Latest IFoA news
Click to filter your search
In this blog, Debbie Atkins, IFoA's Head of Engagement, talks about volunteering.
Take part in the forthcoming Volunteer Survey and help shape the volunteering experience at the Institute and Faculty of Actuaries.
Volunteers, past and present, are at the heart of our profession.
The IFoA congratulates everyone listed below on their new status as Fellows, Associates and Chartered Enterprise Risk Actuaries. To recognise your success your names have been published in today’s copy of The Times newspaper. Well done; we look forward to hearing more from you during your career and as you help to shape the future of the actuarial profession.
The IFoA ensures the professionalism of our members remains world-class and is reflected in the value that is attributed to their expertise.
The IFoA is aligning its new curriculum to the agreed International Actuarial Association standard.
Owing to syllabus changes approved by the International Actuarial Association (IAA) in October 2017, it is necessary to consider the relevance of the Business Awareness module, CT9, to the IFoA’s new syllabus. This will consequently impact the CB3 exam, which is due to replace CT9 in the new curriculum.
We have therefore decided to suspend all current and future CT9 examinations.
We hope to communicate the final decision on CT9 to you by the end of January 2018.
The IFoA has made every effort to ensure our website is able to cope with traffic ahead of the publication of pass lists on December 21. However if any student does have difficulties, we are also going to publish pass lists on a webpage outside of the IFoA website. If you are unable to access the website, please visit the following url: http://bit.ly/ifoa-exam-pass-lists
Our sincere apologies for the unacceptable issues encountered in accessing pass lists on IFoA’s website. Although our team worked with the hosting provider through the evening to try to alleviate the issues, this took considerably longer than it should have. All our web servers had been significantly upgraded and we were assured that we had significantly more resources than required. A full review will be undertaken and we will do our best to ensure that this is not repeated for the next batch of results later in the month.
The Institute and Faculty of Actuaries (IFoA) has awarded the Quality Assurance Scheme (QAS) accreditation to Redington Limited after its successful application for inclusion in the scheme.
If you are waiting for your final exam results you need to start preparing your work-based skills documents for their final sign-off
To help prevent any delays in qualifying you need to make sure that the documents you submit to us have been completed correctly.
We find some regular issues with students’ learning logs, so please take a moment to ensure that you avoid these. We can then finalise your qualification as quickly as possible for you.
You need to make sure that
The dream of pensions policy visionaries to create a better retirement income model that was both affordable and fair appear to have run aground, with many viewing the forthcoming Government white paper as a last-chance saloon. Professor Hugh Pemberton from the University of Bristol looks back at how we got here.
“Gender diversity is not just about increasing the number of women in the profession, it is about what we will lose if we don’t."
These are the words of our Past President Nick Salter who made diversity his Presidential Theme in 2015. With this in mind, the IFoA jumped at the chance to support a mentoring programme specifically designed to help build a pipeline of senior female talent.
It will not have escaped the attention of our members working in insurance in the UK or Europe that Brexit has an insurance dimension. In particular, the future path of insurance regulation in the UK, and how it evolves from ‘mainstream Solvency II’ will be of no little interest. While so much of the UK’s interaction with the EU post-Brexit is still shrouded in uncertainty, the UK House of Commons Treasury Committee took the lead last year in attempting to shine a light on how Brexit could affect insurance regulation in the UK, and specifically Solvency II.
Other actuary news
Added: Wed, 11/04/2018 - 14:03Asian companies have been among the first in the world to start preparing for IFRS 17, with Korean firms most advanced in implementing the incoming accounting standard.
Added: Mon, 09/04/2018 - 14:37Brexit is seen as by far the biggest threat to the UK's financial services sector this year, with cross-border access predicted to be the greatest challenge arising from the UK leaving the EU.
Added: Fri, 06/04/2018 - 14:31New government data reveals that average pension incomes in the City of London are almost three times larger than those in Stoke, analysis by Royal London has found.
Added: Thu, 05/04/2018 - 17:08One-fifth of UK adults believe they will work until they are physically unable to, while one in twenty expect to be working all their lives, new research has found.
Added: Wed, 04/04/2018 - 14:21UK insurance firms are failing to implement rules designed to increase transparency and encourage shopping around at renewal time, the Financial Conduct Authority (FCA) has warned.
Added: Wed, 04/04/2018 - 12:39Approximately one-third of UK business leaders would pay a ransom if they suffered a cyber attack, with one in ten willing to fork out £1m or more to get their systems and data back.
Added: Tue, 03/04/2018 - 15:33Lloyd's of London has been accused of facilitating dangerous climate change by continuing to allow syndicates to insure coal projects in its latest divestment policy.
Added: Tue, 03/04/2018 - 13:02Financial institutions across the world are increasingly turning to technology to manage a growing number of digital threats and regulatory requirements.
Added: Thu, 29/03/2018 - 14:15Falling migration combined with an ageing population have created a perfect storm that will lead to a severe shortage in Britain's labour market by 2025.
Added: Wed, 28/03/2018 - 13:00Approximately 28% of senior business decision-makers in the UK are unaware that their minimum workplace pension contributions will increase on 6 April this year.