In December 2023, Council voted for a reform package that seeks to simplify governance and sharpen lines of accountability significantly.
This has resulted in Council approving a new structure which will see the formation of the IFoA Board with the right experience and an appropriate mix of independent non-executives and non-independent (IFoA member) non-executives.
At the same time, Council, as the democratic embodiment of the membership, will focus on the vision of the organisation and the future of the actuarial profession. To read more about these changes and the revised reform package, visit actuaries.org.uk/governance.
The IFoA Council approved a Council Working Group to discuss and engage with members on the future of the Council. This is part of an effort by the current Council to make sure that the profession both represents its members as well as possible and serves the public interest in furthering the application of actuarial expertise.
Following feedback received in the most recent survey and round of webinars, the Council Working Group has provided a call for views which looks at the key themes that require input.
Call for views on the future of Council (PDF, 560 KB)
These have been identified as:
Council will consider all views regarding its future operation and, where changes to the Byelaws would be needed, these recommendations will be put to the membership for discussion and approval.
You can respond by completing the Future of Council survey
The deadline for responses is 17 May 2024.
There will also be a number of webinars to discuss the consultation as well as an in-person event at Staple Inn Hall. You can sign up for these using the links below:
If you have any queries please contact governance@actuaries.org.uk