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Address by the President of the Faculty of Actuaries. Respecting the Past, Creating the Future

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  • Ritchie, John Stewart Russell

Abstract

This Presidential Address is delivered towards the end of the 150th anniversary year of the Faculty of Actuaries, and is timed to coincide with the International Actuarial Association and Groupe Consultatif holding meetings in Edinburgh. It deals with the growing globalisation of the Profession, reviews the key developments arising out of the Morris Review and the implications of current changes. It then moves on to examine communication and the role the Profession can play with the media. A comparison between actuarial practice in life and pensions follows, with suggestions for a closer alignment between pension expectation and pension reality. Comment is made about the prospects for healthy life expectancy. Finally, the relationship between the Faculty and the Institute of Actuaries is debated, and a consultation with Faculty members is launched.

Suggested Citation

  • Ritchie, John Stewart Russell, 2007. "Address by the President of the Faculty of Actuaries. Respecting the Past, Creating the Future," British Actuarial Journal, Cambridge University Press, vol. 13(1), pages 23-40, March.
    • Handle: RePEc:cup:bracjl:v:13:y:2007:i:01:p:23-40_00
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