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The introduction of pension freedoms in 2015 has had profound implications for how people can access their pensions savings.
However, to date there has been limited consensus around how best to build pre-retirement lifestyling strategies, and post-retirement drawdown products, in the light of this new environment. More fundamentally, is it still appropriate to have such a rigid dichotomy between “working” and “retired” phases of life?
In this blog, Khushil Modi, Actuarial Consultant at Deloitte, talks about his day-to-day role in more detail.
The NHS is tackling the challenge of rising healthcare demand and constrained funding by implementing new models of care to develop integrated local healthcare systems for a defined population.
On behalf of the IAA Banking Working Group chaired by Michael Tichareva and the Big Data Working Group chaired by Ashleigh Theophanides, you are invited to participate in the upcoming webinar entitled the Application of Big Data in Banking. The webinar will be held on Thursday, 20 September 2018 at 10:00 EDT // 14:00 GMT // 16:00 SAST. This event will last for a total of 90 minutes with a 30-minute question and answer session.
The keynote speaker is Pravin Burra.
We have made some important changes to how we capture information about your work. This will enable us to better understand the types of roles our members are currently working in, and more generally improve the quality of our data, which will help inform our regulatory approach and allow us to support your career development and growth.
We have new options for recording; employer type, practice area, and functional nature of work in your online member record.
In this blog, Chloe Hung, Amazon best-selling author, describes some of the common misconceptions of becoming an actuary.
Actuarial science is a field that is relatively unknown or misunderstood by many people. Hence, there are some common misconceptions about it. Here are a few common ones:
1. An actuary is someone who tells you when you are going to die
Currently we are recruiting for the following volunteer roles:
- CRO Group: Deputy Chair
- Committee for Lifelong Learning in Risk Management
- GDPR working party (new)
- Risk Measures working party (flexible contributors)
Details of the above and how to apply can be found on the IFoA volunteer webpage.
The IFRS 17 implementation date is looming. How prepared is the General Insurance industry?
The Towards the Optimal Reserving Process (TORP) working party is running a survey within the General Insurance Reserving community, so we would be grateful if you could take a few minutes to answer the questions. The results will be discussed at GIRO2018.
Please complete the survey by midnight (GMT) on Monday 3 September.
Join Chair Scott Reid, Zurich, to hear about latest hot topics in the Health and Care sector, on 17 September at Staple Inn Hall in London.
- Adele Groyer and Ross Campbell: Digital technology and disability claims
- Gordon Woo: Age-dependence of 1918 pandemic mortality
- Tim Eppert: Long Term Care Reform in Germany - At long last
Find out more and book this event.
This session, taking place on 4 October at Staple Inn Hall in London, is aimed at senior actuaries working in life insurance - predominantly Chief Actuaries, but also Reviewing Actuaries and others working in risk and financial reporting.
The session is intended to give participants a briefing on current and upcoming considerations for year-end reporting and we are aiming to make it as interactive as possible in order to maximise sharing of perspectives and ideas across the group.