IFoA launches consultation on enhanced system to promote the quality of actuarial work
News types: Generic Announcement
Published: 29 June 2018
Responding to the Institute and Faculty of Actuaries' (IFoA) consultation, Stephen Haddrill, the Financial Reporting Council’s Chief Executive, said:
“We welcome the IFoA’s proposal to test the quality of its members’ work. Evidence of good quality will engender public trust in the actuarial profession whilst reports of good working practices will support continuous improvement in the public interest.
“We hope actuaries and other stakeholders will respond to the IFoA’s public consultation and play their part in shaping a system that is proportionate, modern and effective.”