The Financial Advisers MIG aims to provide members a platform to share best practice; issues and opportunities; gain CPD from regulated advice perspective; provide opportunities to strengthen the advice process; and act as an informal representative for members providing financial advice

The initial focus of the MIG has been on the area of retirement advice. In particular the group had discussed the risk around drawdown advice as well as the impact of volatility of regular withdrawals on fund growth. The view of the group has been that there is potential weaknesses in the current advice process and existing guidance which could be strengthened.

There are a number of advisers who are also actuaries in addition to this; the modelling tools which are used to assess and explain risk are based on modelling carried out by actuaries. There is an opportunity to bring an actuarial perspective into the advice process which could both strengthen the advice process and potentially develop the involvement of the actuarial profession.

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If you want more information about Member Interest Groups, or would like to start one, please contact the Communities Engagement Team:

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Events calendar

  • Spaces available

    With the Pension Schemes Act 2021 requiring a long term strategy from Trustees and sponsors, choosing a pensions endgame strategy has become even more critical. However, it is important that the endgame options available are adequately assessed before choosing one. With an ever-increasing array of creative and innovative options available, this decision may not be straightforward.

  • Spaces available

    Over recent months there has been a sharp rise in M&A activity involving British businesses, with interest from overseas, domestic buyers and Private Equity investors.  

  • Spaces available

    Frank Redington is recognised as one of the most influential actuaries of all time. In this talk, Craig will review some of Redington's most important ideas. He will identify the consistent actuarial principles that form a common thread across the contributions Redington made to a broad range of actuarial fields, and will highlight the ongoing relevance of Redington's thinking to 21st century actuarial practice.

  • Spaces available

    What will happen to DC pension savers who see life annuities as poor VFM but still want an income for life?  Pooled annuity funds could offer them a decent lifetime income while reducing significantly the complex choices and risk inherent in income drawdown.  They could be the next generation of CDC pension schemes, slotting into the existing DC framework as a post-retirement option.