Re public/private poll: there are usually people who would give a response more easily if it's anonymous. It was just a suggestion. This site is fairly anonymous anyway.
If you agree that actuaries should set exam standards, I'm at a loss on your original suggestion. What is Acted or an independent body going to achieve? I thought you wanted to move away from working actuaries doing exams.
In reality,
I'm pretty sure that there are some non-actuaries who mark (and perhaps assist setting papers) eg academics, but they are experts in the area so not really an issue.
At the end of the day, whichever entity has responsibility, many of the same individuals will be involved because of scarcity of those willing and able to do the job.
I also like the current policy of separating the tuition and exams. If this wasn't so, some people may think (even if it's not true) that teachers might train students for a particular exam, rather than the subject as a whole. This might increase the divide between "passing exams" and "fit for work".
This last point is the real issue. I don't think people will complain (as much) about failing if this was an accurate reflection on their ability to work as an actuary. Problem is that exams only test ability to pass exams.
Last edited by a moderator: Aug 6, 2009