On 25 January 2022, the Adjudication Panel considered an allegation of misconduct against Mr Robert Henry Johnson FIA (the respondent). The allegation relates to acting as chief actuary to Company A without holding the relevant Practising Certificate from December 2019 to June 2021.
This month, all voting IFoA members will receive an email to our online ballot for a revised Disciplinary Scheme. The proposed new scheme is intended to be clearer and easier to follow, enabling members involved to readily understand their obligations and the options available to them. Several new measures have been proposed, allowing greater flexibility in how conduct issues are addressed without compromising the integrity of the process. These include: A shorter and clearer definition of misconduct A filter process so that complaints without substance will not need a full investigation T
The IFoA has published the third bulletin in its series on inclusive insurance (bit.ly/3w0370P). Given the cost of living crisis, much of this edition focuses on insurance’s poverty premium – whereby those who are less well-off end up paying more for essential products and services than those who are better-off.
In April’s edition of The Actuary, IFoA CEO Stephen Mann outlined some of the actions the IFoA had taken to implement its ambitious and far-reaching Diversity, Equity and Inclusion (DEI) strategy (bit.ly/DEI_Change_for_better).