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Life Practice Board: In the twilight zone of Brexit
13 August 2019
In the fourth of our series on the work of the IFoA’s Practice Area Boards, Colin Dutkiewicz, Chair of the IFoA’s Life Practice Area Board, rounds up a busy year for the Board.
Other blogs in this series:
Giving coal the cold shoulder
6 August 2019
In recent months, some of the biggest insurers in the world have announced their withdrawal of support for the coal industry. Alasdair Smith, member of IFoA’s Resource and Environment Board and general insurance actuary, explores these developments and their implications for actuaries.
Connecting colleagues in risk management
5 August 2019
In the third of our series on the work of the IFoA’s Practice Area Boards, Neil Cantle, outgoing Chair of the IFoA’s Risk Management Board, looks at the Board’s approach to supporting actuaries, whatever their focus, wherever they are based.
Other blogs in this series:
UK launches first review of progress towards the Sustainable Development Goals (SDGs)
1 August 2019
On the 16 July, the UK Government presented its first Voluntary National Review (VNR) on the Sustainable Development Goals (SDGs). The 17 goals are a universal call to action to end all forms of poverty and protect the planet.
UK Government sets out Green Finance Strategy
1 August 2019
Limiting global warming to 1.5°C may still be feasible, the UK Government state in their recently released Green Finance Strategy. The strategy sets out how the UK Government plans to accelerate the growth of green finance whilst strengthening the competitiveness of the UK financial sector.
The Brian Hey Prize
1 August 2019
We are considering nominations for the Brian Hey Prize.
The prize was established 20 years ago, and has served as a reminder, that research excellence is an indispensable ingredient to the success of the GI actuarial community. Past winning papers were penned on an excitingly wide range of topics by a diverse set of authors, reflecting the multitude of challenges faced by the GI industry.
Yours could join them this year!
Changes to Individual Examination Exemptions
31 July 2019
Over the past three years the IFoA has been carrying out a review of all aspects of our learning offer.A New Government
31 July 2019
Katy Little, Policy and Public Affairs Assistant, looks at Boris Johnson's new Cabinet and how this will impact on the IFoA's policy work.
Out and about with the Cashless Society Working Party
30 July 2019
Earlier this year, the Cashless Society working party engaged with the "Access to Cash” review and attended its first roundtable. Recently, one of its members also attended a Payment Services Regulator led event focused on reviewing the structure of the Link interchange fees. Moreover, its “Cashless Society in 2018” paper has been attracting interest, notably as supporting material for a House of Commons session in May about financial exclusion and access to cash.
Global focus for GI actuarial practice
30 July 2019
In the second of our series on the work of the IFoA’s Practice Area Boards, Martin Noble, outgoing Chair of the IFoA’s General Insurance Practice Area Board, sets out recent achievements and his ambitions for the Board.
Other blogs in this series:
Over the past three years the IFoA has been carrying out a review of all aspects of our learning offer.Pages
Other actuary news
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Over-60s lose almost £2bn through pension opt-outs
Added: Wed, 11/09/2019 - 13:05British adults aged 60 and over could be missing out on nearly £2bn in retirement savings by opting out of workplace pensions early, a new study has found. -
Widespread pension confusion among UK public uncovered
Added: Tue, 10/09/2019 - 13:43The majority of UK workers think pensions are confusing and don't know how much to save, according to a new study, with much of the blame levelled at employers. -
Climate change ranked the top extreme risk for investors
Added: Mon, 09/09/2019 - 15:30Global temperature change is the number one extreme risk to economic growth and asset returns for investors, a new ranking by the Thinking Ahead Institute has suggested. -
Global reinsurance capital rises 8%
Added: Mon, 09/09/2019 - 13:50Total capital dedicated to the global reinsurance industry has risen by 8% since the end of last year thanks to strong investment markets, data from Willis Re has revealed. -
Driverless vehicles could see most motor insurance premiums disappear
Added: Wed, 04/09/2019 - 15:45The adoption of driverless vehicles could see up to three in five motor insurance premiums vanish worldwide, a study by global law firm Kennedys has suggested. -
Insurers urged to offer on-demand policies as InsurTech funding soars
Added: Tue, 03/09/2019 - 16:30Insurance firms can no longer rely on their brand names to retain customers and should offer instant, flexible and digital quotes, a leading data analytics company has said. -
Top 20 global pension funds' assets decline for first time in seven years
Added: Mon, 02/09/2019 - 13:00Assets under management (AUM) at the world's 20 largest pension funds fell last year for the first time since 2012, research from the Thinking Ahead Institute has found. -
Nine million middle-aged British workers 'flying blind' into retirement
Added: Fri, 30/08/2019 - 17:53Millions of middle-aged UK workers do not know how much they have saved into their pension or what they will need for a comfortable retirement, research by Aviva has found. -
Quarter of UK population to be aged 65 or over by 2050
Added: Thu, 29/08/2019 - 12:40A quarter of UK citizens will be aged 65 or over by 2050, up from around one in five today and one in six back in 1998, the Office for National Statistics (ONS) has predicted. -
GMP equalisation now a top priority for pension experts
Added: Wed, 28/08/2019 - 12:00Guaranteed Minimum Pensions (GMP) equalisation has soared up the 'to-do list' for pension professionals in the UK following a landmark Lloyds case late last year.