Actuaries and Investment

1
Actuaries and Investment

• Paul Thornton
• President, Institute of ActuariesInvestment
  Conference
• 26 June 2000

2
Vision and Values

• Actuaries in 2020 will work in a much wider
  range of businesses than at present. The
  actuarial training will be highly attractive as
  the basis for a career in finance with its
  distinctive emphasis on questions of financial
  and other uncertainty. The profession will be
  known for its objective and responsible views on
  current issues.

3
Achieving the Vision

• Actuaries need a better understanding of
  investment
• We need more involvement from investment
  professionals
• We need to devote more resources to the
  investment area
• Life and Pensions Actuaries need exposure to
  investment ideas and research

4
Planned Strategy

• Education Strategy Review
• more emphasis on investment
• generalised liability subject
• Affiliate Membership available
• AIMR / IIMR/ UKSIP
• INQUIRE
• ???

5
Planned Strategies

• Honorary Fellowship
• ideas?
• Restructuring of the Wider Fields Board
• Finance and Investment Board
• Investment / Corporate Finance / Banking
• Social Policy Board

6
Role of the Investment Conference

• Aim to attract Life and Pensions Actuaries?
• Involve Non Actuaries

7
What can you do?

• Bring in Affiliate Members
• Suggest Honorary Fellows
• Volunteer for Committees
• Listen to David Kingston!

8
Actuaries and Investment

• Paul Thornton
• President, Institute of ActuariesInvestment
  Conference
• 26 June 2000