Tag Archives: IFoA

Even the best can be beaten by pensions

I remember my Shoot annual having a feature on great goalies – “even the best can be beaten” was a line I adopted for myself as I stood between the sticks for my school. This picture – from a 1965 … Continue reading

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Is CDC too big a bet on world stock markets?

James Sharpe, who runs his own boutique actuarial business, has made an important challenge to those of us who take the optimistic view that we can link our prospective pensions to the performance of world pension markets. He has presented … Continue reading

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Actuarial statement on LDI – reassurance or fudge?

The Institute and Faculty of Actuaries (IFoA) regulates its members to make sure that there is public confidence in its profession. The IFoA is incorporated by Royal Charter under which it has the role of regulating the actuarial profession, in … Continue reading

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IFOA seek a reverse gear for “the great risk transfer”.

Way back in time, before the pandemic hit, the IFOA launched a campaign to better understand the transfer of risk from institutions to individuals. I was in Staple’s Inn when the events chronicled by this video took place. It is … Continue reading

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What are those actuaries up to now?

“The Great Risk Transfer” baffled the journalists who were conspicuous by their absence at this breakfast meeting. Pension Age reported “IFoA to investigate transferring of risk onto consumers” as if the actuaries were campaigning  for Which? Professional Pensions reported the … Continue reading

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CDC and the actuarial profession

  I am not an actuary, I work with actuaries and I work for an actuarial firm. I stand up for actuaries and I praise them where praise is due. Yesterday saw an attack on the actuarial profession on twitter … Continue reading

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If Tesla did pensions…

Hi!, I’m Oliver Payne and being the good Actuary that I am, I could not write something like this without first stating the caveats. So let me clarify a few things: this should not be considered Actuarial advice, the views … Continue reading

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“Spanish steps” – ideas on pension funding from Jon Spain.

Jon Spain is an eccentric brilliant actuary who has worked for many years worked at the Government Actuary’s department. I am proud he has asked me to provide a précis of his response to Charles Cowling’s Sessional Paper to the Institute … Continue reading

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Actuaries – many ears here to listen!

I am glad that I had a go at the actuarial experts arguing in the FT.  It didn’t change the way  people behaved yesterday – (although several hundred people appear to have spent time reading it) – but  it solicited … Continue reading

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Quality Assurance from First Actuarial

  Sometime you need a job done well, for me it tends to start with water pouring through a light socket after someone left the bath-tap running upstairs! A lot of the time we’re called in to do some financial … Continue reading

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