Skip to main content
The Actuary: The magazine of the Institute and Faculty of Actuaries - return to the homepage Logo of The Actuary website
  • Search
  • Visit The Actuary Magazine on Facebook
  • Visit The Actuary Magazine on LinkedIn
  • Visit @TheActuaryMag on Twitter
Visit the website of the Institute and Faculty of Actuaries Logo of the Institute and Faculty of Actuaries

Main navigation

  • News
  • Features
    • General Features
    • Interviews
    • Students
    • Opinion
  • Topics
  • Knowledge
    • Business Skills
    • Careers
    • Events
    • Predictions by The Actuary
    • Whitepapers
    • Moody's - Climate Risk Insurers series
    • Webinars
    • Podcasts
  • Jobs
  • IFoA
    • CEO Comment
    • IFoA News
    • People & Social News
    • President Comment
  • Archive
Quick links:
  • Home
  • The Actuary Issues
  • May 2021
News

Adjudication panel: Mr Ian Sissons FIA

Open-access content Wednesday 5th May 2021

On 10 and 17 December 2020 the Adjudication Panel considered an allegation of misconduct against Mr Ian Sissons FIA (the respondent).

The respondent held a senior position at Company B. Person A reported directly to the respondent and left the company in 2012. It was alleged that in 2013 the respondent advised Person A’s prospective employer of information that he knew or should have known was incorrect and in breach of the terms of a compromise agreement between Person A and her former employer. His actions were alleged to cause the prospective employer to not offer the job to Person A. While these allegations were upheld, the associated allegation that his actions in 2013 were dishonest was not. Separate allegations (also 2013), that he caused the prospective employer to provide differing reasons as to why Person A was not offered the job, were not made out.

It was also alleged that in May 2018 the respondent did not advise his employer that he had met with Person A in breach of an indemnity agreement between him and his employer. This was upheld.

Allegations that those actions, noted above as upheld, were in breach of the principles of compliance, integrity and communication in the Actuaries’ Code (version 2.0) and constituted misconduct in terms of Rule 4.2 of the Disciplinary and Capacity for Membership Schemes of the IFoA were found proved by the panel.

In considering sanction, the panel took into account all relevant information and was satisfied that the appropriate and proportionate sanction in this case was a reprimand and £7,500 fine.

A full copy of the published determination can be found at bit.ly/3adykm5

ACT May21_Full LR.jpg
This article appeared in our May 2021 issue of The Actuary .
Click here to view this issue

You may also be interested in...

Reinventing the profession

Reinventing the profession

IFoA president Tan Suee Chieh provides an overview of his series of videos and podcasts examining the ways in which the profession is changing
Wednesday 5th May 2021
Open-access content
web_p8_Practicing-Certificates-scheme_2020_11_18-PC-Scheme.png

IFoA consults on new Practising Certificates Scheme Proposals

The IFoA has launched a consultation on changes to its Practising Certificates (PC) requirements.
Wednesday 5th May 2021
Open-access content
A year of success

A year of success for the IFoA Foundation

As it nears the end of its first financial year, we take a look at the impact the IFoA Foundation is already making
Wednesday 5th May 2021
Open-access content
Mentoring

Sign up to the Actuarial Mentoring Programme 2021

Join a community of more than 20 organisations, including PwC and Bank of England, in our global cross-company mentoring initiative to advance inclusion and diversity for your organisation and within the actuarial sector.
Wednesday 5th May 2021
Open-access content
web_p6_call-for-papers_CREDIT_shutterstock_1342074176.png

Annals of Actuarial Science - new issues and call for papers

The March issue of Annals of Actuarial Science is available at bit.ly/3dklwwk, with free access to IFoA members via the Actuarial Knowledge Hub at bit.ly/3abRWXQ.
Wednesday 5th May 2021
Open-access content
web_p6_Longevity-Catalysts-your-help-needed_CREDIT_iStock-1257022355.png

MRSC Universe of Longevity Catalysts - input needed

The IFoA’s Mortality Research Steering Committee is producing a model to provide a method of deriving UK population mortality improvement assumptions by looking at data showing deaths by cause
Wednesday 5th May 2021
Open-access content

Latest from News

web_Kartina-Tahir-Thomson.jpg

IFoA appoints new president-elect

The IFoA's next president-elect is to be Kartina Tahir Thomson, it was announced today (29 March 2023).
Wednesday 29th March 2023
Open-access content
tf

New online forum 'IFoA communities' – now live

IFoA communities is your new online digital community. Here’s how to get started on the platform
Thursday 2nd March 2023
Open-access content
uh

Climate risk course sees new growth

In April, the Climate Risk and Sustainability course will be one year old. During its first year, we welcomed 155 participants and awarded 148 certificates. Members from more than 19 countries came together at the seminars to discuss and share what they had learnt.
Wednesday 1st March 2023
Open-access content

Latest from May 2021

need for speed

A need for speed for the COVID-19 Actuaries Response Group

Matthew Edwards and Stuart McDonald look back on the role played by the COVID-19 Actuaries Response Group during the past year
Wednesday 5th May 2021
Open-access content
Mortality

A year like no other for the CMI's Mortality Projections Model

Cobus Daneel and Jon Palin describe the challenges in producing the CMI’s Mortality Projections Model for 2020
Wednesday 5th May 2021
Open-access content
web_p14-15_Age-Concern_Cassandra Coburn_CREDIT_iStock-1238261145.png

Interview with Cassandra Coburn: Age Concern

Cassandra Coburn talks to Travis Elsum about healthy longevity, diet and sustainability, and how they are connected
Wednesday 5th May 2021
Open-access content
Share
  • Twitter
  • Facebook
  • Linked in
  • Mail
  • Print

Latest Jobs

Shape the Future of Insurance

London (Central)
£ excellent package
Reference
149090

Senior Pricing Actuary - Life Reinsurance

London (Central)
£ excellent
Reference
149089

Insurance Investment Leadership Opportunities

Flexible / hybrid with 2 days p/w office-based
£ dependent upon experience
Reference
149088
See all jobs »
 
 
 
 

Sign up to our newsletter

News, jobs and updates

Sign up

Subscribe to The Actuary

Receive the print edition straight to your door

Subscribe
Spread-iPad-slantB-june.png

Topics

  • Data Science
  • Investment
  • Risk & ERM
  • Pensions
  • Environment
  • Soft skills
  • General Insurance
  • Regulation Standards
  • Health care
  • Technology
  • Reinsurance
  • Global
  • Life insurance
​
FOLLOW US
The Actuary on LinkedIn
@TheActuaryMag on Twitter
Facebook: The Actuary Magazine
CONTACT US
The Actuary
Tel: (+44) 020 7880 6200
​

IFoA

About IFoA
Become an actuary
IFoA Events
About membership

Information

Privacy Policy
Terms & Conditions
Cookie Policy
Think Green

Get in touch

Contact us
Advertise with us
Subscribe to The Actuary Magazine
Contribute

The Actuary Jobs

Actuarial job search
Pensions jobs
General insurance jobs
Solvency II jobs

© 2023 The Actuary. The Actuary is published on behalf of the Institute and Faculty of Actuaries by Redactive Publishing Limited. All rights reserved. Reproduction of any part is not allowed without written permission.

Redactive Media Group Ltd, 71-75 Shelton Street, London WC2H 9JQ