Latest IFoA news
Click to filter your search
The accessing illiquidity working party was commissioned to explore the practical challenges which exist for UK Defined Contribution (‘DC’) pension schemes in relation to investment in illiquid assets and to explore existing and potential solutions. As part of their research into available and potential solutions for this paper, they have spoken to key industry DC platform providers and fund managers to consider the potential for development and to understand their own views on the viability of various options
Six members of the IFoA (Andrew Hitchcox, Chinu Patel, Chris Ramsey, Lok Ma, Marian Elliott and Tim Keogh) presented a sessional meeting paper on “IRM for DB Pension Schemes” in March 2017. This year, the paper was awarded the Best Paper Award in the IAA Consulting Actuaries Section of the International Congress of Actuaries 2018 in Berlin.
Read the article (page nine) in The Actuary
In 2014, the Catholic Church put engagement with impact investing on the forefront of its agenda. Four years on, the Vatican has held its third conference on the topic with the focus being on health, climate change, migrants and refugees and youth employment. Read the full report by The Economist here.
The recording of the Club Vita webinar, held on 4 July, to discuss both the current understanding of climate change and the potential implications for pension schemes and insurance companies, is now available to download.
The webinar recording covers what is happening now and what may happen in the future, how this will affect investments and pension scheme demographics and how the developing regulatory environment will affect those responsible for pension scheme funding.
Another week and yet more headlines around the energy transition and impacts on incumbents. The Financial Times reports that energy analysts Wood MacKenzie are now forecasting Peak Oil demand by 2036, earlier than the date many oil majors use in their scenario planning.
The UK Stakeholders for Sustainable Development (UKSSD) have produced a report ‘Measuring up: How the UK is performing on the UN Sustainable Development Goals’. The report finds that while there are some pockets of good news, the most vulnerable people and places in our society are increasingly being left behind.
ASTIN is a well-established worldwide leading forum of risk and actuarial professionals of non-life insurance industry. Created as the first Section of the International Actuarial Association (IAA) in 1957, ASTIN stands for ‘Actuarial Studies in non-Life Insurance’.
In this blog, Chloe Hung, Amazon best-selling author, uses her experience to explain what makes the actuarial examinations difficult and how best to prepare for them.
Has anyone ever told you that actuarial science is a difficult course to study?
Chris Reynolds, outgoing Chair of the IFoA Health and Care Research Sub-committee reflects on his time in the role:
Over the last two years I’ve had the privilege to chair the Health and Care Research Sub-Committee. This has been an excellent experience as it’s allowed me to be at the heart of the research being undertaken in the Health and Care space.
The Life Office Taxation Working Party (TWP) keeps abreast of new developments in the area of Life Office Taxation. We aim to offer an annual presentation on relevant matters to the Life Conference, and we are currently supported by having a taxation professional (Lindsay J’afari-Pak, PwC) as a member of the Working Party.