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Government under fire for lagging on fixing state pension errors

The Department for Works and Pensions (DWP) is years behind schedule in fixing hundreds of thousands of errors in state pension payments, according to recent statistics.
December 2022
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Watchdog unveils £49m scheme for British Steel pension scandal

The Financial Conduct Authority (FCA) has unveiled a £49m scheme to be paid for by financial firms that gave poor advice to former British Steel pension scheme members.
December 2022
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Climate disclosures falling short

Companies are disclosing incomplete information on how they are tackling climate change, leaving investors and stakeholders struggling to take meaningful decisions on their portfolios and spending, a study reveals.
December 2022

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Editor's selection

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Animal crossing: the threat of zoonotic diseases

Prachi Patkee and Adam Strange discuss what the rising threat of climate-driven communicable disease means for insurers
Risk & ERM
Environment
Health care
November 2022
Open-access content
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Interview: Tim Harford on the importance of questioning our assumptions

Tim Harford speaks to Ruolin Wang about why it’s so important to slow down and question things from emotive headlines to the numbers and algorithms we use in our work
Data Science
Risk & ERM
November 2022
Open-access content
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Knock-on effects: the risks of cyber crime for life insurers

Life and health insurers need to consider how cyber risk could potentially impact them, say Visesh Gosrani, Mikhail Norshteyn and Karl Oliver
Risk & ERM
Technology
Life insurance
November 2022
Open-access content
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Effective action: how pension funds demonstrate action on climate risk

Michael Sher discusses how pension fund trustees could demonstrate to stakeholders that they are acting on climate risk
Risk & ERM
Pensions
Environment
November 2022
Open-access content
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In the driving seat: taking a long-term view of an actuarial career

Actuarial training is all about the long-term – Bradley Shearer and Helena Ingram explore how we can think about our careers in the same way
Soft skills
November 2022
Open-access content
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So what do you do?

Catrin Townsend considers some effective ways to answer this often-dreaded question
Soft skills
Careers
November 2022
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The Actuary Jobs is the jobs website for The Actuary magazine and the official job board for IFoA (Institute and Faculty of Actuaries). 

Our aim is to help Actuarial Profession members and non-members to find jobs and recruit appropriate staff. We cover both permanent and interim positions in all actuarial areas, from junior posts to senior roles. Our goal is to put the right employer in touch with the right potential employee as efficiently as possible.

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General Insurance topic header

General Insurance

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The road to understanding

Vrishti Goel examines how data analytics could provide more personalised insurance products, for example within the motor insurance industry
Wednesday 30th November 2022
Open-access content
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Agility trial: How can ‘agile methodology’ benefit insurance?

Stefania Varnava and Yiannis Parizas examine the benefits of using agile methodology within the insurance industry
Wednesday 30th November 2022
Open-access content
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The next generation of pricing

Massimo Cavadini, Davide Burlon and Gili Smadja discuss how automated machine learning is changing the role of the pricing actuary
Wednesday 30th November 2022
Open-access content
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Unsteady states

Lawrence Habahbeh considers what a geopolitical risk framework for the 21st century would look like
Wednesday 2nd November 2022
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More from General Insurance »
Pensions topic header

Pensions

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Effective action: how pension funds demonstrate action on climate risk

Michael Sher discusses how pension fund trustees could demonstrate to stakeholders that they are acting on climate risk
Wednesday 30th November 2022
Open-access content
Large generational divide found on views around pensions triple lock

Large generational divide found on views around pensions triple lock

More than half of UK adults believe that the pensions triple lock should remain in place, although views vary significantly across age groups as inflation continues to rise.
Wednesday 7th September 2022
Open-access content
Pension funds see assets balloon to record $23.6trn

Pension funds see assets balloon to record $23.6trn

Assets under management (AUM) at the world’s top 300 pension funds increased by 8.9% to reach a record $23.6trn (£20.5trn) in 2021, the Thinking Ahead Institute has revealed.
Wednesday 7th September 2022
Open-access content
Climate risk consultation launched for Local Government Pension Scheme

Climate risk consultation launched for Local Government Pension Scheme

The UK government has launched a consultation on new requirements for the Local Government Pension Scheme (LGPS) to manage and report on climate-related risks.
Wednesday 7th September 2022
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More from Pensions »
Regulation Standards topic header

Regulation Standards

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A matter of adjustment

Private assets will continue to shine even under the Treasury’s proposed changes to the Solvency II matching adjustment, says Ziling Jiang
Wednesday 2nd November 2022
Open-access content
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A home run: reducing inequality through impact investing?

Sophie van Oosterom, Wojciech Herchel and Mark Callender consider how ‘impact investing’ in social housing could help to reduce inequality
Wednesday 5th October 2022
Open-access content
hgv

Exchange of ideas: IFRS 17 implementation in the Caribbean

Servaas Houben considers how IFRS 17 principles could benefit insurers in the Caribbean – and what European insurers could learn from the region when it comes to implementing the standard
Wednesday 31st August 2022
Open-access content
ugi

Worldview: Mauritius

Mauritius is more than a picture-postcard holiday destination, says Bernard Yen – it is also a thriving location for financial services
Wednesday 31st August 2022
Open-access content
More from Regulation Standards »
Data Science topic header

Data Science

res

Interview: Tim Harford on the importance of questioning our assumptions

Tim Harford speaks to Ruolin Wang about why it’s so important to slow down and question things from emotive headlines to the numbers and algorithms we use in our work
Wednesday 30th November 2022
Open-access content
uh

The road to understanding

Vrishti Goel examines how data analytics could provide more personalised insurance products, for example within the motor insurance industry
Wednesday 30th November 2022
Open-access content
D

The next generation of pricing

Massimo Cavadini, Davide Burlon and Gili Smadja discuss how automated machine learning is changing the role of the pricing actuary
Wednesday 30th November 2022
Open-access content
uig

Taking the initiative: exploring pricing innovation

Yiannis Parizas and Phanis Ioannou consider how non-life organisations could gain a strategic advantage through various aspects of the pricing process
Wednesday 5th October 2022
Open-access content
More from Data Science »

About the IFOA

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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.

Find out more about us by visiting our website »

Management of closed with-profits funds WP publish final report

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.

Wednesday 23rd November 2022

Advice Gap in the Market Working Party - Survey

Advice Gap in the Market Working Party - Survey

Thursday 10th November 2022

Sustainability Board Update - September 2022

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.

Monday 7th November 2022

General Insurance Board update – October 2022

Catherine Drummond, Chair, General Insurance Board, provides an update.

Wednesday 19th October 2022

Health & Care Board update - September 2022

Richard Purcell, Health & Care Board Chair, provides an update.

Tuesday 4th October 2022