I want you to really think about this: two life offices write exactly the same type of business in the same geographies, to the same target market, with the same sales channels, operating for the same length of time, with the same product features.
The earlier responses to Marjorie Ngwenyas April article on the need to explore the implications of increased longevity (Antony Ratcliff, June, and Roy Colbran, July) both support the legalisation of assisted suicide (AS) as a partial solution.
Roy Colbran in The Actuary, July responds to Tony Ratcliffs challenge for the profession to think about assisted suicide, making the case in favour on the basis of personal autonomy and also as a cost-saving measure.
For over a decade, the Financial Reporting Council (FRC) has provided regulatory oversight of the IFoA in the UK, through our mutual agreement following the Morris Settlement.
I envisage my role of president as facilitating the creation of an environment where members and staff of the IFoA can all work together with a single focus to secure the future of our profession.
