Welcome to the Non-Executive Directors' Member Interest Group community
Our main objective is to promote actuaries as valuable NEDs. Our group (the NED MIG) encourages Actuary NEDs to succeed together by operating a platform where knowledge and creativity can be shared passionately. Our members can gain insight and together, overcome unique challenges affecting Boards and NEDs.
Thank you to our sponsors; Clifford Chance, Oliver Wyman, PricewaterhouseCoopers and Ridgeway and Partners, for their ongoing support.
Join the conversation on LinkedIn
Discuss all things related to the IFoA Finance and Investment practice community in our LinkedIn Group.
- To promote the value which actuaries can add as NEDs, particularly in the financial services context.
- To deliver a range of advice and resources to support our IFoA Non-Executive Directors in their roles.
- Provide opportunities for networking between members, both in open forums and on-line. Members are encouraged to share experience and engage in stimulating discussions on current issues and challenges facing NEDs (particularly in the regulated financial services context).
- To inspire the next generation of Actuary NEDs by providing information and insight on this essential role.
- Acting as informal representative body for NEDs and working with Institute and Faculty of Actuaries and external stakeholders including regulators to help address issues affecting Actuary NEDs.
Management Committee of the NED MIG
The MIG Managing Committee is set up to support the Chair develop and deliver the core objectives of the group.
Join our Mailing List
Keep informed of upcoming events by joining our mailing list.
You might also like
If you want more information about Member Interest Groups, or would like to start one, please contact the Professional Communities Team:
Filter or search events
This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.
This webinar will provide an update on the emerging thinking around future regulation of DB schemes:
The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.
Retail banking is going through a period of substantial change as it moves into the digital age. Banks have large amounts of data about their customers and about their risks. Open data application programming interface (APIs) and data science are enabling banks to use their data to offer innovative and sometimes personalised services. Data science is also adding value in risk areas such as fraud detection and cyber security. At the same time, the move to online banking is making it easier for firms including fintechs to enter banking without having to establish branch networks.
Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.
Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year
The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.
Covid-19 has required an urgent and cross-practice initiative to facilitate the extensive impact this pandemic has across all industries. IFoA members have been keen to contribute in a different way, so we developed the IFoA Covid-19 Action Taskforce [ICAT] to coordinate our effort, with a more efficient governance.
We have over 500 volunteers and countless topics which we have amalgamated into 93 workstreams.