Judgment Day

It's not about watching others, it's about being deprived of the same opportunity due to British nationality, courtesy of IFoA's conduct.

 

Now you're taking separate points and merging them.
1. If the exams are ruining a person's life it's not because Indian students can sit them four times a year. It's because they're not passing them yourself for whatever reason and they should wise up and move on.
2. If somebody is truly disgusted at the conduct of the IFoA and actually thinks the organisation is inherently racists then they should leave it if they have the courage of their convictions and stand on principles.
3. The IFoA legal violation has not had a massive impact on UK students because the Indian guys should not have had their 4 chances a year, rather than it being the case that the UK students should have had four chances a year. The Uk students and Indian students should have two chances, just like everyone else. So UK people weren't disadvantaged, the Indian student were advantaged. There's a difference and people should cut out the hard done by stories and stop exaggerating their suffering caused by knowing that the Indian students have this advantage.

 

I think it's somewhat insulting and unprofessional to be implying that I don't understand the concept of zero.

If somebody is not good enough to pass, then they're not good enough to pass. As an actuary surely you understand the concept of materiality? Zero versus a very small chance are not materially different from one another, particularly in respect of lost revenue calculations from a measly missing notch on a student study package pay scale.

 

Deprived of an opportunity nobody should have been given.

Do you actually believe that the employees of the IFoA are racists? Or did they allow a practice to take place which discriminated on the grounds of nationality without realising the legal discriminatory law implications of it? I must say I find it hard to believe that there has been some sort of secretive conspiracy amongst IFoA employees to only hire racist people, most of them racist against their own race!

 

So this begs the question - what is the point of the IFoA?

 

Jimmy's attempts to reframe and diminish the Court's findings are rather poor. What motivates him to do this?

 

Jimmy you are very inconsistent. Just accept you cannot square this circle. There's no spin that makes that Judgment smell rosy for the IFoA. People aren't stupid.

 

Has anyone read the FT article? Funny how there’s nothing in the Actuary Mag...

 

It says in the FT article that the IFoA can't comment for legal reasons. Seems logical given another hearing is coming up.

I wonder how the panel will determine compensation. More opportunities to sit an exam wouldn't necessarily mean the claimant would have passed the exams in any case.

 

I don't find that respectable. They've been done for discrimination. They should apologise and make amends, not continue to hide behind lawyers. Members shouldn't pay a penny more to cover this up.

 

Financial Times article here:
https://www.ft.com/content/39f325be-8876-11e9-97ea-05ac2431f453

 

What is the “small” new development? That a international newspaper widely read by senior business executives and politicians around the world has picked this case up and will not have a dim view of the IFoA?

 

The IFOA could respond to the Article. If it’s published in the media it can’t be that they aren’t allowed to talk about it. They could make a statement in their Actuary magazine Or on twitter or Facebook.

 

I wonder why they won't say we're sorry and ashamed of this Judgment. We will put right the discriminatory arrangements as a matter of urgency.

 

I keep commenting and my posts keep getting deleted. The post above seems to be begging for an answer...

 

IFoA clearly believe heavily in their own spin. When will any actuaries from their farcical Council finally have the courage to call bs on this and make some big changes.

 

I don't find their university exemption program fair too. I wonder seeing the number of universities on IFOA's website that why I spent years writing exams from IFoA when I could do masters and get exemptions.

US's Actuarial society (SOA) does not give exemptions through any of the university programs. If IFOA will keep adding universities like this, I fear losing importance in the global market.

 

What changes do you actually want?

 

I would also like to point out the discrimination case involving the bakery in Northern Ireland - multiple courts found that their behavior mounted to discrimination - yet the owners of the bakery continued to appeal it, as was their right, and they were vindicated when the highest court in the UK found that they did not discriminate. What is stopping the IFoA from appealing the decision for instance?

 

Ace123, members should oppose any more money spent on this by IFoA at the Courts. They had every opportunity to sort this out for many years. They should sort out their arrangements and put an end to unfairness and discrimination. Every man and his dog know this situation stinks.