A challenge to conventional perspective of Demographics

Highlights from his book “Demographics Unravelled” 

An interdisciplinary perspective

Impact on Growth, Debts, Capital Flows and Inflation

Asset Pricing and Asset Allocation

Macro Systemic Risk modelling and the Future

Qualitative aspects— Gender Equality, Health, and SDGs. 

Speaker: Amlan Roy, Research Associate, Systemic Risk Centre and Senior Research Associate, Financial Markets Group at The London School of Economics and Political Science (LSE)

Chair: Kalpana Shah, Incoming President-elect

"Permacrisis. noun. ‘an extended period of instability and insecurity, especially one resulting from a series of catastrophic events’. 

The Collins Dictionary 2022 Word of the Year perfectly captures the multiple crises of the last few years, from the war in Ukraine, significant global economic and political turmoil, and the resulting cost-of-living crisis to increasingly regular extreme weather events and growing social inequality, to name but a few. This panel will bring together experts from different fields to give their views on the many threats facing society and how the profession is rising to the challenge to tackle the numerous issues at hand. How can actuaries continue to step up and steer their organisations through these choppy waters? What are the threats and opportunities facing the profession in doing so? And is it all doom and gloom or is there light at the end of the tunnel? 

Speakers: Greg Thwaites, Research Director at the Resolution Foundation; Baroness Camilla Cavendish, former Head of the No 10 Policy Unit."

As an international, multicultural membership organisation with more than 32,000 members in over 110 countries, the IFoA recognises, values and embraces the benefits of diversity, equity and inclusion. Through its DEI strategy published in 2022, the IFoA aims to champion and embody the benefits of a globally diverse and inclusive profession for all – and encourage members to think about these issues in both their work and their workplace. This plenary will bring together experts from across the industry to give updates on initiatives spanning the DEI agenda, from encouraging social mobility across the financial services sector to improved understanding of access and inclusion requirements for disabled and vulnerable consumers. The session will also provide attendees with updates on the IFoA’s progress on implementing the DEI strategy since its publication. 

Speakers: Peter Hamilton, government disability and access ambassador for the insurance sector; Maz Bown, Aviva; Vincent Keaveny, Progress Together; Stephen Mann, CEO of the IFoA; Sue Lewis, Chair, Consumer Advisory Board and Lay Member of IFoA Regulatory Board

Supporting savers to ensure they can retire in comfort with an adequate pension has been a long-standing priority for the IFoA and its members. Automatic enrolment (AE) has brought millions of people into pension saving, but are policymakers resting on their laurels and becoming complacent about its impact on savings levels? Do we need an injection of fresh ideas to build on the successes of AE to ensure savings rates keep up with expectations? Will the savers of today have enough for the retirement of tomorrow? Who is being left behind? What more can be done to support higher levels of saving and engagement with pensions? Hear from our panel of industry experts on how we can build a new consensus on pensions adequacy and ensure all can retire in dignity. 

Speakers: Chris Curry, Director, Pensions Policy Institute and Principal of the Pensions Dashboard Programme; Hetty Hughes, Manager, Long Term Savings Policy, ABI; Heidi Karjalainen, Research Economist, Institute for Fiscal Studies; Leah Evans, Associate Partner and Head of Pensions Risk Transfer, EY Parthenon Pensions Team; Rt Hon Sir Stephen Timms MP, Chair – Work and Pensions Select Committee

"Ever wondered how actuaries are influencing the world, right this minute? In this panel we will host panellists from various ‘non-traditional’ areas, for example medicine, manufacturing, technology, private equity, etc. The panellists will share their unique contributions as actuaries to these areas and provide insights into the role of actuaries in the wider world in the future. 

Speakers: Sian Walker, Shereen Abdelhady, and Ruth Bryson EY; Gareth Mee, Legal & General Capital; John Seymour, Hannover Re UK"

Introducing the concept of Earth Jenga – a twist on Jenga in which we change the rules by painting the blocks blue and green to represent our natural resources. As we extract them to put on the top of the tower, they become yellow, representing our extractive economy. The trick is to keep the tower stable while building the economy. This talk covers how to do that and looks at opportunities for actuaries as we move into the sustainability era. 

Speaker: Sandy Trust, M&G plc; Vian Sharif, NatureAlpha

It is widely thought that Indian’s code on social security , 2020’ will soon be notified. This introduces some significant expansion to the retirement and other social security benefits to the working population, especially for unorganised and gig/platform workers. There are extensive actuarial, financing design, and administrative considerations in the social security programmes in India.

Speakers: Kulin Patel, K.A Pandit and Jayesh Pandit, K.A

Speaker: Akshay Dhand, Canara HSBC Life