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Initial Consultation Statement
18 June 2018
A regulatory approach that supports an open, modern, confident and trusted profession that best serves the public interest
Advance notice of a consultation on proportionate monitoring of the quality of actuarial work
Membership of the Institute and Faculty of Actuaries (IFoA) is globally recognised as a mark of quality with consequent high expectations around competence, integrity and rigorous ethical standards. With that comes an obligation to uphold and demonstrate high standards of technical competence and ethical behaviour.
Green Investment Survey – Submit Your Responses by 31 July 2018
18 June 2018
On 4 December 2017 the IFoA hosted a workshop on capital flows into green investment and emerging markets in partnership with Anglia Ruskin University and the Observer Research Foundation.
What is your actuarial interview plan?
13 June 2018
In this blog, Chloe Hung, Amazon best-selling author, gives advice on planning for your future.
Preparation plays an important role when it comes to going for an interview. The amount of preparation you put in before an interview may determine your confidence and success level. On the other hand, if you go without any preparation, then you may feel nervous to even attend the interview. Therefore, it would be beneficial if you created an interview plan to help you stay on-track with your interview preparations.
IFoA contributes to The Pensions Regulator and Financial Conduct Authority’s Pensions Strategy
13 June 2018
The IFoA recently participated in the Pensions Regulator (TPR) and Financial Conduct Authority’s (FCA) seminar to inform their joint Pensions Strategy. The event brought together industry stakeholders to identify future areas of focus as well as key risks and opportunities facing the pensions sector over the next ten years.
R&E risks to pension schemes; is this something or nothing?
11 June 2018
A practical guide is helping pension actuaries understand the impact of R&E risks on the advice they provide, writes Evie Calcutt.
IFoA contributes to The Pensions Regulator and Financial Conduct Authority’s Pensions Strategy
7 June 2018
The IFoA recently participated in the Pensions Regulator (TPR) and Financial Conduct Authority’s (FCA) seminar to inform their joint Pensions Strategy. The event brought together industry stakeholders to identify future areas of focus as well as key risks and opportunities facing the pensions sector over the next ten years.
Frank Redington – A ramble through actuarial history
7 June 2018
![Image of Frank Redington and quote: “[Actuaries] should not be content merely to operate as backroom technicians. There is a duty to come forward and to speak out on these questions of national finance – to be prepared to contribute in a forceful if non-partisan way every time the pensions debate resurfaces.”](/sites/default/files/Frank%20quote.jpg)
Things that actuarial employers look for in an interview candidate
7 June 2018
In this blog, Chloe Hung, Amazon best-selling author describes some of the qualities that employers look for in their candidates.
The actuarial job market is getting more and more competitive with each passing year as the number of actuarial candidates have been increasing. Therefore, it is important to know what are the specific skills or traits that actuarial employers look for during an interview.
Nat Cat Validation Working Party Update
6 June 2018
The Nat Cat Risk Validation Framework Working Party was formed in order to further examine Cat Model Validation. The working party is investigating what a proportionate validation means for Nat Cat risk in the context of complex external models, available vendor validation and Solvency II requirements.
The latest outputs from the working party can be found on the website, and includes an article published in The Actuary magazine.
GI Board Calling for Volunteers – Apply by 26 June
6 June 2018
Are you an early career General Insurance actuary with a desire to assist in shaping the environment which General Insurance actuaries practice? The GI Board is looking to appoint an additional member to help with their activities and provide an early career perspective to the board and its activities.The post-holder will also liaise with the IFoA Executive over social media strategy for the GI community.
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Other actuary news
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Insurance customers worldwide happy to share data for cheaper premiums
Added: Tue, 19/06/2018 - 15:54Almost half of insurance customers around the world are happy for insurers to use data from social media companies and health monitoring applications in return for cheaper premiums. -
Sustainability regulations announced for British workplace pension funds
Added: Mon, 18/06/2018 - 11:49UK workplace pension funds will be required to produce sustainability assessments of their investment decisions under new government regulations proposed today. -
Interest in responsible investment 'skyrockets' around the world
Added: Fri, 15/06/2018 - 12:54Demographic shifts have prompted a dramatic surge in the number of institutional investors directing their funds towards responsible investments around the world. -
Four in five UK savers face poorer living standards in retirement
Added: Thu, 14/06/2018 - 11:57The majority of British pension savers are set to experience a fall in living standards when they stop working, with many facing retirement with no savings at all. -
Two-thirds of Brits fear automation
Added: Wed, 13/06/2018 - 15:26Two in three British adults are worried about machines taking jobs from humans, while three-fifths think automation could trigger an economic crisis in the country. -
Huge majority of firms unprepared for cyber attacks
Added: Wed, 13/06/2018 - 12:24Just one-fifth of organisations around the world believe they are well prepared for cyber attacks, despite the number of highly damaging data breaches reaching an all-time high. -
Three in four financial services firms confident about the next 12 months
Added: Tue, 12/06/2018 - 15:44Three-quarters of financial services firms in the UK believe their prospects will improve over the next year, despite many growing tired at delaying expansion plans due to Brexit. -
Most top workplace pension providers risk supporting chemical warfare
Added: Mon, 11/06/2018 - 14:26Six of the UK's nine largest automatic enrolment pension providers have no policy preventing investments in firms that profit from chemical and biological weapons -
Eight out of 10 people do not understand insurance policies
Added: Fri, 08/06/2018 - 12:52Insurance contracts are too complex for eight out of 10 policyholders in the UK and require at least an A-level education to be understood, a new study has found. -
Looming 'carbon bubble' set to spark financial crisis worse than in 2018
Added: Thu, 07/06/2018 - 15:30An imminent fall in demand for fossil fuels could trigger a global financial crisis greater than the one seen in 2008, wiping trillions of dollars off the global economy.