The High Court have ruled today that a fracking operation in North Yorkshire can proceed despite thousands of objections, the first to be given the green light since a ban was lifted in 2012.
The Pensions Regulator should do more to inform defined benefit pension trustees of their scope to invest in businesses outside their covenant net, actuarial firm Hymans Robertson has said.
On 28 January, research work commissioned by the profession and undertaken by Barrie & Hibbert and PwC on the employer covenant will be presented to members. The research was commissioned to look at alternative ways of valuing the employer covenant in pension scheme work.
On the evening of 22 October, David Hare, presented Professor Mary Hardy with the Finlaison Medal at a sessional research meeting at Londons Staple Inn Hall.
The Institute and Faculty of Actuaries has recently published new guidance on conflicts of interest1 for all members and included new provisions on the subject in the Actuarial Profession Standards for life and pensions2.
The University of Leicester recently hosted this years Actuarial Teachers and Researchers Conference. The conference was characterised by a broad range of topics and lively audience participation
Last year, Council identified the growing importance of longevity risk to many financial entities and the increased number of providers of demographic experience analysis. In May 2012, a working group was set up to make recommendations on how the Institute and Faculty of Actuaries should respond to the challenges and opportunities in this area.