Northern Actuary

Model(ING risk) in the north of the country. Views my own. Likes: Actuarying, brains, cats, cheese and certain types of risk.

[Northern Actuary @NorthernActuary]

After initially being mistaken for an accountant #everytime the best explanation I've given on what I do was to a food H&S man I met on the train. Told him I was like the health and safety of pensions. He said I must be popular at parties... #ofcourseIam #IAmAnActuary

[stuart mcdonald @ActuaryByDay]

Ten year progression of actual and forecast (2048) distribution of deaths in England and Wales. Actual moves slowly to the right as life expectancy gradually increases. Forecast moves more rapidly to the left as actuaries became less optimistic about the pace of improvement.

[Andy Thomson @tdcDBschemes]

45% of medium sized schemes (between 100 and 1000 members) are closed to future accrual. Surprised its only 45%!

[ProfessionalPensions @ProfPensions]

Recruitment agency ordered to pay £280,000: largest fine and first custodial sentences following TPR prosecution

https://t.co/baOptOinK7

[Philosophy Matters @PhilosophyMttrs]

Today’s Logic Lesson : Correlation v. Causation

[Northern Actuary @NorthernActuary]

Great summary article on the "big picture" problems facing uk pensions today. #pensions did not escape unscathed in a world where so much #FakeNews exists and scammers are so talented. But how to fix this?

[Josephine Cumbo @JosephineCumbo]

My thoughts on why trust is the biggest deficit in #pensions https://t.co/l5I8GmFG2b via @financialtimes

[Northern Actuary @NorthernActuary]

Places I'd least expect to hear the phrase "This is not a coup"? Definitely pensions. Love it though #nextgen #pensions

[IFoA @actuarynews]

Louise Pryor speaks with @TheActuaryMag about climate risk, models and the future direction of the actuarial role:
https://t.co/Ch4mMwD0Xm

[Northern Actuary @NorthernActuary]

@ActuaryByDay Holy crap that's awesome. Oh! Also, at some point surely there needs to be an actuary meme that is " No Mr Bond, I expect you to die... with probability of 0.795, increasing as an exponential function of time".

[Northern Actuary @NorthernActuary]

There are some excellent villainous names in actuarial science aren't there? Ruin theory for example. Now I just imagine a small neat supervillian glaring upwards at a marvel superhero and going "I'll think you'll find the probabilities are actually in my favour..."

[Northern Actuary @NorthernActuary]

@ActuaryByDay @Daily_Express This is a dailymash/comedy fluff piece so we can have a good giggle and start the day laughing right? Because anything else would be horrendously irresponsible reporting...

[Paul Johnson @PJTheEconomist]

Every time I see this chart I am amazed. ONE in SIX 55-64 year olds owns a second property.

It's the flipside of low ownership rates among the young - they are renting from their parents' generation. The allocation of housing, not just the quantity, matters.

[Northern Actuary @NorthernActuary]

Taking time out from pensions to create a mini jungle as you do... #whenimaginationgowild #pensions #terrarium #minions #despicableplants

[Northern Actuary @NorthernActuary]

Happy #YorkshireDay to all the baby actuaries out there, all those obsessed with plants and cats and anyone sensible enough to live in or appreciate Yorkshire!

[Rachel Vahey @RayVay]

Average flexible pension payt per person Q2 2018 is up, but still below Q2 2017. Suggests more people are making use of pension flexibility but not withdrawing vast amounts. Need finer detail to say whether this trend is worrying or now just part of normal life.

[Northern Actuary @NorthernActuary]

Do unclear definitions of "prudent" or "appropriate" mean the tpr is a toothless guard dog of #DBpensions? https://t.co/0ZT2TwYZVc via @WTW_uk

[Northern Actuary @NorthernActuary]

The study materials for actuarial exams used to be awful.... whoops, I mean challenging!

[Daniel D Skwire @DanSkwire]

Are you complaining about #actuarial exams today? Here’s what study material looked like in 1993. #GetOffMyLawn

[Northern Actuary @NorthernActuary]

Is saying you can't afford a pension like saying you can't afford to be old? Because I'm not sure it works that way #WednesdayWisdom #Pensions

[Northern Actuary @NorthernActuary]

I think what the verve really wanted to sing was "When your data checks don't work, and your changes make it worse, but I know I'll see <1% again". They were just worried popular culture wouldn't accept them for the maths nerds they are... #maths #pensions #babyactuary

[Northern Actuary @NorthernActuary]

Seconded! The very fact that the discussion is happening is good I think... https://t.co/IoWJmJDE72

[Angus Peters @peters_angus]

Cannae wait to read the CMA provisional findings (7am Wednesday morning) - industry seems to think extreme measures (carving up Big 3) are off the table, but could still be a pivotal moment for the pensions industry