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Funeral Plans Member Interest Group CPD event (29 October 2018)
19 September 2018
The Funeral Plans MIG Managing Committee are putting together an excellent programme for the annual CPD event for 2018, which is now open for bookings.
We are delighted that LGT Vestra LLP have agreed to host the event this year, which will take place on 29 October 2018 with registration from 15.00 and the event running 15.30 – 18.00.
For more information and to book your place, please email Funeral.Plans@actuaries.org.uk with:
Actuaries and the United Nations Sustainable Development Goals
19 September 2018
Ken Buffin, Founder of the US-based Buffin Foundation, discusses the UN’s Sustainable Development Goals and the innovative ways actuaries can harness their skills to drive progress towards achieving them by 2030.How the IFoA is committed to making environmental changes
17 September 2018
The IFoA believes we all need to take steps to reduce our environmental impact, but knowing how to begin and which steps to take can be a challenge for all of us – simply put, where do we start?
Exam centre closures in Hanoi, Hong Kong and Shenzhen
14 September 2018
The CA1 paper 1 and the CT5 exams on Monday 17 September have been postponed in Hong Kong, Shenzhen and Hanoi, and will not take place on this date, and the exams will be rescheduled.
All affected candidates have been emailed about this. We will be in contact with new exam dates early next week.
Things to consider before you jump into actuarial science
14 September 2018
In this blog, Chloe Hung, Amazon best-selling author, talks about things you should consider before pursuing an actuarial career.
Are you currently unsure whether actuarial science is really your thing? Here are some things to help you decide whether actuarial science is the right choice for you. First, let’s take a look at reasons why you might want to pursue this field of study.
A) You’re passionate about numbers
Nominations open for IFoA awards
13 September 2018
Submit your nominations for IFoA Gold and Finlaison Medals and Honorary Fellowship
We recognise and celebrate the commitment and achievement of individuals who have supported and advanced the profession.
Honorary Fellowship
Honorary Fellowship is awarded to those who have achieved distinction in related fields or given significant service to the actuarial profession and who are able to add value to the profession and can have an active and ongoing involvement with the IFoA.
Update from the GI Flood Working Party
12 September 2018
Philippa King will be stepping down as chair of the GI Flood Working Party this autumn, after two years of leading the group. She has taken up a role on the GI Board, which will focus on engagement of early career members with the IFoA.
Philippa said “Volunteering for the IFoA continues to be very rewarding for me. The Flood Working Party has enabled me to get to know other actuaries in the industry, and has opened career opportunities. I would like to thank the many people who have supported the work we’ve done.
Pension Awareness Day: Winning over the hearts and minds of UK savers
11 September 2018
In the run-up to Pension Awareness Day 2018, IFoA Policy Manager Henry Thompson challenges everyone to check the value of their pension
Launch of the World Benchmarking Alliance
11 September 2018
Mark Wilson of Aviva will formally launch the World Benchmarking Alliance (WBA) on 24 September, at an evening reception at the New York Public Library on the margins of the United Nations General Assembly 2018.
The WBA is supported by over sixty leading organisations and aims to provide consistent, comparable and publically available corporate benchmarks to measure and compare performance of companies on the Sustainable Development Goals.
AODP Ranks Pension Funds on Climate Change
11 September 2018
The Asset Owners Disclosure Project (AODP) has ranked the 100 largest global pension funds on their approach to climate change. Overall, the pension sector houses stronger leaders than the insurance sector, but also more laggards, with around 1/3rd of funds disclosing no public information on climate change. In 2017, the Financial Stability Board’s Task Force on Climate Related Disclosures recommended that all publically entities should disclose on climate related risks and opportunities.
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Other actuary news
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Positive outlook expected for UK life insurers
Added: Wed, 19/09/2018 - 15:35Life insurers in the UK can look forward to a period of stability over the next 12 to 18 months, with strong operating profits underpinned by continued solvency resilience and increasing demand for products. -
Pension funds shifting towards more complex investment portfolios
Added: Wed, 19/09/2018 - 15:10The majority of institutional investors like pension funds are increasing overhauling their portfolios in search of greater returns, with two-thirds having added at least one new asset class over the last three years. -
Two-thirds of large businesses considering blockchain technology
Added: Tue, 18/09/2018 - 13:40Nearly two-thirds of businesses with over 10,000 staff are at least considering new blockchain projects, up from around half last year, a new survey has found. -
Fossil fuel demand to peak in 2020s
Added: Wed, 12/09/2018 - 13:30Rapid growth in renewable energy and clean technology will see fossil fuel demand peak over the next decade, leaving trillions of pounds worth of investments at risk. -
Small insurers failing to step up IFRS 17 preparations
Added: Tue, 11/09/2018 - 18:28Just one in ten insurers with less than $1bn (£770m) in premiums worldwide have started the design or implementation phase for incoming accounting standard IFRS 17. -
Majority of firms unsure who should manage cyber security
Added: Mon, 10/09/2018 - 17:00The majority of executives worldwide are not sure who should be in charge of their firm's cyber resilience, with most facing a specialist or generalist dilemma. -
Most top pension funds risk breaching their legal duties on climate change
Added: Mon, 10/09/2018 - 12:40Almost two-thirds of the world's 100 largest public pension funds give very little or no information on the financial implications of climate change on their investments. -
Almost two million more UK workers saving for a pension since 2016
Added: Thu, 06/09/2018 - 16:50The introduction of workplace pension auto-enrolment has resulted in almost two million more UK workers saving for retirement since 2016, new data shows. -
More than 36 million Brits lack financial safety net
Added: Wed, 05/09/2018 - 18:13 -
One-third of UK firms insured against security breaches and data loss
Added: Tue, 04/09/2018 - 13:30Only one-third of UK businesses have insurance coverage that protects them from information security breaches and the financial impact of having data lost or stolen.