Council’s fourth meeting of the sessional year took place by videoconference on Thursday 17 June. This meeting was a chance for us to look back at the past year and forward to the next.
From 2021, Annals of Actuarial Science (AAS), the research journal owned by the IFoA and published by Cambridge University Press, has expanded to three issues per year. This increase aims to facilitate the publication of annual special issues that will focus on a key theme.
The IFoA Review Team has launched the Funeral Trusts thematic review. This will consider the advice given by actuaries to pre-paid funeral plan trusts, looking at their role in valuation and other areas, including pricing.
Last month the IFoA Foundation began planning the launch of a new scholarship fund in memory of dear friend and colleague Mahidhara Davangere, who passed away suddenly in May. While we are deeply saddened by this great loss to our community, we are pleased to launch this initiative, continuing Mahidhara’s legacy as a passionate and philanthropic actuary. The fund will initially support the most promising student actuaries in India, and over time will broaden to other countries in South Asia and help working actuaries to have more sustainable careers.
With the turn of the IFoA’s sessional year – and a new president and Council installed – comes the opportunity to take a fresh look at our future. Much has changed since the onset of COVID-19, but one thing is certain: we won’t see the pre-2019 world again, and the only way is forward.
The IFoA has responded to a consultation from the UK’s Department of Business, Energy and Industrial Strategy on the future of actuarial regulation. Ben Kemp and Andrew Rear explain why this is an important opportunity to have our say and influence the future of the profession
