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PrioritiesPriorities

Waterloo Actuaries Club

Bob Howard2010 May 4

Waterloo Actuaries Club

Bob Howard2010 May 4

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What is important to the CIA

• International Actuarial Standards• Canadian retirement system• Effectiveness of volunteers• Continuing education• ERM/CERA• Solvency • FEM

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International Actuarial Standards

• IASB

• Accountants’ principles

• Divide and conquer

• Essential for credibility

• IAA cannot do it

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Canadian Retirement System

• Financial crisis

• Openness to change

• Lots of ideas

• Public statements

• Actuarial proposal

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Effectiveness of Volunteers

• Volunteer led

• Shortage

• Secretariat

• Training

• New volunteers

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Continuing Education

• Employers tell us…

• Delivery– Webcasts

– Seminars

• Content

• Presentation

• Waterloo Actuaries Club

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ERM/CERA

• Actuarial role?

• Marketing

• Award signatory

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Solvency

• MCCSR

• Solvency II

• Canadian solution

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FEM

• No decrease in quality!

• A work in progress

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Questions / Comments