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Opportunity to volunteer on the Health and Care Board
30 May 2018
The IFoA is currently recruiting up to four experienced, proactive and innovative members to volunteer on the Health and Care Board.
These volunteers will ideally already have a good industry profile and an excellent network of contacts. They will be people who are keen to build on the excellent foundations already created and have a passion to help shape and drive forward the Health and Care practice area for the future.
The closing date for volunteers is 19 June 2018.
New IFRS 17 Working Parties launched by Life Board
30 May 2018
The IFoA Life Board recently launched three new IFRS 17 Working Parties. They are focussed on the following:
- IFRS 17: Contractual Service Margin (CSM)
- IFRS 17: Future of Discounting
- IFRS 17: Transversal
We are currently recruiting for members to volunteer to join the Working Parties. The closing date is 20 June 2018.
Running Off Mature Scheme publishes paper
30 May 2018
The Running Off Mature Schemes Working Party has now published its paper. It covers the many issues faced by mature defined benefit pension schemes and how they might tackle them. It also sets out a framework for managing their run-off as they move through the various stages of maturity. Many 1000's of UK schemes are either already mature or will be in the near term - how they are run off will impact the security of their members' benefits and the funding of those schemes by sponsor employers.
Create your actuarial career plan
29 May 2018
In this blog, Chloe Hung, Amazon best-selling author, gives advice on how to plan and structure your actuarial career.
Having a solid actuarial career plan is important in increasing your chances at landing your first full time actuarial job after graduation. Plus, planning for your actuarial career gives you a better idea of where you want to go and what you want to do once you step into the working world.
The Cashless Society paper addendum is now available
29 May 2018
This addendum to the “Cashless society- Benefits, Risks and Issues interim paper” aims to complete the chronicle of international events for the topic in 2017, highlighting key developments from August to December 2017.
All eyes were on Asia. The sheer scale of mobile and Internet payments in China and their integration within social networks call for reflection on the global potential for growth.
Pensions Board DC Strategy
23 May 2018
The Pensions Board has developed a strategy for its engagement on defined contribution pensions. The paper sets out those areas where the Pension Board believes the IFoA can make a valuable contribution to policy, regulatory and industry developments. The Board will do this by working with our members to develop our evidence base and by engaging with stakeholders.
How to create an effective actuarial exam study plan for yourself
22 May 2018
In this blog, Chloe Hung, Amazon best-selling author, gives advice and guidance on 5 steps in creating your own effective study plan.
Do you know that your actuarial exam success is largely determined by how effective your study plan is? How many of you actually spend time crafting an exam study plan that will help you boost your efficiency and productivity?
Changes to the Actuaries' Code
18 May 2018
Following a substantive review and public consultation the IFoA has published changes to the Actuaries’ Code.
The changes to the Code reflect the ongoing growth and diversification of our membership and aim to make the Code clearer, more concise and ensure that it remains relevant to all members.
The revised Code will come into force on 18 May 2019. Until then, the existing Code will continue to apply.
Unabashedly and unapologetically in love with numbers
17 May 2018
In this blog, Shubhanjali Gupta, fellow actuary, talks about her journey into the profession and some of the challenges she’s faced.
I am an actuary.
Unabashedly and unapologetically in love with numbers.
I am an actuary, and I am proud!
But who is an actuary? What do they do? Is it all Maths? Do you study all the time?
These are a handful of the questions I get when I tell someone I am an actuary.
Effective studying habits to ace the actuarial exams
15 May 2018
In this blog, Chloe Hung, Amazon best-selling author describes some of the challenges students face when prepping for exams and gives tips on how to overcome them.