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The Actuary The magazine of the Institute & Faculty of Actuaries

What keeps a with-profits actuary awake at night?

This session will cover these key questions:

- Are the roles of the WPA and the WPC sufficiently distinct?
- Will Solvency II have any real impact on with-profits funds and their policyholders?
- Communication - what do with-profits policyholders need to know?
- How to define the policyholders' risk appetite?
- What management actions are fair to policyholders?
- Is the investment strategy appropriate/fair for policyholders?
- When is the right time to close to new business?
- How fast should surplus be distributed, to balance the interests of different generations of policyholders in a closed fund?

Who should attend?
Life assurance actuaries, particularly those with an interest in with-profits business.