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CMI publishes CMI_2016 Mortality Projections Model
27 March 2017
The CMI has published CMI_2016, an updated version of the Mortality Projections Model, and accompanying Working Papers 97, 98 and 99. The new version incorporates recent population mortality data into the Model, and makes a number of changes to the previous method.
Reading time rules for the exams
15 March 2017
All CT, CA1, ST and SA exams now have 15 minutes reading time at the start, but there are some rules about what you can and can’t use this time for.
Reading time aims to give you a chance to read the exam paper in full, to plan the order in which you will approach the questions, and to consider how to structure your answers.
The rules are given below, and took effect from the September 2016 session. These apply to all subjects.
On the day of your exam - some things to remember
9 March 2017
During your exam there are certain things that you can do to help the markers, so that they can mark your script accurately.
A view from a member based in China: Guan Pei
7 March 2017
I became a Fellow of the IFoA in 2011. Before that, I spent 10 years studying for the IFoA and CAA actuarial exams, and gaining industry experience.
Death of Past President, Jeremy Goford
2 March 2017
We regret to announce the death of our Past President, Jeremy Goford.
Jeremy was President of the Institute of Actuaries from 2002 to 2004. He died on 25 February 2017, aged 71.
Our sympathy and condolences go out to Jeremy's family and friends.
Call for Research Proposals - Behavioural Aspects of Institutional Investment Decision-Making
24 February 2017
The Institute and Faculty of Actuaries (IFoA), through its Actuarial Research Centre, is inviting research teams and organisations to submit proposals for a research project on behavioural finance.
General Insurance Forum on the review of the Ogden Discount Rate
22 February 2017
On Tuesday 7 February 2017, the General Insurance (GI) Board hosted an open forum at Staple Inn Hall to enable members to address and represent the GI perspective on the review of the Ogden discount rate. The occasion attracted 104 delegates who joined a hearty discussion around the possible impact of a rate change on reserving, capital modelling, underwriting and other areas.
QAS accreditation awarded to Steve Dixon Associates llp
20 February 2017
The Institute and Faculty of Actuaries (IFoA) has awarded the Quality Assurance Scheme (QAS) accreditation to Steve Dixon Associates llp (SDA llp) after its successful application for inclusion in the flagship scheme
IFoA strongly supports effective climate-related financial disclosure
10 February 2017
The Institute and Faculty of Actuaries (IFoA) has today (Friday 10 February 2017) responded to the Task Force for Climate-Related Financial Disclosure’s (TCFD) consultation on Recommendations for Climate Change Disclosure launched in December of last year.
CA3 Communications to CP3 Communications
10 February 2017
In October 2016 we announced the changes that are being made to our curriculum in preparation for its launch in 2019.
The full new curriculum will be introduced from the April 2019 exam sitting. However, we will be introducing the new Personal and Professional Development (PPD) structure (which is replacing work-based skills) and the new format CA3 (now called CP3) from September 2017.