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The Actuary The magazine of the Institute & Faculty of Actuaries

News in brief

Regulator sets out strategic direction
The Pensions Regulator has published its second Corporate Plan, setting out its view of the pensions landscape, strategic direction and outcomes to be achieved during the next three years. The plan also highlights the progress made by the regulator in the building and development of the organisation, systems, culture and processes. To view a copy, please visit www.thepensionsregulator.gov.uk/pdf/CorporatePlan2008.pdf

Risk and the markets
Markets: Magnifiers or Mitigators of Risk? is the theme of this year’s finance, investment and enterprise risk management conference, to be held on 15-17 June 2008 at the Hilton Deansgate, Manchester. As the pace of innovation in financial markets continues to speed up, new instruments are needed to allow all forms of financial and non-financial risks to be traded and dispersed widely to an ever-broader base of investors. This conference will consider developments in markets, instruments and risk management techniques from the viewpoints of insurers, pension funds, banking organisations and beyond. For more details, please visit www.actuaries.org.uk/conf/firm2008.pdf

Institute honorary fellows
At the Institute OGM on 28 April 2008, Cecil Bykerk, Paul Klumpes, Ad Kok, and Antoon Pelsser were elected as honorary fellows of the Institute of Actuaries.

Presidential address
Nigel Masters will give his presidential address at the Institute AGM on 30 June 2008 at Staple Inn, London. Copies of his address will be made available on the website following the meeting.

BAS consultations
The Board for Actuarial Standards (BAS) has published a number of consultation papers recently:
>> Actuarial mortality assumptions (deadline 20 June)
>> Exposure draft of a standard on reporting (deadline 18 July)
>> Structure of BAS standards (deadline 18 July).
To view these and other BAS consultation papers, please visit www.frc.org.uk/bas/publications/consultation.cfm
To receive direct notification of when BAS consultations are published, please register at www.frc.org.uk/bas/register.cfm