The actuarial profession should be overseen by the Financial Reporting Council (FRC), a review has concluded.
A government report commissioned to look at the profession in the wake of the Equitable Life scandal has concluded that a new board should be set up within the FRC to oversee the regulatory activities of actuarial professional bodies.
Sir Derek Morris, who wrote the report, had concluded in his interim report that the profession was too introspective and that its professional standards were weak.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice