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The Institute and Faculty of Actuaries (IFoA) has awarded the Quality Assurance Scheme (QAS) accreditation to the Government Actuary's Department (GAD) after its successful application for inclusion in the flagship scheme. The GAD is the first public sector organisation to receive QAS accreditation.
We have released new online content specifically designed to give you some tools to make good, reasoned ethical decisions when faced with challenges in your daily personal and/or professional life. The 2016/2017 content covers a broad range of issues.
Look out for new Professional Skills video case studies and online content which will be accessible via the website from October. These materials have been developed for the current CPD year and are designed to help members meet the Institute and Faculty of Actuaries' (IFoA’s) Stage 3 Professional Skills Training (PST) for Experienced Members. Details of scheduled face-to-face PST events will be published shortly
Members are invited to nominate eligible individuals for Honorary Fellowship of the Institute and Faculty of Actuaries (IFoA), and the award of Gold and Finlaison Medals. Nominations received by 9 December will be considered for the 2017 elections.
The Modelling, Analytics and Insights from Data (MAID) working party was set up earlier this year to understand the latest developments in the data science universe and what the Institute and Faculty of Actuaries (IFoA) could do to support its members in this ever-evolving environment.
Consider this unusual long-term investment opportunity if you are looking for good returns with low risk.
The Institute and Faculty of Actuaries (IFoA) has awarded the Quality Assurance Scheme (QAS) accreditation to Pensions and Actuarial Services Limited after their successful application for inclusion in the flagship scheme.
The International Actuarial Association Mortality Working Group has produced an Update providing access to the minutes and all the papers and presentations from its last meeting.
The 2016-2017 Certificate of Eligibility is now available for overseas Fellow and Associate members.
The CMI has proposed changes to the Mortality Projections Model, described in Working Paper 90.
Other actuary news
Added: Thu, 30/11/2017 - 13:41Almost half of UK employers oppose reducing the lower trigger rate for pension auto-enrolment from an annual salary of £10,000 for their employees.
Added: Wed, 29/11/2017 - 16:44It is increasingly likely that actuaries and investment consultants could face legal action should they fail to recognise the financial implications of climate risks.
Added: Wed, 29/11/2017 - 14:06The global cyber insurance market was valued at $3.4bn (£2.5bn) last year, but is set to more than quadruple to $16.9bn by 2023.
Added: Tue, 28/11/2017 - 13:19Millions of people living in the EU and the UK could see their insurance policies become redundant without a political agreement during Brexit negotiations.
Added: Tue, 28/11/2017 - 11:34Young adults should receive similar retirement incomes to today's pensioners, despite widespread pessimism among millennials about their financial futures.
Added: Mon, 27/11/2017 - 17:08The UK government has said it will harness the power of innovation to help meet the needs of an ageing society in its industrial strategy published today.
Added: Mon, 27/11/2017 - 11:49Five key implications of the incoming MiFID II framework have been identified for pension scheme trustees ahead of its launch early next year.
Added: Fri, 24/11/2017 - 12:00Just 30% of catastrophic losses caused by extreme weather events have been insured over the last decade, creating an insurance protection gap of $1.7trn (£1.3trn).
Added: Wed, 22/11/2017 - 16:18Philip Hammond confirmed GDP growth and business investment for 2017 is likely to be lower than previously expected in his autumn budget today.
Added: Tue, 21/11/2017 - 17:22Pension professionals believe geopolitical risk is the biggest short to medium-term risk facing the global economy, according to the findings of a new survey.