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Synopsis
These are troubled times. Our present political, socio-economic and financial systems are failing us. This wide-ranging, non-technical paper examines why, and examines the present role and efficacy of the Actuarial Profession against this backdrop.
The paper has two interwoven narratives. The first is a critique of the wider socio-economic situation and the role of the Financial Services industry in the aftermath of the latest financial crisis and in the context of the challenges that lie ahead. The second is a critique of the Profession’s present vision, strategy and efficacy in the context of those changes, and an examination of what the Profession could be doing to improve its profile, better support its public interest obligations, expand its influence and, more pertinently, better align itself with the direction of progress. --from publisher description.
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On the Role of the Actuary in a Changing World
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