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10 ways to meet your CPD requirements and get the most out of CPD
15 March 2018
As our profession’s regulator, we enable our members to demonstrate that they meet the professional standards and quality of actuarial work necessary for assuring public trust in the profession. One of the ways we support our members to demonstrate their professionalism and competence is through the IFoA’s Continuing Professional Development (CPD) Scheme. My journey to becoming an actuarial consulting analyst
13 March 2018
In this blog, Khushil Modi talks about his journey from studying actuarial science at LSE to working at Deloitte as a consulting analyst.Volunteer Information Pack Update: The Scottish Lobbying Register
9 March 2018
In 2016 the Scottish Parliament voted to create a Lobbying Register, designed to make interactions between organisations like the IFoA and Scottish Policymakers more accountable. The law now requires all activities that meet the definition of ‘regulated lobbying’ to be recorded, and if you come into contact with Scottish Policymakers or their staff, you may have to let the Public Affairs Team know. Make sure you are aware of the IFoA’s policy on the register, and what activities need to be logged.
International Women's Day – Time to Act!
8 March 2018
In this blog, Chika Aghadiuno, Chair of the IFoA Diversity Advisory Group, talks about female representation in the actuarial profession this International Women’s Day.
In the context of gender equality, there is much that we could point to as a sign of progress over the years. Since the 1950s the face of the profession has changed dramatically. Monica Allanach, the first woman on Council is pictured below left as the sole female in the room. The photo below right, at the Monica Allanach event in 2015 is in stark contrast.
Maths communication: Q and A with actuary turned Amazon bestseller Chloe Hung
28 February 2018
In this blog, we speak to Chloe Hung about her book on breaking into the actuarial industry called 'Strength in Numbers', and find out a bit more about what inspired her this World Book Day.
Can you tell us a bit more about your book ‘Strength in Numbers’?Reduced rate subscription fees audit
26 February 2018
The IFoA Membership Team are currently carrying out an audit of reduced rate subscription fee paying members for the 2016/2017 membership year.
We undertake an audit of members paying reduced rate subscription fees to ensure that members paying the reduced rate meet the required level of income from all sources, including pension and investment income.
Capacity for Membership Scheme
1 February 2018
We are introducing a new process for dealing with members experiencing significant health issues, who are facing an allegation under the Disciplinary Scheme.
IFoA statement on CT9 and CB3
1 February 2018
IFoA Council took the decision to align Curriculum 2019 with the new syllabus announced by the IAA in October 2017.
We have consulted widely on this and there has been significant support for this alignment as it provides qualifiers with the confidence that their qualifications are internationally benchmarked and continue to be transferrable across the globe. The decision by the IAA required us to complete a final review of the IFoA’s new curriculum late in 2017 to ensure our full compliance.
Meeting Actuarial Professionals in Mumbai
30 January 2018
In this blog, Marjorie Ngwenya, President, Institute and Faculty of Actuaries, discusses the importance of meeting actuarial professionals in India and our Council meeting at the 19th Global Conference of Actuaries meeting in Mumbai.
Statement from the IFoA: Pensions and Risk Investment conference update
24 January 2018
Following consultation with the relevant Boards, it has been agreed that separating the Pensions and Risk Investment conference into two individual events will allow for greater focus on each area’s topics thereby delivering a full and topical one-day conference programme fully dedicated to your sector. A pre-conference dinner the previous evening will allow for greater networking opportunities with peers and colleagues in your field.
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Other actuary news
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High home ownership recorded among lowest income pensioners
Added: Mon, 23/04/2018 - 12:20Low-income pensioners in the UK have among the highest levels of home ownership in the country, according to new analysis of government figures by Just Group. -
Global disaster events highlight $193bn insurance protection gap
Added: Fri, 20/04/2018 - 15:49Insured losses from disaster events hit a record-breaking $144bn (£103bn) worldwide in 2017, yet the total economic costs were more than double this at $337bn. -
Equity release lending doubles in two years
Added: Thu, 19/04/2018 - 12:19Lending activity in the UK equity release market hit a record £870m in the first quarter of 2018 120% more than the £394m registered in the first three months of 2016. -
Almost one-third of Brits would switch to technology giants for insurance
Added: Wed, 18/04/2018 - 11:00More than 30% of UK consumers would purchase some form of insurance product from 'alternative providers' like Google, Amazon and Facebook, new research has found. -
Malicious cyber attacks double in 2018
Added: Tue, 17/04/2018 - 13:39The number of cyber attacks with the potential to cause damage or result in the loss of high-value assets more than doubled in the first month of this year compared to January 2017. -
Commonwealth countries urged to agree standards on financial services
Added: Tue, 17/04/2018 - 11:00Commonwealth countries should agree what constitutes best practice in financial services as part of an effort to kick-start economic growth around the world. -
Car insurance premiums fall for first time in three years
Added: Mon, 16/04/2018 - 12:11Car insurance premiums fell by 7% in the first quarter of 2018 following government changes to the way insurers calculate compensation for personal injuries. -
Universal Credit to hurt self-employed
Added: Fri, 13/04/2018 - 18:08Self-employed workers on Universal Credit could be worse off than employees on the same benefit even if their earnings are identical, Citizens Advice has warned. -
Millennial pension wealth declines following auto-enrolment roll-out
Added: Thu, 12/04/2018 - 10:30Millennials have seen their total wealth saved towards retirement drop since the introduction of workplace pension auto-enrolment, according to analysis by Equiniti. -
AI drives strong growth in venture capital investment at the start of 2018
Added: Wed, 11/04/2018 - 15:40Venture capital (VC) investment worldwide increased from $46bn (£32.4bn) in the final quarter of last year to $49.3bn in the first three months of 2018, according to data from KPMG.