actuary news
Added: Tue, 03/07/2018 - 12:30There are three times as many European pension funds considering how climate change could impact investments than there were last year, new research has found.
Added: Mon, 02/07/2018 - 12:05Companies that took part in mergers and acquisitions (M&A) this year have seen share prices drop at a greater rate than at any time since the 2008 financial crisis.