The role of the IFoA’s Regulatory Appointments Committee (RAC) is to make independent appointments to support the delivery of the IFoA’s regulatory function. This includes:
The committee acts independently of the IFoA Council in relation to all regulatory decision making within its remit, in the public interest. You can find more details in the RAC’s terms of reference (PDF, 20 KB).
There are 8 members of the committee: 4 members of the IFoA, 3 lay members, and an independent lay chair.
The committee has experience of peer professional, regulatory, and qualification membership bodies in the UK and internationally. It also has a diverse range of demonstrable experience in:
Members currently sitting on the IFoA Council are prohibited from sitting on the RAC. Committee members should also not hold any appointments under the Disciplinary and Capacity for Membership Schemes or on the Regulatory Board.
The current members of the committee are:
The committee’s activities support the IFoA principles of diversity, equality, and inclusion. Independent decisions on regulatory appointments are made by the committee following a fair and transparent selection process, which includes:
All vacancies arising are advertised on our volunteer vacancies page. Lay volunteer roles can also be found on our vacancies page.
Find more information for volunteers in the IFoA volunteer information pack.
If you have any questions, please contact the secretary to the committee.