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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.
An update from the outgoing Chair, Gareth Mee. As I hand over the reins of the F&I Board to Clara Hughes, it falls to me to write the final blog post of this session. It has been a privilege to work with the F&I Board despite the very unusual two years of my chairmanship and I reflect on what I believe to be a successful period in the circumstances.
The Climate Change Reserving Working Party is looking into how best to support reserving actuaries in responding to climate change. This is expected to be a wide-ranging and multiyear endeavour so the Working Party is seeking to engage with the community of GI reserving actuaries who will be having to think about climate change and how it will impact on their work.
Sarah Brough, Pensions Board member, provides an update on their June meeting. The June Pensions Board meeting took place on one of the hottest days of the year. I was pleased that our meeting was virtual and I didn’t need to travel on the tube in the hot weather! I volunteered to write a blog summarising our discussions and here’s my summary of our June meeting.
Wendy Walford provides an update. The last Sustainability board of the session was held in July, I want to highlight three important topics that we covered in that meeting:
Member votes on proposed Honorary Fellows of the IFoA, and on changing the process for electing Honorary Fellows in the future, have opened today.