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The IFoA, CIA and SOA launch innovative international pensions risk report
13 November 2019
This week, we’re proud to announce the launch of a pensions-focused research report from the University of Kent and the University of Waterloo, in Canada. This research has been supported by an international partnership of funders, including the IFoA, the Canadian Institute of Actuaries and the Society of Actuaries in the US.
IFoA appoints Senior Review Actuary
11 November 2019
We are pleased to announce the appointment of David Gordon to the role of Senior Review Actuary at the IFoA.
David comes to the IFoA with over 30 years’ experience in the pensions industry. He has worked with Willis Towers Watson throughout his career, advising numerous UK pension schemes, and their sponsors, on how best to deliver funding, investment, and risk management.
Diversity of experience: benefiting from role models
11 November 2019
Members of the Institute and Faculty of Actuaries (IFoA) can be inspired and gain so much from each other: mutual support, powerful collaborations, and new and even disruptive thinking; diversity of thought, if you will.
Weathering climate risk: pension funds should be obliged to disclose how they are managing climate related risks
8 November 2019
The climate emergency is posing material financial risks that could threaten the security of pension fund members’ benefits. Significant pension funds should be obliged to disclose how they are managing their climate-related financial risks.
Read the full article on The Actuary website.
Skating on thin ice: With-profits investment strategies need to consider climate-related risks and opportunities
8 November 2019
With-profits regulations are lengthy, but the guiding principles can be paraphrased simply: run the fund well by securing good investment returns to provide fair, smoothed long-term returns for each generation of policyholders. A climate warming pathway will have severe macro-economic implications – interest rates, inflation, growth and so on are likely to be impacted. This in turn impacts the key assumptions that actuaries use to manage with-profits funds. If your investment portfolios do not yet include consideration of climate factors, could you be taking risks you do not understand?
Canada’s actuaries call for action on climate change
8 November 2019
The Canadian Institute of Actuaries have released a statement outlining how quantifying and disclosing the financial impacts of climate change is an important way to help achieve global climate goals. The statement calls for the government to prioritise data collection and implement policies that accelerate climate-risk financial reporting. The report also encourages business leaders and investors to account for climate-related factors in investment decisions.
Savings Goals for Retirement
30 October 2019
In this blog, the IFoA’s Stephen Hyams talks about a new report designed to help people understand how their level of pensions savings will impact lifestyles in later life.
Your views are important to us
30 October 2019
We want you to share your views in our 2019 Member Survey.
Lee Faulkner, our Council Member Value Proposition lead, explains how your views have already made an impact on your professional body and how you can continue to make your voice heard.
To make sure your professional body is delivering the support that you need to succeed in your career, whatever your career stage and wherever in the world you are, we need to hear from you.
Event - A holistic study into Cash Flow Driven Investment
25 October 2019
Given that Cash flow Driven Investment strategy has attracted growing interests from pension funds and insurers at the backdrop of current market conditions and clients’ circumstances, the objective of this event is to gather thought leaders from asset managers, banks and insurers to offer attendees their perspectives and insights on main aspects of consideration when adopting this strategy. There will be Q&A opportunities to explore certain areas of interest in depth.
Event to be held on 4 December 2019, at Staple Inn, High Holborn.
Coping in a Cashless Society
23 October 2019
In this blog, Sabrina Rochemont of the IFoA’s Cashless Society Working Party discusses why, as cash reduces, a digitally-based financial inclusion programme will be vital.