Estimating the financial impact of “Assessment Regulation” suspensions on actuarial students: more severe than disciplinary penalties?

IFoA (Institute and Faculty of Actuaries) students who have been accused by the IFoA of plagiarism or collusion have in some cases had bans/suspensions from taking the exams imposed on them. In cases of plagiarism, suspension periods of six months have been mentioned. For collusion bans of up to 2 years have been mentioned. (Unfortunately

My candid thoughts on the response I received from IFoA Disciplinary Board

It is now time to share my candid thoughts on receiving the Disciplinary Board’s response to my letter of 25 February. For ease of reference I show my letter below in full, with the Board’s response put below each of the 10 concerns I raised (in sections starting “Board’s”, in blue and enclosed within brackets),

Response received from IFoA Disciplinary Board

I received the Disciplinary Board’s response yesterday to my letter of 25 February. Their response is at: but for ease of reference I reproduce my letter below in full, with the Board’s response put below each of the 10 concerns I raised (in sections starting “Board’s”, in blue and enclosed within brackets):

Acknowledgement from IFoA Presidential Team

Further to my email to the IFoA Council on 25 February (actually sent in the early hours of 26 Feb, https://improveifoa.wordpress.com/2021/02/26/email-to-ifoa-council-25-feb-2021/), I received an acknowledgement this morning, as follows: Dear Patrick I refer to your email below to [name of Corporate Secretary]. I believe that you have already received a separate acknowledgement of your email

Acknowledgment received from Disciplinary Board

Further to https://improveifoa.wordpress.com/2021/02/25/letter-to-disciplinary-board-25-feb-2021-with-concerns/ I received the following from the Secretary to the Disciplinary Board yesterday: Re: Letter to IFoA Disciplinary Board 25 Feb 2021 with concerns Dear Mr Lee I acknowledge receipt of your email below. I confirm that I have passed your email on to the Chair of the Disciplinary Board. The Chair would

Email to IFoA Council 25 Feb 2021

Public and non confidential Dear IFoA Council members Please find below for information a copy of a letter sent earlier today to the IFoA’s Disciplinary Board.  I would like to draw Council members’ attention in particular to concerns 1, 3 and 9 which in my opinion seriously undermine the IFoA’s Member Value Proposition.  In my

Letter to Disciplinary Board 25 Feb 2021 with concerns

Public and non confidential Dear Institute and Faculty of Actuaries (IFoA) Disciplinary Board I am writing in a personal capacity to inform you of some significant concerns I have about the recent operation of the Disciplinary Scheme. I will be grateful to receive an acknowledgement that you have received this letter please. Disclosure and Introduction