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The Actuary The magazine of the Institute & Faculty of Actuaries

November news in brief 


Missed the deadline for membership renewals? 

We would like to thank all IFoA members who renewed their subscription before the 31 October deadline. These members have taken full advantage of this year’s reduced or frozen subscription fees.

If you have not yet paid your subscription fee, you will now be subject to a 10% late payment fee.

You can still renew quickly and simply online by logging in to the My Account area of the IFoA website (bit.ly/IFoAlogin) and going to the My Payments section.

If you have any questions about your membership subscription, please email us at: [email protected] or call us on: +44(0)131 240 1325.

The role of the CPD Co-ordinator – updated guide 

Organisations that employ IFoA members are encouraged by the IFoA to appoint a CPD Co-ordinator. This is an IFoA recommendation.

Co-ordinators play a key role in the effective engagement between organisations that employ our members and the IFoA. This guide, which is given to each CPD Co-ordinator, has been updated, and includes case studies from nine CPD Co-ordinators. The new guide can be viewed at: bit.ly/2lHHRvR 

The IFoA maintains a database of all CPD Co-ordinators.  The database is growing, and not all organisations are represented as yet. If you would like to check if your organisation is represented, or to volunteer to act as a CPD Co-ordinator for your organisation, please contact head of engagement [email protected]

Prevention is better than cure

Meeting the needs of an ageing population poses some big challenges. Improvements in life expectancy are slowing, but overall people are still living longer than previous generations – and they are spending more of those later years with health needs. The UK government has been consulting on preventative health in the 2020s, focusing on the role that technology and data can play, and the IFoA recently submitted its response. IFoA immediate past president Jules Constantinou explains why finding ways to keep people in good health for longer must be a priority – read the article on p11.