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ACA
Members of the Association of Consulting Actuaries (ACA) are all professionally qualified actuaries working in the consulting sector who advise individuals and corporate clients on a wide range of issues. All actuarial advice given by Members is subject to the Actuarial profession's code of conduct.
As well as the design of pension schemes, consulting actuaries in many firms are now involved in investment, takeovers and mergers, benefits communication, international employee benefit, life or general insurance, healthcare, corporate finance and risk issues, damages, reversions and advice on financial settlements on divorce.
The consulting sector of the actuarial profession has experienced rapid growth in recent years, reflecting a wider recognition of the skills and expertise available. The Association is now the largest national grouping of consulting actuaries in Europe with over 1300 Members drawn from over 80 firms.
Role of the Association
The Association has a number of aims and objectives, the principal ones being to:
• project and promote the importance of the work done and services provided by consulting actuaries.
• inform and educate, from an independent standpoint, decision makers and other interested parties about the need for and implications of legislative change in areas where consulting actuaries are qualified to speak.
• provide a forum and facilitate the exchange of information between ACA Members on matters which concern them, or those to whom Members owe a professional duty as consulting actuaries.
• Exchange collective views and information with other organisations having interests in the same fields as the ACA.
• Working in liaison with the Faculty and Institute of Actuaries to develop the role and enhance the standing of the consulting actuary.
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