Objectives:
The group's work mainly focused on the financial and actuarial implications of demography in the public interest.
- Keeping abreast of issues affecting demography and the financial implications to the UK population, and keeping members up-to-date on upcoming research, events and news
- Raising awareness of the opportunities available to actuaries in this area and the values actuaries can contribute
- Keeping abreast of all related Government initiatives and participating in consultations to help influence Government policy
- Carrying out research and contributing to debate on demography issues in the public interest. The group will work with the Institute and Faculty and other external organisations and professions to achieve this
Membership:
The group was led by chair Andrew Bryan.
- Deborah Cooper
- Adrian Gallop
- Aldo Mendieta
- Joynur Rahman
- Colin Redman
- Tony Salter
- Aidan Smith
Outputs:
For 16 years, the group was successful in promoting ageing population issues always from a public interest standpoint, holding three conferences (each being able to attract well known speakers, including Frank Field and Andrew Dilnot), sponsoring a series of papers, linking up with outside organisations, in particular the International Longevity Centre, and publishing the book ‘100 years of State Pension.’
- 100 Years of State Pension - Learning from the past. This book provides a timely and informative history of pensions policy to mark the anniversary of the first payment of the state pension following the Old Age Pensions Act 1908. Presented at sessional meetings in January 2009 and March 2009
- Presentation of “Pensions and the Ageing Population” to the Staple Inn Actuarial Society (SIAS) on Tuesday 13 December 2011
- Joint IFoA and International Longevity Centre seminars. Topics covered: “The health and employment of older workers” (22 November 2011) and “Centenarians and the Oldest Old” (29 November 2011)
- H M Government consultation: Shaping the future of care together. Response from the Actuarial Profession, November 2009
- House of Commons work and pensions committee enquiry into Tackling Pensioner Poverty. Submission by the Actuarial Profession, March 2009
- Post retirement risks
- Pricing and risk capital in the equity release market. Oct 2007
- Equity Release Report 2005
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Contact Details
If you want more information about Member Interest Groups, or would like to start one, please contact the Professional Communities Team:
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Events calendar
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Pensions: Actuarial Factors used to Calculate Benefits in UK Pension Schemes
Webinar28 January 2021The IFoA’s Actuarial Review Team has published its first thematic review, which looked at the actuarial advice given by scheme actuaries to UK pension scheme trustees on setting transfer values and commutation rates.
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India Town Hall
Webinar28 January 2021IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual India Town Hall 2021, hosted by John Taylor with IFoA Council Member Mahidhara Davangere and IFoA Chief Executive, Stephen Mann.
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Winter Thought Leadership Lecture with Vicky Pryce
Webinar3 February 2021What are the options for the world economy looking ahead?
In this Thought Leadership Lecture, Economist, Vicky Pryce, will be discussing world economic trends, including the differences in geographical performance and how output is recovering and where.
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Professional Skills Training Webinar - 9 February 2021
Webinar9 February 2021Trust and Leadership for Actuaries
Led by Dr. Jim Baxter, University of Leeds, this webinar introduces some key ideas in the ethics of trust, with a particular focus on those in, or on the path to, leadership roles. Dr Baxter is joined by a panel of experienced leaders who will give their personal perspectives on how they understand the value of trust and how they seek to promote and inspire trust, drawing on their experiences of leadership. The panel includes:
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Health and Care Hot Topics webinar
Online webinar10 February 2021In this webinar, we have two presentations showing the latest research on the implications for life and health insurers of two key issues: genomics and pandemic risk.
Dr Peter Joshi and Paul Timmers will share their research on how well-established underwriting processes can allow for genomics in predicting expected mortality and morbidity. They will then discuss the potential for stratified screening and personalised medicine to improve health and reduce claim costs.
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As the world’s attention begins to turn to COP26 later this year in Glasgow, Sarah Gordon (Chief Executive, Impact Investing Institute) will share her vision for how the financial services industry can deliver for people and the planet, as well as how to encourage more investment with the intention to generate positive, measurable social and environmental impact alongside a financial return.
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Sub-Saharan Africa Town Hall
26 February 2021IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual SSA Town Hall 2021, hosted by John Taylor with IFoA Council Members Mukami Njeru, Prosper Matiashe and IFoA Chief Executive, Stephen Mann.
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MENAP Town Hall
2 March 2021IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual MENAP Town Hall 2021, hosted by John Taylor and IFoA Chief Executive, Stephen Mann.