I am often asked, ‘What is the point of the IFoA?’ I usually reply that our role is to enable our members and future members to have professionally and personally rewarding careers and to feel part of a professional community that is making a difference.
The first pillar of the IFoA’s current strategy is to reposition the profession. In simple terms, this means moving away from the stereotypical view that actuaries are largely analytical individuals and instead recognising the breadth of skills and talents they are able to offer in new domains and industries. Put another way, we want to ensure that the skills and abilities that actuaries already bring to our traditional areas of work are utilised in wider fields
Our last issue featured a letter from Peter Shellswell, who wrote in to share his concerns over certain aspects of the IFoA’s disciplinary process (‘A right to move on’, October 2022). Here, the IFoA responds.
While I enjoyed each article individually, together the four ‘risk’ articles in the August 2022 issue of The Actuary, plus the risk management board piece, really disturbed me. It wasn’t the articles themselves, but the overall perception that they gave together
For a long time, I have been uncomfortable with the public naming of individuals who are subject to the IFoA disciplinary process, both in the listings of upcoming hearings and in the publication of determinations from the Adjudication and Determinations