General Insurance Article - IFoA welcome FRC research on perception of actuarial quality

 Derek Cribb, Chief Executive of the IFoA, comments, 

 “The IFoA welcomes the research published by the FRC showing that 96% of respondents are confident in the integrity of the actuarial profession. While the results are pleasing, we must not be complacent and rest on our laurels.
 
 “As the research highlights, there are a number of challenges that actuaries need to rise to in the years ahead. The actuarial skill set is diverse, actuaries are well placed not only to respond to those challenges in existing areas but to take their well respected skills and ethics into wider areas of business.
 
 “Understanding how businesses operate is vital for those with an IFoA qualification. What really sets our members apart is their ability to be effective in applying this understanding and communicating solutions to often complex issues.”