Wednesday, May 26, 2010

Faculty & Institute to merge

Passed. Not really surprising news; it has been on the cards for a long time and I suppose it is on balance a good thing. However, as a dyed in the wool Scot I am disappointed that (unless events move glacially) I will never be a member of a uniquely Scottish actuarial body.

Mention should be made of Patrick Lee who did much to scrutinise the detail of proposals and to ensure that the new body would operate under a set of rules that would allow effective governance but still allow the membership to retain effective control.

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