Our Thematic Review Programme (TRP) is based on collaboration between the IFoA, our members, and the organisations for which they work.
We have a devoted Actuarial Review Team in place to undertake reviews on topics identified as having the potential to provide useful insight into the work of our members. The Team's work will be supplemented by specialist actuarial advice that will be obtained from time to time, for example to assist with reviews on specialist topics.
The TRP will involve review of how work is being carried out in practice by actuaries, including review of the work itself, which will allow the IFoA to share useful learning and good practice with members and their employers. The IFoA hopes that the benefits to organisations will include enhanced information about the quality of the actuarial work upon which they rely to make significant decisions.
Current reviews
You can find up to date information on current and planned Thematic Reviews here.
Form of reviews
The form of reviews will depend on the particular theme and will involve a mixture of smaller targeted and larger scale reviews. It is expected that, for many of the reviews, the format will involve a site visit and interview with a member of the Actuarial Review Team and/or a review of particular work. There may also be scope for reviews to be carried out by providing documents to the IFoA for a desk based review and/or for them to be done by video or telephone conference.
Outputs from reviews
The outputs of the reviews will be used by the IFoA to ensure its standards, guidance, Continuing Professional Development (CPD) events, and qualifications are as effective and relevant as possible, helping it to safeguard the reputation of the profession and serve the wider public interest.
Identifying themes
The thematic reviews will potentially apply to any area of actuarial work and themes will be identified using a range of sources, including:
- ongoing risk analysis undertaken by the IFoA’s Regulation Board;
- the Risk Perspective document published (and renewed from time to time) by the Joint Forum on Actuarial Regulation;
- the risk analysis work carried out by the Financial Reporting Council (FRC) in determining the scope of the specific Technical Actuarial Standards (TASs);
- insights shared with the IFoA by regulators with an interest in actuarial matters including the Financial Conduct Authority (FCA), FRC, Prudentuial Regulation Authority (PRA), and the Pensions Regulator (TPR); as well as
- the IFoA’s other regulatory activities (including its disciplinary process).
It is anticipated that thematic reviews will not be restricted only to UK work but might have a wider geographic scope.
Contact Details
For more information please contact the Actuarial Review Team
Level 2, Exchange Crescent · 7 Conference Square · Edinburgh · EH3 8RA
Filter or search events
Events calendar
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Sessional Event: The IFRS 17 Contractual Service Margin: A Life Insurance Perspective
Webinar5 October 2020
Delivered by the IFRS 17 Contractual Service Margin working party. -
Why Certified Actuarial Analysts add value to employers, including both insurers and consultancies
Webinar6 October 2020
The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields. -
Why Certified Actuarial Analysts add value to employers
Webinar6 October 2020This session is a repeat of the one earlier today at 09:30 -
Autumn Lecture 2020: Professor Elroy Dimson
Online webinar14 October 2020
Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term. -
GIRO Conference 2020 Webinar Series
Available to watch globally in November.02-13 November 2020
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.
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Life Conference 2020 Webinar Series
Online16 November 2020 - 27 November 2020
This year's Life Conference 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 life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.
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Autumn Pensions Webinar: Update from The Pensions Regulator (TPR)
Webinar1 December 2020
This webinar will provide an update on the emerging thinking around future regulation of DB schemes:
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Autumn Pensions Webinar: To the end game and beyond
Webinar2 December 2020The 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. -
Autumn Pensions Webinar: Cash is King - What next for CDI?
Webinar4 December 2020Cash-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. -
Autumn Pensions Webinar: Legal update - The letter of the law
Webinar7 December 2020Patrick 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 -
Autumn Pensions Webinar: Impact of Dividends
Webinar8 December 2020The 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.
Delivered by the IFRS 17 Contractual Service Margin working party.
The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields.
Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.
