The QAS Committee acts on behalf of the Regulatory Board to determine applications for QAS accreditation and to monitor those accreditations once awarded. The full responsibilities of the QAS Committee are set out in the Terms of Reference.
QAS Committee members include lay people and a balanced representation of volunteers’ member from different industries and countries where the QAS operates. Please see more information in the QAS Committee Member Biographies.
The purpose of the QAS Committee is to:
- Review and approve QAS applications
- Review and note Annual Return applications
- Review and approve Senior Quality Assurance Representative (SQAR) nominations
The QAS Committee meets quarterly and has a lay Chair.
Committee members include lay people and a balanced representation of member volunteers from different practice areas.
- Victor Olowe, Lay Chair
- Iain McGrory, Lay Member
- Helen Brown, Lay Member
- Alison Carr, Lay Member
- Chan Tze Leong
- Alison Carr
- Sophie Dignan
- Scott Cameron
- Katie Wood, Quality Assurance Scheme Manager
- Emma Gilpin, Head of Regulatory Policy
- Ben Kemp, Director, General Counsel
The QAS Committee meets quarterly with a follow-up conference call to finalise any decisions. The next scheduled quarterly meetings are:
- 06 December 2021
APS QA1 professional standard and QAS Handbook
- 26 July 2021
Quality Assurance Scheme
QAS Team, Institute and Faculty of Actuaries, Level 2 Exchange Crescent, 7 Conference Square, Edinburgh, EH3 8RA
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At retirement, it has become very popular for those with Defined Contribution (DC) pensions to choose drawdown rather than an annuity, but drawing a sustainable lifetime income in this way is an impossible challenge for most people. We consider a Decumulation Pathway for the typical consumer, where a small part of the DC fund is set aside for any flexible access and legacy requirements. The bulk is then used to provide a lifetime income, utilising the pooling or insuring of longevity risk.
We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; transitioning to Net Zero; increased inflationary pressures and supply chain issues; to self-imposed changes in regulatory requirements. CILA 2022 focuses on these challenges to ensure we continue to be informed and remain battle ready, as well as showcasing highlights of recent CMI outputs.
Opportunity to participate in a virtual Roundtable Discussion hosted by the IFoA in conjunction with the City of London Corporation’s Socio-economic Diversity Taskforce
In the spirit of fostering the IFoA’s vibrant, global community and enabling our members to participate, we have decided to hold our AGM virtually again this year. This allows for greater accessibility to this important annual event, and for greater accountability of our organisation.
The Business of the AGM
Join newly inaugurated IFoA President, Matt Saker, for his Presidential Address.
We’re delighted to welcome you back to our first in-person conference since early 2020, also being delivered virtually in our first-ever hybrid event. The theme of our inaugural two-day conference is ‘Focusing on tomorrow’s actuary’ and will explore the contribution actuarial science is making to some of tomorrow’s biggest issues.