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

TPR formally extends its oversight to professional trustee firms

TPR formally extends its oversight to professional trustee firms

Watchdog says move will help identify and mitigate any risks to pension savers

Martin Richmond
clock 02 April 2025 • 2 min read
FCA thinking on using pension pots for house deposits 'a welcome development'

FCA thinking on using pension pots for house deposits 'a welcome development'

Regulator ponders the merits of radical thinking on pension savings

Jonathan Stapleton
clock 01 April 2025 • 4 min read
Robin Ellison – Regulators in the firing line

Robin Ellison – Regulators in the firing line

PP’s regular columnist says the political forces are changing when it comes to regulation

Robin Ellison
clock 24 March 2025 • 11 min read
Trustpilot