What does every British student have a claim for? The "discrimination" you refer to, from what I can tell, is that joint IAI and IFoA students could have 4 sittings per year whereas IFoA had 2 sittings and IFoA students weren't able to join IAI. Is that an accurate summary or are there other things at play?
If it was a conspiracy to intentionally discriminate in a meaningful way against a group of students then I would totally support some of the action being called for in this thread.
For reasons I've outlined previously in response to almost there I don't think the case is as significant as you are making it out to be. It appears as if some changes will need to be made to processes. Though I could be wrong, perhaps there will be an influx of UK students joining the IAI and sitting 4 exam cycles per year - I hope they think all that sacrifice is worth it. I'd much rather take my time to qualify as a Fellow and have a life than have this scattergun 4 sittings a year approach.
Have I read anything which requires widescale resignations on a mass scale? Not at all.
I've finished the exams now so won't be studying for the rest of my life. I guess time will tell if general opinion is that exams are "unnecessary". It seems to me that the actuarial exams are still held in very high regard with actuaries in high demand. If UK companies suddenly stop putting students through the IFoA exams or if Fellows start suddenly transferring to other bodies then I guess that would prove you're right.Study for the rest of your life if you want, but others don’t need to be put through unnecessary exams by a racist qualifications body
I've finished the exams now so won't be studying for the rest of my life. I guess time will tell if general opinion is that exams are "unnecessary". It seems to me that the actuarial exams are still held in very high regard with actuaries in high demand. If UK companies suddenly stop putting students through the IFoA exams or if Fellows start suddenly transferring to other bodies then I guess that would prove you're right.
Personally, I think a change will be made to the arrangement to the IAI, this loophole will be closed and things will continue as they have done, with the IFoA qualification seen as a "gold standard" qualification which you have previously referred to it as.
The claimant in the case has obviously shown a lot of grit and determination to get the case all the way through the courts so well done to him.
I've finished the exams now so won't be studying for the rest of my life. I guess time will tell if general opinion is that exams are "unnecessary". It seems to me that the actuarial exams are still held in very high regard with actuaries in high demand. If UK companies suddenly stop putting students through the IFoA exams or if Fellows start suddenly transferring to other bodies then I guess that would prove you're right.
Personally, I think a change will be made to the arrangement to the IAI, this loophole will be closed and things will continue as they have done, with the IFoA qualification seen as a "gold standard" qualification which you have previously referred to it as.
The claimant in the case has obviously shown a lot of grit and determination to get the case all the way through the courts so well done to him.
Great - glad to see the IFoA have made a change to close this loophole. What action did they take?The change was already made while my claim was running to try to cover up their discriminatory actions.
just found the full hearing - agree things should be put right. Doesn't sound like compensation has been set yet. When it does, can all claim? Comments here are interesting:
https://www.quora.com/What-is-best-between-IAI-and-IFoA
Would love to see some stats covering pass/fails of those who are sitting exam twice in a session. Doubt data protection laws allow this but if anyone would like to volunteer some?????
Unless you are the claimant you actually can't answer that question.
For instance I would hazard a guess that the majority of people would prefer to be fully qualified now - and no judgement found in their favour, than to have the judgement and still have exams left.
Again I see you ducked the question about compensation, you also ducked the comment about being an ageist - quite similar to the time you were called out for being sexist - your very good at ducking those questions, but picking up on little things that others say.
Also the link that another poster put up is very interesting....
"The exam paper of IAI is very difficult as compared to IFoA as IAI has no fixed pattern for the exams..."
You could understand why an Indian may wish to sit the IFoA exams, but there is no real logic of a British student wanting to sit the IAI exams, other than wanting to sit extra exams in any given year. But if over the last 8/9 years the claimant hasn't qualified having 2 exams a year, I don't honestly think having the opportunity of 4 is going to help, especially if the exam are very difficult in comparison... not forgetting the additional costs.
I can’t continue the exams as I am psychologically scarred from my experience with the IFOA. I’m struggling to take any further exam or even read a book. I’ve taken so many exams I’m absolutely sick of it. I had three exams left and now they want me to take 6 because of their ridiculous exam change and they expect me to study the same rubbish which I have passed all over again. I will not be doing that.
My life and career has been ruined by the IFOA and I’m glad that I finally have the UK court on my side to demonstrate that the IFOA have been doing wrong. It is now just a matter of time until there are some big changes. A self regulating racist monopoly.... things are about to change.
I don't know enough about Mutual Recognition to comment on the validity of your concerns regarding the alleged devaluing of the qualification through mutual recognition. I note that the tribunal case also recognised that the claimant wasn't in a position to accurately assess the fairness of mutual recognition either. If anything, I think it's quite attractive that if I moved to a different country my FFA status would be recognised.
Put this ordeal behind you and enjoy your life.
Maybe it's better for your mental health to take a step back instead of allowing yourself get wound up by posters on here.
It wasn't obvious to me why you felt like a second class citizen which is why I asked the question.
We must wonder who some of those posters are. They're keen to attack the victim of racial discrimination, no criticism of IFoA except trying to trivialise the matter in an attempt to excuse them. In the end, their views are irrelevant. The Court has made its decision & none of them turned up to that hearing.
In the end, their views are irrelevant.
Just because you disagree with someone's views it doesn't make them irrelevant. Everyone is entitled to express an opinion.
As for my "position of ignorance", the following link https://www.actuaries.org.uk/membership/mutual-recognition appears to set out the requirements to transfer across from a number of exam bodies. It appears that people need to be Fellows in their own country, with UK work and be signed off by a UK Fellow before being allowed to transfer. Seems reasonable to me.