April 10, 2016 - 1:00 - 5:00 PM
Marriott Wardman Park Hotel
Code of Professional Conduct, ASOPs, Qualification Standards, EA Regulations - pension actuaries are surrounded by professionalism criteria. How can we be sure that we are meeting all of these requirements? How does our Code and Professional Standards benefit us and our clients? Are our Code and Standards serving their purpose? What can I and/or my employer do to mitigate exposure? What should we do if we make a mistake? What should I do if I know of a breach of the Code or Standards? What happens to actuaries who breach the Code or Standards?
Many actuaries believe they have the answer when faced with a myriad of ethical issues involving their own actions or the actions taken by clients. The speakers during this session present a variety of hypothetical situations that can lead to various interpretations and a range of possible actions. This presentation includes a series of case studies/vignettes portraying possible real-world, potentially unreasonable and even outrageous situations that can place actuaries in difficult situations.
Audience members are asked to analyze, discuss and debate their views of these situations and propose what they believe should be the outcome. This seminar is a great opportunity to get an update on Professional Standards, while getting a behind the scenes look at how the ABCD functions, and delving into ethical situations that can happen on a regular basis. Consider attending this informative, retirement benefits focused seminar on Professional Standards and ethics.