IFoA: King's Speech fails to provide timetable for reform of actuarial regulation

Professional body says ongoing lack of regulatory clarity undermines the profession

Jonathan Stapleton
clock • 2 min read
Staple Inn, the last surviving Inn of Chancery, is the London home of the Institute and Faculty of Actuaries. Photo: Edwardx via Wikimedia Commons CC BY-SA 4.0
Image:

Staple Inn, the last surviving Inn of Chancery, is the London home of the Institute and Faculty of Actuaries. Photo: Edwardx via Wikimedia Commons CC BY-SA 4.0

The King’s Speech has failed to provide a timetable for reforms of actuarial regulation – leaving the industry to work in a “grey area of oversight”, the Institute and Faculty of Actuaries (IFoA) says.

Commenting on the King's Speech at the State Opening of Parliament today (7 November), IFoA president Kalpana Shah expressed her disappointment. She said: "Five years on from Sir John Kingman's ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Government to introduce further LTA abolition regulations

Government to introduce further LTA abolition regulations

HMRC says further regulations will be introduced when ‘parliamentary time allows’

Martin Richmond
clock 17 September 2024 • 3 min read
ACA cautions chancellor on pension tax changes ahead of pensions review

ACA cautions chancellor on pension tax changes ahead of pensions review

Pensions review the ‘obvious opportunity’ to look at changes as part of holistic approach

Jonathan Stapleton
clock 12 September 2024 • 1 min read
Budget Responsibility Bill receives Royal Assent

Budget Responsibility Bill receives Royal Assent

Treasury says the bill aims to 'fix the foundations of the economy'

Linus Uhlig
clock 11 September 2024 • 1 min read
Trustpilot