Firms which are licensed under the Institute and Faculty of Actuaries (IFoA) as designated professional body must comply with the rules set out in the Handbook. The Handbook covers:
- DPB Firms: Regulated Activities
- DPB Firms: Conduct of Business Code
- Rules governing Licensed Authorised Professional Firms
- Complaints and Disciplinary Process
- Licence Terms and Conditions
- Interpretation and Definitions
- Non Regulated Activities
- List of Prohibited Activities
- Permitted Regulated Activities Flowchart
- Suggested Paragraph for an Engagement Letter and Specimen Letterhead
- Qualification Lists.
Read the latest version of the DPB Handbook.This version came in to force on 15 September 2020. From time to time, this handbook will change to reflect new or amended regulation. It was amended in 2018 to incorporate the EU Insurance Distribution Directive. Minor amendments were made in 2020. A version of the Handbook showing these changes is also available. Should you require any previous versions of the Handbook please contact the DPB Manager.
For more details, or to make an application or enquiry, please email or write to the DPB Manager
DPB Manager, Institute and Faculty of Actuaries, Level 2 Exchange Crescent, 7 Conference Square, Edinburgh, EH3 8RA
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What are the advantages of using artificial intelligence (AI) in investing? What are the differences between traditional quant and AI? This new webinar discusses challenges and the future of AI in the investment sector.
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.
This session is a repeat of the one earlier today at 09:30
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.
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 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.
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.
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.