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Practising Certificates Committee

The Practising Certificates Committee (PCC) is responsible for considering Practising Certificate (PC) applications and administering the PC Scheme.

The overall purpose of the PCC is:

  • to consider and advise the Regulation Board on matters in relation to practising certificates;
  • to implement agreed measures arising from any review of the PC Scheme;
  • to administer and communicate the PC Scheme according to its objectives.

The full responsibilities of the PCC are set out in the Terms of Reference.

PCC Members

PCC members include volunteer members from the relevant practice areas relating to the different types of Practising Certificates.  Members of the PCC are set out below organised by the panel(s) that they represent.

Chair

Karen Butroid FIA

Lay member

Marcia Cantor-Grable

Pensions Panel                                                     

  • Karen Butroid FIA                                                   
  • Chris Green FIA                                                     
  • Paul Hubbold FIA                                                   
  • George Pumffrey FIA                                             
  • Mike Shimwell FIA                                                 
  • Edwin Sheaf FIA     
  • Elaine Stevenson FFA 
  • Iain Turri FIA                  

Lloyd's Panel

  • Alex Lee FIA
  • Ben Gilman FIA
  • Parth Patel FIA
  • Emma Stewart FIA
  • David Simmons FIA
  • Samantha Tanner FIA

Life Panel   

  • Iain Baker FFA   
  • Andrew JM Chamberlain FIA 
  • James Crispin FFA   
  • Nick C Dexter FIA 
  • Louise Eldred FIA

Non-Life panel

  • Veekash Badal FIA
  • Iain Baker FFA
  • Ian Burningham FIA
  • Ben Gilman FIA
  • Parth Patel FIA
  • Samantha Tanner FIA

Executive:

  • Stephanie Snowden, Secretary to the PCC
  • Emma Gilpin, Head of Regulatory Policy
  • Ben Kemp, Director, General Counsel

The membership of the PCC has been disclosed for information and transparency purposes only.  Members should contact the Secretary of the PCC with any PC queries and should not approach individual members of the PCC. This is important for the impartiality of the PCC and to maintain our Conflicts of Interest Policy.

Meeting information

The PCC meets twice per year, with the latest meeting being held on 14 October 2020. The agenda and minutes from the latest meeting can be found below. Minutes are redacted as and when the PCC considers it appropriate to do so.

PCC Annual Report

The PCC produces a Report to Members annually and PC applicants are encouraged to read the Reports before submitting an application.

Filter or search events

Start date
E.g., 01/12/2020
End date
E.g., 01/12/2020

Events calendar

  • Spaces available

    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.

  • Spaces available

    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.

  • UK Town Hall 08:30-09:30

    Webinar
    4 December 2020

    Spaces available

    IFoA President Tan Suee Chieh would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual UK Town Hall 2020, hosted by Tan Suee Chieh with IFoA’s Immediate Past President, John Taylor, President Elect, Louise Pryor and IFoA Chief Executive, Stephen Mann.  

  • UK Town Hall 10:00-11:00

    Webinar
    4 December 2020

    Spaces available

    IFoA President Tan Suee Chieh would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual UK Town Hall 2020, hosted by Tan Suee Chieh with IFoA’s Immediate Past President, John Taylor, President Elect, Louise Pryor and IFoA Chief Executive, Stephen Mann.  

  • 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

    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

  • 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. 

  • Spaces available

    Running off the £2 trillion of UK corporate sector defined benefit liabilities in an efficient and effective fashion is the biggest challenge facing the UK pensions industry. Trustees and sponsors overseeing those schemes need to be clear on their target end-state and the associated journey plan – but too few have well articulated and robust plans.

  • Spaces available

    The actuarial skill set has much to offer the banking industry. So many of the skills that actuaries acquire during their working life translate across to the world of banking and yet banking is perceived as an alien environment to many actuaries. But is it?

  • Spaces available

    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.