Merger consultation survey and in-principle vote

The Councils of the Faculty and the Institute agreed, on 12 February 2008, for the benefit of the whole UK Profession to recommend a merger of the two bodies. The consultation process started and a series of meetings has been arranged.

At the meeting of the Councils of the Faculty and the Institute in May, both Councils agreed to undertake their own concurrent consultation exercises about the proposed merger with their respective members.

Faculty Council has decided to carry out a consultation survey of its fellows, associates and students, partly in light of the discussions and outcome of the Faculty Special General Meeting on 16 April in Edinburgh. The consultation survey replaces the in-principle vote of Faculty fellows, associates and students.

Institute Council has decided to carry out an in-principle vote on merger options for its fellows, associates and students. The consultation survey and the in-principle vote were due to be launched on 23 June. Both will run for six weeks. The results will be shared with members later in August.

For more information, please visit www.actuaries.org.uk/members/merger_discussion