A Disciplinary Tribunal is a public hearing of the charges against an Institute and Faculty of Actuaries (IFoA) member.

Tribunal Panels are made up of three or more people, with at least one IFoA Fellow and one lay member. Panels are also assisted by a legal advisor on any matters of law or procedure. The hearing is open to the public and the press to attend, although the Panel may hear parts or all of the Tribunal in private when appropriate.

In accordance with the Disciplinary Scheme notices of forthcoming hearings are listed on this website.

What happens at a Disciplinary Tribunal?

The IFoA presents the charges and evidence to the Panel. The IFoA member (the Respondent) then has the opportunity to answer the charges and call any witnesses before the Panel. The Respondent may bring their own representative if they wish.

At the conclusion of the hearing, the Panel will determine by a simple majority if a charge of misconduct has been established. If there is no majority, the charge will be dismissed. If the Panel finds misconduct, they can either decide that no sanction is appropriate or impose one or more of the following sanctions:

  • reprimand the Respondent
  • order the payment of a fine
  • suspend or withdraw any Certificate of the Respondent
  • suspend, exclude or expel the Respondent from membership of the IFoA
  • order the Respondent to complete a period of education, retraining and/or supervised practice.

If there is a finding of misconduct against the Member, the IFoA will make an application to the Panel for the Member to pay the IFoA’s costs incurred in relation to the matter.

Publication of Determinations

Determinations will usually be published on this website for five years and published in the Actuary magazine.

How to appeal the Panel’s decision

If the Respondent does not agree with the findings they may submit an appeal to the Appeals Tribunal Panel.

The Respondent may appeal on one or more of the following grounds:

  • that the determination of the Disciplinary Tribunal Panel was manifestly unreasonable, inconsistent with the evidence or wrong in law
  • that there was injustice because of a serious procedural or other irregularity in the proceedings before the Disciplinary Tribunal Panel
  • that significant and relevant new evidence has come to light which was not previously available to the Respondent and could not have become available to him on the making of reasonable enquiry
  • that the sanction imposed was manifestly unreasonable.

Notice of future appeal tribunals will be published on Forthcoming hearings.

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Contact Details

If you have any questions, please contact

clerk@actuaries.org.uk

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Events calendar

  • Asia Conference Webinar Series

    Webinars
    7 September 2020 - 25 September 2020

    Spaces available

    There will be a prestigious line-up of international speakers discussing the insurance and financial industry’s innovation and change in Asia.  The conference will take place throughout September via an online platform. The webinars consist of plenary speaking sessions and a series of workshop sessions including Life, GI, Data Science, Sustainability, Risk Management and Investment.

    This will be the perfect opportunity for you to discover,ask questions and be at the forefront of current and developing actuarial/financial topics and trends in Asia.

     

  • Spaces available

    This free 90 minute webinar is designed to support the IFoA CPD Co-ordinators, and others, involved in supporting our members to achieve their CPD requirements. 

    The programme will include an overview of the new CPD Scheme; specifically sharing with you key messages to support you implement and embrace the new CPD Scheme for our members within your organisation and regional community; how to arrange a reflective practice discussion; and an interactive reflective practice discussion learning exercise.  In addition, delegates will gain information about accessing, and making the most of the IFoA event Toolkits which you can make use of to run your own in-house events and events for regional communities. 

  • Spaces available

    16.00-17.00 GMT+8

    Consumer expectations are changing Insurance. The Royal Commission in Australia, Design Obligations in the UK, the insurtech ecosystem, and digital-first consumers demanding personalised solutions will all revolutionise how insurance looks like in the future.

  • Spaces available

    12.00-13.00 GMT+8

    This presenter / panel workshop hybrid will be anchored by two presentations examining the socioeconomic, medical and technological factors that will have a significant impact on mortality and our pricing over the next 20 years and beyond. It will also discuss whether significant mortality improvement will continue in Asia or whether varying experience of low improvements or deterioration. 

  • Spaces available

    12.00-13.00 GMT+8

    This presentation aims to provides an overview of the reformation of current Chinese regulatory solvency regime, how industry coping with the new normal after pandemic time and how the reformation of the regulation could help the insurance industry gets back on its feet as well as coming back to the “protection” core value for the policyholders. The presentation would include:

  • Spaces available

    16.00-17.00 (GMT+8) | 09.00-10.00 (BST)

    The basic data of China’s 2nd Critical Illness Mortality Table covers 2000+ products in Chinese market, including about 340 million insurance policies and 5.1 million claimants. Presenter will give the audience a general understanding including but not limited to the following contents:

  • Autumn Lecture 2020: Professor Elroy Dimson

    Online webinar
    14 October 2020

    Spaces available

    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
    Spaces available

    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.

  • Spaces available

    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.

  • Spaces available

    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.