The Regulatory Board has published its annual report for 2021/22, highlighting its key achievements of the past year and setting out its work plan for the year ahead.
It reflects the first full year as the new Regulatory Board with an increased remit, including responsibility for disciplinary and enforcement matters, and the public interest regulatory aspects of the IFoA’s qualification and admissions frameworks.
The past year’s highlights include the start of the IFoA-led reflective practice discussions under the Continuing Professional Development Scheme, a review of the UK Practising Certificates regime, a consultation on proposals related to climate change, and thematic reviews under the Actuarial Monitoring Scheme, including those on the topics of general insurance pricing, trust-based funeral plans and climate risk. Read the report at bit.ly/3CLCNdb
