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The Actuary The magazine of the Institute & Faculty of Actuaries

Our changing future

Are you looking for a relatively in-
formal forum to share experiences
with other members of the
profession? If so, then this series of talks is ideal for you.
For a number of years the Faculty of Actuaries has been keen to support wider educational meetings for our membership. While the existing Faculty sessional meetings are an important source of regular development, there is also demand for a new style of meeting which is more interactive. With this in mind, in December we shall be launching the ‘Our changing future’ meetings for all Scottish-based actuaries.
A trial of the new style of meeting was held in the form of a breakfast seminar in Edinburgh in June this year. The topic was life assurance-based, the turnout was excellent, and we received positive feedback for more talks in the same format on a regular basis.
The meetings are designed to be lively, informal, topical, and, of course, educational! They will also provide verifiable CPD. The format will be interactive with the sharing of experiences encouraged between the audience and speakers. No prior reading or preparation is required.
A new committee, under the auspices of the Faculty Meetings Committee, has put together a series of talks running from December to May on a number of topics that should appeal to all levels of our profession. The initial talks will be held in Edinburgh, but we are keen to extend them to other locations.
The talks are aimed at qualified actuaries and students close to qualification. We are in particular keen to encourage our younger members to attend, exchange ideas, and share experiences in a relatively informal forum.
For the first talk, Myles Pink, business development director of Paternoster UK Limited, will be talking to us about the changing environment for final salary pension schemes in the talk titled ‘Removing the risk from company pensions’. The talk, which will be of relevance to actuaries working on behalf of both pension schemes and life companies, will cover the reasons for the changes, new solutions for companies managing their pensions risk, and the potential implications for the life industry.
The meeting will be held on Wednesday 6 December at Scottish Widows, Morrison Street. Refreshments will be available from 8.30am, followed by the main presentation and questions from 9am to 10am.
Other topics for this year’s series of talks (venues and dates to be confirmed shortly) are:
– January QIS2 and Solvency II
– February Developments in mortality analysis
– March Current topics (joint event with the Faculty of Actuaries Students’ Society)
– April Liability driven investment
– May Individual capital assessments
We would like to encourage as many members as possible to come along, so please give these meetings your support. For further details or any comments, please contact any of the organising committee shown below:
– Philippe Guijarro (chairman)
– Zoe Craig zoe.craig@watsonwyatt.com
– Richard McCullagh
– Paul Wilton paul_wilton@standardlife.com