Discussion in 'General study / exams' started by Null, Jun 7, 2019.

  1. Null

    Null Ton up Member

    I went to a disturbing presentation created by the IFoA with regards to professionalism yesterday.

    I was informed the IFOA was regulated by the FRC. No mention was made that they are not regulated at all but rather overseen in a private capacity with limited remit. It was also not mentioned that the FRC was being closed down due to a government scandal and they’re of ill repute.

    I was then shown several videos attempting to brainwash me into conforming with the IFoA’s questionable ethics and values.

    The videos were about a scheme actuary. In the UK the legal requirement to be an actuary is limited to a handful of roles. These jobs are few and far between. Most people will never have a chance to even apply.

    For a vast majority of actuarial roles, this level of “professionalism” is not required and hinders the development of actuaries to such an extent that data scientists, CFAs and “unqualified” individuals are doing the same roles without this administrative burden.

    There are now 17 exams. What for?
    Last edited: Jun 7, 2019
  2. almost_there

    almost_there Can't stop posting

    That sounds like the video they make people watch once you're qualified.
    Null likes this.
  3. ProudActuary

    ProudActuary Ton up Member

    What video did you watch when you qualified?
  4. almost_there

    almost_there Can't stop posting

    You should know, you say you qualified.
    Lapsed_Student likes this.

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