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The Institute and Faculty of Actuaries (IFoA) came into being on 1 August 2010.
It is the UK's only chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally.
Management of closed-with-profits funds The Management of closed with-profits funds working party presented at the 2022 Life Conference in Liverpool. Co-presenters Ben Stroud, Sally Butters and Dan Diggins presented a sample of their findings from a survey covering 60 closed with-profits funds across 16 firms, with a view to sharing examples of good practice and making recommendations that can support the management of the run-off of closed funds for the benefit of with-profits customers.
Advice Gap in the Market Working Party - Survey
Sandy Trust, Sustainability Board Immediate Past Chair, provides an update on their September Meeting. It was good to attend the first Sustainability Board meeting of the new session with Lucy Saye chairing and deputy chair Marcus Hurd in place. As ever, it was invigorating to see so much activity taking place across the Board’s portfolios, with high levels of engagement from the nearly 20 members of the Board, covering Events, Regulation, Education, Communities, Research, SDGs and the Early Careers Board.
Catherine Drummond, Chair, General Insurance Board, provides an update.
Richard Purcell, Health & Care Board Chair, provides an update.