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The Actuary The magazine of the Institute & Faculty of Actuaries

Finance & Investment Board news

A new look at retirement issues

If you are interested in the subject of annuities and retirement issues, we shall be holding an evening seminar on Wednesday 17 November to look at that topic from the angles of various actuarial fields. Our speakers will be Peter Nowell, from the finance and investment area, Adrian Saunders from life, and Nigel Bodie from pensions. This free event will be held at the Governor’s House, Laurence Pountney Hill, London and full details and a booking form can be found at: www.actuaries.org.uk/files/pdf/finance_invest/networking20041117.pdf. Places are limited, so book yours now!

FSA projections

The profession submitted its response to the FSA Projections Discussion Paper on 5 October 2004. The response can be found at:www.actuaries.org.uk/files/pdf/finance_invest/fsa_dp0401_resp.pdf.

Groupe Consultatif survey – risk-management practices

The board is taking the lead in responding to a comprehensive survey on risk-management practices in the financial organisations inside the EU by the Investment and Financial Risk (IFR) Committee of the Groupe Consultatif.

The objective of this study is to get an overview of the current situation concerning risk-management practices and legislation among the different financial industries in the EU. Actuaries are becoming more and more involved in risk management and we consider that it is in the best interests of the profession to be informed of the new developments in these fields.

FIB conference 2005

We’ve had a good response to our appeal for volunteers to join existing working parties, or put forward a new research topic, for presentation at next summer’s conference. A current list of the working parties can be found at: www.actuaries.org.uk/link/members/fib/researchwps0405.html.