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[FAQ last updated Oct. 16, 2008] What are the CE (continuing education) requirements for actuaries who issue Statements of Actuarial Opinion (SAOs) in 2008? To whom do the revised Qualification Standards apply? Under the revised standards, what does the "grandfather" clause for basic education and experience mean for actuaries? Under the revised Qualification Standards, what constitutes a Statement of Actuarial Opinion? Is an opinion that was considered a PSAO under the old standards now considered an SAO? Have the examinati ...
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Introduction   A plan to provide a decision framework for Academy leaders and staff to use in the event of a public relations crisis is currently in effect. For the purposes of this plan crises are limited to circumstances in which the Academy and the profession can expect negative publicity and scrutiny from the media, members, government, and other key audiences.   The plan recognizes that there are numerous factors to consider in managing a crisis. These include the public image of the profession, the impact on the membership, legal and financial regulations and liabilities, political positioning, etc. No crisis will be confined to just one of these areas; every response must c ...