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05

Calling all actuaries in the UK public sector

Open-access content Wednesday 7th May 2014 — updated 9.20pm, Thursday 2nd April 2020

The Forum for Public Actuaries is an informal London-based discussion group. Both student and qualified actuaries in the public sector are welcome to attend - free of charge. 

Meetings are held on topics of specific interest to actuaries who work in, or alongside, government. They deliver CPD relevant to the sector, along with networking opportunities.

The Forum was set up by Bill Rayner of the Government Actuary's Department (GAD), founding chair for the first two years, and Martin Clarke of the Pensions Protection Fund (PPF), who has taken over as chair for a two-year term.

With attendances averaging around 75 - drawn from the Financial Conduct Authority, the Financial Reporting Council, GAD, National Employment Savings Trust (NEST), PPF, Prudential Regulation Authority and the Pensions Regulator - the Forum's informality has prompted active participation, irrespective of experience. Topics have covered all actuarial disciplines, and include:

• Approaches across the public sector to setting assumptions on mortality and longevity improvement

• Techniques for identifying, quantifying and mitigating risk

• Presentations by regulators and NEST, summarising respective perspectives on managing, and meeting, consumer expectations from investment products

• An interactive session with the minister for pensions, Steve Webb 

• The theory and practice of valuing liabilities for Solvency II and the Institutions for Occupational Retirement Provisions (IORP) II

• Possible consequences of environmental and systemic limitations to long-term economic growth.

If you are not already on the forum's mailing-list, or are interested in making a presentation, please contact Lucy Currie [email protected]

This article appeared in our May 2014 issue of The Actuary.
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