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Voting members of the Faculty of Actuaries in Scotland and the Institute of Actuaries have voted in favour of resolutions to merge the two organisations to form the Institute and Faculty of Actuaries. The vote on the merger took place at two separate Special General Meetings on 25 May 2010.
The Profession has recently learnt that, in order to amend a number of errors in the initial version, the DWP has substituted the present version of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2008 SI 2008/731 for the initial version of the regulations which was laid before Parliament in March 2008 and commenced on 6 April 2008.