In June, Council voted for changes designed to strengthen and modernise the IFoA’s governance. Following the announcement of these reforms, we received written objections from 194 members which, under the terms of our constitution, required formal consideration by Council.
Council met twice in early September and decided to pause its consideration of the objections until the newly elected Council members could be fully briefed and further engagement could be undertaken with the wider membership.
We are therefore pleased to share with you a number of opportunities over the next 6 weeks for members to learn more about the governance reforms and share your feedback.
We will be hosting 3 webinars where members of the Presidential team and the Interim CEO will be sharing why we need governance reform, what the changes Council passed are, and what the next steps will be. Crucially the webinars will have an open Q&A session where members can ask questions and share their views on the reforms.
Each webinar will provide the same information, so you only need to attend one to participate. The webinars will take place on the dates below and you can follow the links to register:
In addition, Council held sessions at the GIRO (1 to 3 November) and Life (22 to 24 November) conferences as well as gave the opportunity to directly discuss the reforms with the Presidential team and Council members in the exhibition area.
We are aware that those who wish to give their feedback may not be able to attend any of the above events or may be more comfortable putting their views forward in writing. Members are therefore encouraged to send their views to governance@actuaries.org.uk. All submissions will be shared with Council members ahead of their deliberations on the objections.
Throughout the forthcoming weeks we will be posting more information and resources on the governance section of the website. We would encourage all members to monitor our social media channels for further information and opportunities to engage.
We remain committed to listening to members views on our governance reforms and to ensuring that Council has all the information it needs to make an informed consideration of the objections in December.