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10

IFoA: Statement to members on Referendum

Open-access content Wednesday 1st October 2014

The Institute and Faculty of Actuaries (IFoA) has played an active role in informing the Scottish Independence Referendum debate. 

The Scottish Independence Referendum was a momentous occasion in the history of Scotland and the UK. The Scottish electorate has spoken and, while independence was not the outcome, there is clearly an appetite for constitutional change. 

The IFoA will continue to play its part in informing that debate in areas where actuaries provide expertise, such as insurance, pensions and risk management, both in a regulatory capacity and regarding the implications for the future growth of the financial services sector.

As a not-for-profit royal chartered professional body, the IFoA has a duty to serve the public interest. In this capacity, the IFoA will continue to work with the governments in both Edinburgh and London.

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