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Faculty Of Actuaries

Faculty of Actuaries

The Faculty of Actuaries is one of the two professional bodies representing actuaries in the United Kingdom. The Faculty is based in Scotland, while the other body, the Institute of Actuaries, is based in England. While the Institute and Faculty of actuaries are separate institutions, they work very closely together, and the professional qualifications and professional standards for actuaries are identical in each of them. The Faculty was formed in 1856, eight years after the Institute of Actuaries, with the aim of representing the interests of actuaries practicing in Scotland. In 1868 the Faculty of Actuaries was incorporated by a Royal Charter. The Faculty's slogan is "Making financial sense of the future."

External links

- [http://www.actuaries.org.uk Official Webpage] Category:Scottish organisations Category:Actuarial associations Category:British professional bodies

Professional bodies

A professional body or professional organization is an organization, usually non-profit, that exists to further a particular profession, to protect both the public interest and the interests of professionals. The balance between these two may be a matter of opinion. On the one hand, professional bodies may act to protect the public by maintaining and enforcing standards of training and ethics in their profession. On the other hand, they may also act like a cartel or a labor union (trade union) for the members of the profession, though this description is commonly rejected by the body concerned. Membership of a professional body does not necessarily mean that a person possesses qualifications in the subject area, nor that they are legally able to practice their profession - although in some countries and professions, membership of a professional body is required for somebody to legally practice. Many professional bodies also act as learned societies for the academic disciplines underlying their professions.

Legal functions

In countries where the legal system entitles defendants to a jury by their peers, the general public may not be considered sufficiently knowledgeable in a field of practice to act as a peer in some legal cases. For example, the average person may not be able to determine if a civil engineer took reasonable care to ensure a bridge would not collapse. Therefore, the government may define self-governing professional associations of peers in specific fields. As part of their self-governing mandate, professional associations are usually responsible for licensing of practitioners in their field. Furthermore, a person is usually prohibited from advertising as a "professional" unless they are a member in good standing of the relevant professional association. Medical, engineering, architecture, accounting and legal practitioners are commonly governed by professional associations in most localities. Professional associations do not always concern themselves with licensing or the equivalent or government regulations. In the United States, journalists seek to avoid government involvement in their work or "official" definitions.

Actuaries

Actuary

United Kingdom

:For other meanings of the terms "United Kingdom" and "UK" , see United Kingdom (disambiguation) and UK (disambiguation). :For an explanation of terms like England, (Great) Britain and United Kingdom see British Isles (terminology). The United Kingdom of Great Britain and Northern Ireland (usually shortened to the United Kingdom or the UK) is a country located off the north-western coast of continental Europe, surrounded by the North Sea, the English Channel, the Celtic Sea, the Irish Sea, and the Atlantic Ocean. It is composed of four constituent parts: three constituent countries—England, Scotland, and Wales—on the island of Great Britain, and the province of Northern Ireland on the island of Ireland. The border between Northern Ireland and the Republic of Ireland forms the United Kingdom's principal international land border, although there is a nominal frontier with France in the middle of the Channel Tunnel. The UK has several overseas territories and the Crown dependencies of the Isle of Man and the Channel Islands come under the UK's sovereignty. The UK also has close relationships with the fifteen other Commonwealth Realms, as they all share the same head of state. The UK is also one of the largest member states of the European Union and a founding partner of both the UN and NATO.
Terminology

- United Kingdom of Great Britain and Northern Ireland: The official name for the sovereign state
- United Kingdom: an abbreviation of United Kingdom of Great Britain and Northern Ireland
- Britain: an informal term that sometimes means United Kingdom of Great Britain and Northern Ireland and sometimes means Great Britain
- British: an informal term that sometimes means from the United Kingdom of Great Britain and Northern Ireland and sometimes means from Great Britain
- Great Britain (as a geographical term): the largest island of the British Isles
- Great Britain (as a political term): England + Wales + Scotland
- British Isles (as a geographical term): Great Britain + Ireland + many smaller surrounding islands. This term is disputed, please see below.
- Ireland (as a geographical term): the second largest island of the British Isles
- Ireland (as a political term): an abbreviation of the Republic of Ireland, a sovereign state on the island of Ireland
- Northern Ireland: a political region of the United Kingdom of Great Britain and Northern Ireland
- Ulster (as a geographical term): Often used to refer to Northern Ireland. It is derived from the Irish Language term 'Ulad.' It was one of the ancient Irish provinces (the others were Connaught, Leinster and Munster.). Although it is normally used to refer to Northern Ireland, Ulster also (traditionally) includes Counties Cavan, Monaghan and Donegal, which lie in the Republic of Ireland. The term Ulster is often favoured by the Protestant community.
History
Protestant Today's state is the latest of several unions formed over the last 1000 years. Scotland and England have existed as separate unified entities since the 10th century. Wales, under English control since the Statute of Rhuddlan in 1284, became part of the Kingdom of England by the Laws in Wales Act 1535. With the Act of Union 1707, the separate kingdoms of England and Scotland, having shared the same monarch since 1603, agreed to a permanent union as the Kingdom of Great Britain. The Act of Union 1800 united the Kingdom of Great Britain with the Kingdom of Ireland, which had been gradually brought under English control between 1169 and 1691, to form the United Kingdom of Great Britain and Ireland. The United Kingdom of Great Britain and Northern Ireland was formed in 1922, after bitter fighting which echoes down to the current political strife, the Anglo-Irish Treaty partitioned Ireland into the Irish Free State and Northern Ireland, with the latter remaining part of the United Kingdom. As provided for in the treaty, Northern Ireland, which consists of six of the nine counties of the Irish province of Ulster, immediately opted out of the Free State and to remain in the UK. The nomenclature of the UK was changed in 1927 to recognise the departure of most of Ireland, with the current name being adopted. 1927 The United Kingdom, the dominant industrial and maritime power of the 19th century, played a leading role in developing Western world ideas of property, liberty, capitalism and parliamentary democracy - to say nothing of its part in advancing world literature and science. At its zenith, the British Empire stretched over one quarter of the Earth's surface and encompassed a third of its population. The first half of the 20th century saw the UK's strength seriously depleted from the effects of World War I and World War II. The second half witnessed the dismantling of the Empire and the UK rebuilding itself into a modern and prosperous nation. The UK has been a member of the European Union since 1973. Its attitude towards further integration is conservative, and there is significant Euroscepticism in UK politics. It has not chosen to adopt the Euro, owing to internal political considerations and the government's judgement of the prevailing economic conditions.
Government and politics
The United Kingdom is a constitutional monarchy, with executive power exercised on behalf of the Queen by the Prime Minister and other cabinet ministers who head departments. The cabinet, including the Prime Minister, and other ministers collectively make up Her Majesty's Government. These ministers are drawn from and are responsible to Parliament, the legislative body, which is traditionally considered to be "supreme" (that is, able to legislate on any matter and not bound by decisions of its predecessors). The UK is one of the few countries in the world today that does not have a codified constitution, relying instead on customs and separate pieces of constitutional law. While the monarch is Head of State and holds all executive power, it is the Prime Minister who is the head of government. The government is answerable chiefly to the House of Commons and the Prime Minister is drawn from this chamber of Parliament by constitutional convention. The majority of cabinet members will be from the House of Commons, the rest from the House of Lords. Ministers do not, however, legally have to come from Parliament, though that is the modern day custom. The British system of government has been emulated around the world - a legacy of the United Kingdom's colonial past - most notably in the other Commonwealth Realms. The Prime Minister is chosen as the MP who can command a majority in the House of Commons - usually the leader of the largest party or, if there is no majority party, the largest coalition. The current Prime Minister is Tony Blair of the Labour Party, who has been in office since 1997. In the United Kingdom the monarch has extensive theoretical powers, but his or her role is mainly, though not exclusively, ceremonial. The monarch is an integral part of Parliament (as the "Crown-in-Parliament") and theoretically gives Parliament the power to meet and create legislation. An Act of Parliament does not become law until it has been signed by the Queen (being given Royal Assent), although no monarch has refused to assent to a bill that has been approved by Parliament since Queen Anne in 1708. Although the abolition of the monarchy has been suggested several times, the popularity of the monarchy remains strong in spite of recent controversies. Support for a British republic usually fluctuates between 15% and 25% of the population, with roughly 10% undecided or indifferent [http://www.mori.com/mrr/2000/c000616.shtml]. The current monarch is Queen Elizabeth II who acceded to the throne in 1952 and was crowned in 1953. Parliament is the national legislature of the United Kingdom. It is the ultimate legislative authority in the United Kingdom, according to the doctrine of parliamentary sovereignty. It is bicameral, composed of the elected House of Commons and the unelected House of Lords, whose members are mostly appointed. The House of Commons is the more powerful of the two houses. The House of Commons has 646 members who are directly elected from single-member constituencies based on population. The House of Lords has 724 members (though this number is not fixed): hereditary peers, life peers, and bishops of the Church of England. The Church of England is the established church of the state in England. established church]] The two largest political parties are the Labour Party and Conservative Party. The UK has long had a two-party system, but in the last 20 years the Liberal Democrats have re-emerged as a large third party. The electoral system used for general elections is first-past-the-post. The constitution of the United Kingdom is un-codified and partially unwritten, which means that no single document regulates how the government works, and unwritten constitutional conventions are used extensively. The constitution is based on the principle that Parliament is the ultimate sovereign body in the country. There has long been a widespread sense of national identity in the Celtic nations. Throughout the late 19th century the UK debated giving Ireland home rule. The Scottish National Party was founded in 1934, and Plaid Cymru (Party of Wales) in 1925. Referenda for devolution succeeded in 1997 for Scotland and Wales and in 1998 for Northern Ireland. In 1999, the Scottish Parliament and the National Assembly for Wales were established, the former having primary legislative power. Proportional representation is used for the elections, which has resulted in a Labour-Liberal Democrat coalition government in Scotland. Due to internal disagreements, the Northern Ireland Assembly has been suspended since 2002.
Subdivisions
The United Kingdom is a country that is divided into four constituent parts:
- England
- Scotland
- Northern Ireland
- Wales The constituent parts of the United Kingdom have administrative subdivisions as follows:
- The regions and administrative counties of England
- The council areas of Scotland
- The counties and county boroughs of Wales
- The districts of Northern Ireland The Laws in Wales Act 1535 incorporated Wales and England into England and Wales for legal purposes. Although all four have historically been divided into counties, England's population is an order of magnitude larger than the others so in recent years it has for some purposes been divided into nine intermediate-level Government Office Regions. Each region is made up of counties and unitary authorities, apart from London, which consists of London boroughs. Although at one point it was intended that each or some of these regions would be given its own regional assembly, the plan's future is uncertain, as of 2004, after the North East region rejected its proposed assembly in a referendum. Scotland consists of 32 Council Areas. Wales consists of 22 Unitary Authorities, styled as 10 County Boroughs, 9 Counties, and 3 Cities. Northern Ireland is divided into 26 Districts. Also sometimes associated with the United Kingdom, though not constitutionally part of the United Kingdom itself, are the Crown dependencies (the Bailiwicks of Jersey and Guernsey, and the Isle of Man) as self-governing possessions of the Crown, and a number of overseas territories under the sovereignty of the United Kingdom.
Military
The armed forces of the United Kingdom are known as the British Armed Forces or Her Majesty's Armed Forces, officially the Armed Forces of the Crown. Their Commander-in-Chief is the Queen and they are managed by the Ministry of Defence. Ministry of Defence The British Armed Forces are charged with protecting the United Kingdom and its overseas territories, promoting the United Kingdom's wider security interests, and supporting international peacekeeping efforts. They are active and regular participants in NATO and other coalition operations. The United Kingdom fields one of the most powerful and comprehensive military forces in the World. Its global power projection capabilities are second only to those of the United States Armed Forces. The British Army had a reported strength of 112,700 in 2004, including 7,600 women, and the Royal Air Force a strength of 53,400. The 40,900-member Royal Navy is in charge of the United Kingdom's independent strategic nuclear arm, which consists of four Trident Ballistic Missile Submarines, while the Royal Marines provide infantry units for amphibious assault and for specialist reinforcement forces in and beyond the NATO area. This puts total active duty military troops in the 210,000 range, currently deployed in over 80 countries. The UK's special forces, principally the SAS, provides elite commandos trained for quick, mobile, military responses; often where secrecy or covert operations are required. The Royal Navy is the second largest navy in the World in terms of gross tonnage. Despite the United Kingdom's wide ranging capabilities, recent pragmatic defence policy has a stated assumption that any large operation would be undertaken as part of a coalition. Bosnia, Kosovo, Afghanistan, Iraq (Granby, No-Fly-Zones, Desert Fox and Telic) may all be taken as precedent - indeed the last true war in which the British military fought alone was the Falklands War of 1982, in which military action was initiated by Argentina and the UK was fighting a defensive, rather than offensive, campaign. The British army has been actively involved in the Troubles in Northern Ireland. However, a programme of demilitarisation is being gradually implemented.
Geography
Troubles World Factbook Map of the United Kingdom]] Most of England consists of rolling lowland terrain, divided east from west by more mountainous terrain in the Northwest (Cumbrian Mountains of the Lake District) and north (the upland moors of the Pennines) and limestone hills of the Peak District by the Tees-Exe line. The lower limestone hills of the Isle of Purbeck, Cotswolds, Lincolnshire and chalk downs of the Southern England Chalk Formation. The main rivers and estuaries are the Thames, Severn and the Humber Estuary. The largest urban area is Greater London. Near Dover, the Channel Tunnel links the United Kingdom with France. There is no peak in England that is 1000 metres (3,300 ft) or greater. Wales is mostly mountainous, the highest peak being Snowdon at 1085 metres (3,560 ft) above sea level. North of the mainland is the island of Anglesey. The largest and capital city is Cardiff, located in South Wales. Scotland's geography is varied, with lowlands in the south and east and highlands in the north and west, including Ben Nevis, the UK's highest mountain at 1343 metres (4,406 ft). There are many long and deep-sea arms, firths, and lochs. A multitude of islands west and north of Scotland are also included, notably the Hebrides, Orkney Islands and Shetland Islands. The largest city is Glasgow. Northern Ireland, making up the north-eastern part of Ireland, is mostly hilly. The main cities are Belfast ('Beal Feirste' in Irish) and Londonderry / Derry ('Doire' in Irish). The province is home to one of the UK’s World Heritage Sites, the Giant's Causeway, which consists of more than 40,000 six-sided basalt columns up to 40 feett (12 m) high. In total it is estimated that the UK includes around 1098 small islands, some being natural and some being crannogs, a type of artificial island which was built in past times using stone and wood, gradually enlarged by natural waste building up over time.
Economy
artificial island The United Kingdom, a leading trading power and financial centre, has an essentially capitalist economy, the fourth largest in the world in terms of market exchange rates and the sixth largest by purchasing power parity (PPP) exchange rates. Over the past three decades, the government has greatly reduced public ownership by means of privatisation programmes, and has contained the growth of the Welfare State. Agriculture is intensive, highly mechanised, and efficient by European standards, producing about 60% of food needs with only 1% of the labour force. The UK has large coal, natural gas, and oil reserves; primary energy production accounts for 10% of GDP, one of the highest shares of any industrial state. Services, particularly banking, insurance and business services, account for by far the largest proportion of GDP. Industry continues to decline in importance, although the UK is still Europe's largest manufacturer of armaments, petroleum products, personal computers, televisions, and mobile telephones. Tourism is also important: with over 24 million tourists a year, between China (33) and Austria (19.1), the United Kingdom is ranked as the sixth major tourist destination in the world. The Blair government has put off the question of participation in the Euro system, citing five economic tests that would need to be met before they recommend that the UK adopts the Euro, and hold a referendum.
Society

Demographics
At the April 2001 census, the United Kingdom's population was 58,789,194, the third-largest in the European Union (behind Germany and metropolitan France) and the twenty-first largest in the world. Its overall population density is one of the highest in the world. Almost one-third of the population lives in England's prosperous south-east and is predominantly urban and suburban--with about 7.2 million in the capital of London. The United Kingdom's high literacy rate (99%) is attributable to universal public education introduced for the primary level in 1870 and secondary level in 1900 (except in Scotland where it was introduced in 1696). Education is mandatory from ages five through sixteen. referendum The Church of England and the Church of Scotland function as the official national religions in their respective countries, but most religions found in the world are represented in the United Kingdom. Anglicanism is the state religion that has been established in England since 1534 during the reign of King Henry VIII. During his reign, England broke ties with the Roman Catholic church and established the Church of England as the offical religion of England. Reforms to the nature of the church's relationship to the state have been ongoing, especially concerning the nature of the House of Lords and the appointment of a fixed amount of the lordships going to Lords Temporal, bishops of the Church of England. A group of islands close to continental Europe, the British Isles have been subject to many invasions and migrations, especially from Scandinavia and the continent, including Roman occupation for several centuries. Contemporary Britons are descended mainly from the varied ethnic stocks that settled there before the eleventh century. The pre-Celtic, Celtic, Roman, Anglo-Saxon, and Norse influences were blended on Great Britain under the Normans, Scandinavian Vikings who had lived in Northern France. Although Celtic languages persist in Wales, Scotland, and Northern Ireland, the predominant language is English, which is a West Germanic language descended from Old English, featuring a large amount of borrowings from Norman French.The other indigenous languages include the Celtic languages; Welsh, the closely related Irish and Scots Gaelic, and the Cornish language; as well as Lowland Scots, which is closely related to English; Romany; and British Sign Language (Northern Ireland Sign Language is also used in Northern Ireland). Celtic dialectal influences from Cumbric persisted in Northern England for many centuries, most famously in a unique set of numbers used for counting sheep. Recent immigrants, especially from the Commonwealth, speak many other languages, including Bengali, Cantonese, Hindi, Punjabi and Urdu. The United Kingdom has the largest number of Hindi speaking peoples outside of the Indian sub continent.
Culture
Urdu The United Kingdom contains many of the world's leading universities, including the University of Cambridge, the University of Oxford and the University of London (which incorporates, amongst others, Imperial College and University College London), and has produced many great scientists and engineers including Sir Isaac Newton, Charles Darwin and Isambard Kingdom Brunel; the nation is credited with many inventions including the locomotive, vaccination, television, vacuum, and both the internal combustion and the jet engine. The English language has spread to all corners of the world (primarily because of the country’s empire) and is referred to as a ‘global language’. It is now taught as a second language more than any other around the world. Over the next few decades, it is estimated that approximately half the world’s population will be proficient in the language. Playwright William Shakespeare is arguably the most famous writer in the history of the English language; other well-known writers from the United Kingdom include the Brontë sisters (Charlotte, Emily, and Anne), Jane Austen, William Thackeray, J. R. R. Tolkien, John Milton, H. G. Wells and Charles Dickens. Important poets include Lord Byron, Robert Burns, Lord Tennyson and William Blake. Notable composers from the United Kingdom have included William Byrd, John Taverner, William Lawes, John Dowland, Thomas Tallis, and Henry Purcell from the 16th and early 17th centuries, and, more recently, Sir Edward Elgar, Sir Arthur Sullivan (most famous for working with librettist Sir W. S. Gilbert), Ralph Vaughan Williams and Benjamin Britten in the 19th and 20th. George Frideric Handel spent most of his composing life in England. The BBC is the oldest and perhaps the most respected broadcasting network on the globe, with the BBC World Service radio channel and its news output held in particularly high regard. The other main television networks are ITV, Channel 4, five (TV) and Sky Television. Popular programmes in the UK include the three soaps Eastenders, Coronation Street and Emmerdale, as well as the comedy news quiz Have I Got News For You and Reality TV shows Big Brother and The X Factor. Various British TV formats have been exported to other nations, notably Who Wants To Be A Millionaire?, The Weakest Link and The Office. The UK was, with the US, one of the two main contributors in the development of rock and roll, and the UK has provided some of the most famous rock stars, including the Beatles, Queen, Led Zeppelin, Pink Floyd, the Rolling Stones, The Who and many others. The UK was at the forefront of punk rock music in the 1970s with bands such as the Sex Pistols and The Clash, and the subsequent rebirth of heavy metal with bands such as Motörhead and Iron Maiden. In mid to late '90s, the Britpop phenomenon has seen bands such as Oasis, Blur, Radiohead and Coldplay gain international fame. The UK is also at the forefront of electronica, with British artists such as Aphex Twin, Talvin Singh, Nitin Sawhney and Lamb at the cutting edge. The United Kingdom was also associated with music from the Caribbean, with a large number of Jamaicans and other Caribbean nationals being present in the UK.
Sport
A great number of major sports originated in the United Kingdom, including football, golf, cricket, rugby, tennis and boxing. The national sport of the UK is association football, but the UK does not compete as a nation in any major football tournament. Instead, the home nations compete individually as England, Wales, Scotland and Northern Ireland. It is because of this unique four-team arrangement that the UK currently does not compete in football events at the Olympic Games. However, a united team will probably take part in the 2012 Summer Olympic Games, as these are hosted in London. The English and Northern Irish football associations have confirmed participation in this team while the Scottish FA and the Welsh FA have declined to participate. The UK also hosts many world-renowned football clubs, such as Manchester United, Liverpool, Chelsea and Arsenal in England and Rangers and Celtic in Scotland. Clubs compete in national leagues and competitions and some go on to compete in European competitions. Both forms of rugby are national sports. Rugby League originates from and is generally played in the North of England, whilst Rugby Union is played all over Britain. In Rugby League the UK plays as one nation - Great Britain - whilst in union it is represented by the four nations. England are the current holders of the Rugby Union World Cup. Every four years the British and Irish Lions (comprising the best players from England, Scotland, Wales and Ireland) tour other countries. Cricket is also played in the UK, although it is focussed in England. The Wimbledon Championships are an international tennis event held in Wimbledon in south London every summer and are seen as the most prestigious of the tennis calendar. Golf is one of the most popular participation sports played in the UK and St Andrews in Scotland is the sport's home course.
Miscellaneous topics

External links

- [http://www.bbc.co.uk/history/state/nations/ BBC Nations] History of the nations within the UK.
- [http://www.bbc.co.uk British Broadcasting Corporation (BBC)]
- [http://www.cia.gov/cia/publications/factbook/geos/uk.html CIA World Factbook: UK.]
- [http://www.direct.gov.uk Gateway to UK governmental services and websites.]
- [http://www.number-10.gov.uk Number 10 Downing Street]
- [http://www.statistics.gov.uk Office of National Statistics]
- [http://www.opsi.gov.uk Office of Public Sector Information] Source for all UK legislation 1987-present (successor to Her Majesty's Stationery Office).
- [http://www.macs.hw.ac.uk/britishisles/ The British Isles] Independent view of the UK.
- [http://www.royal.gov.uk The British Monarchy]
- [http://www.parliament.uk/ The United Kingdom Parliament]
- [http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=5703&Pos=&ColRank=1&Rank=272 Official Yearbook of the UK] factbook produced by the Office for National Statistics (years 2000 to 2005 available online).
- [http://www.ukcities.co.uk UK Cities] lists a variety of useful resources for every city in the UK.
- [http://www.justuk.org UK travel guide] United Kingdom for travellers.
- [http://www.world66.com/europe/unitedkingdom World66 Guide to United Kingdom] A travel guide written by its users.
- [http://www.multimap.co.uk www.multimap.co.uk] provides online maps and aerial photographs of the UK.
- [http://www.streetmap.co.uk www.streetmap.co.uk] an alternative to multimap.
- [http://www.freeworldmaps.net/europe/united-kingdom/map.html Physical map of United Kingdom.]
- [http://www.upmystreet.com www.upmystreet.com] detailed localised information about places in the United Kingdom.
- [http://www.parks.it/world/UK/Eindex.html UK Parks] National parks, Areas of Outstanding Natural Beauty and other protected areas. ----
Category:British Isles Category:European countries Category:European Union member states Category:Members of the Commonwealth of Nations Category:Monarchies A als:Grossbritannien und Nordirland zh-min-nan:Liân-ha̍p Ông-kok ko:영국 ms:United Kingdom ja:イギリス simple:United Kingdom th:สหราชอาณาจักร

Institute of Actuaries

The Institute of Actuaries is one of the two professional bodies representing actuaries in the United Kingdom. The Institute is based in England, while the other body, the Faculty of Actuaries, is based in Scotland. While the Institute and Faculty of actuaries are separate institutions, they work very closely together, and the professional qualifications and professional standards for actuaries are identical in each of them. The Institute was formed in 1848 partly in response to the large number of Life Assurance companies that were failing. In 1884 the Institute of Actuaries was incorporated by a Royal Charter. The Institute's slogan is making financial sense of the future.

Membership Categories

In total there are approximately 15000 members of the Institute falling into the following categories.
- Student actuaries are members of the Institute who are taking exams. Once the exams are complete Students can become fellows.
- Fellows are full members of the Institute who have met the training demands, and have the right to call themselves 'actuaries'
- Associates
- Affiliates

Past Presidents

- 1848-1860 John FINLAISON (1783-1860)
- 1860-1867 Charles JELLICOE (1804-1882)
- 1867-1870 Samuel BROWN (1812-1875)
- 1870-1872 William Barwick HODGE (1802-1885)
- 1872-1875 Robert TUCKER (1815-1875)
- 1875-1878 John Hill WILLIAMS (1814-1887)
- 1878-1882 Arthur Hutcheson BAILEY (1823-1912)
- 1882-1886 Thomas Bond SPRAGUE MA LLD (1830-1920)
- 1886-1888 Archibald DAY (1830-1904)
- 1888-1890 William SUTTON MA (1842-1898)
- 1890-1892 Benjamin NEWBATT (1834-1896)
- 1892-1894 Augustus HENDRIKS (1834-1905)
- 1894-1896 Alexander John FINLAISON CB (1840-1900)
- 1896-1898 Thomas Emley YOUNG BA FRAS (1843-1933)
- 1898-1900 Henry William MANLY (1844-1914)
- 1900-1902 Charles Daniel HIGHAM (1849-1935)
- 1902-1904 William HUGHES (1839-1912)
- 1904-1906 Henry COCKBURN (1848-1936)
- 1906-1908 Frank Bertrand WYATT (1853-1929)
- 1908-1910 Sir George Francis HARDY KCB (1855-1914)
- 1910-1912 Sir Gerald Hemmington RYAN Bt (1861-1937)
- 1912-1914 Frederick SCHOOLING (1851-1937)
- 1914-1916 Ernest WOODS (1855-1932)
- 1916-1918 Samuel George WARNER (1858-1928)
- 1918-1920 Geoffrey MARKS CBE (1865-1938)
- 1920-1922 Sir Alfred William WATSON KCB (1870-1936)
- 1922-1924 William Peyton PHELPS MA (1865-1942)
- 1924-1926 Arthur Digby BESANT BA (1869-1960)
- 1926-1928 Sir Joseph BURN KBE (1871-1950)
- 1928-1930 Abraham LEVINE MA (1870-1949)
- 1930-1932 Harold Moltke TROUNCER MA (1871-1948)
- 1932-1934 Sir William Palin ELDERTON KBE PhD (Oslo) (1877-1962)
- 1934-1936 Charles Ronald Vawdrey COUTTS (1876-1938)
- 1936-1938 Henry BROWN MA (1876-1943)
- 1938-1940 Henry John Percy OAKLEY MC (1878-1942)
- 1940-1942 William PENMAN MBE (1880-1970)
- 1942-1944 Henry Edward MELVILLE (1883-1976)
- 1944-1946 Reginald Claud SIMMONDS (1888-1969)
- 1946-1948 Sir Andrew Herrick ROWELL MA (1890-1973)
- 1948-1950 Sir George Henry MADDEX KBE (1895-1982)
- 1950-1952 Frederick August Andrew MENZLER CBE BSc (1888-1968)
- 1952-1954 Walter Frank GARDNER CBE (1900-1983)
- 1954-1956 John Farrant BUNFORD MA (1901-1992)
- 1956-1958 Charles Florestan WOOD (1905-1979)
- 1958-1960 Frank Mitchell REDINGTON MA (1906-1984)
- 1960-1962 John Henry GUNLAKE CBE (1905-1990)
- 1962-1964 Kenneth Ascough USHERWOOD CBE MA (1904-1988)
- 1964-1966 Sir Herbert TETLEY KBE CB MA (1908-1999)
- 1966-1968 Bernard BENJAMIN PhD (1910-2002)
- 1968-1970 James Basil Holmes PEGLER TD BA (1912-1992)
- 1970-1972 Ronald Sidney SKERMAN CBE BA (1914-2002)
- 1972-1974 Geoffrey HEYWOOD MBE BA
- 1974-1976 Gordon Vernon BAYLEY CBE (1920-2004)
- 1976-1978 Charles Michael O’BRIEN MA
- 1978-1980 Peter Edward MOODY CBE (1918-2004)
- 1980-1982 Antony Robin Napier RATCLIFF
- 1982-1984 Colin Stewart Sinclair LYON MA
- 1984-1986 Peter Gerald MOORE PhD DSc
- 1986-1988 Marshall Hayward FIELD CBE
- 1988-1990 Roger David CORLEY CBE BSc
- 1990-1992 Hugh Hedley SCURFIELD MA
- 1992-1994 Leonard John MARTIN CBE
- 1994-1996 Christopher David DAYKIN CB MA
- 1996-1998 Duncan George Robin FERGUSON MA
- 1998-2000 Paul Noel THORNTON MA
- 2000-2002 Peter Nigel Stuckey CLARK MA
- 2002-2004 Jeremy GOFORD MA
- 2004- Michael POMERY

External links

- [http://www.actuaries.org.uk Official Site of the Institute of Actuaries and the Faculty of Actuaries] Category:Professional associations Category:Actuarial associations Category:British professional bodies

Professional

:This article is about the people called professionals. For the movie, see The Professionals (movie). A professional works to receive payment for an activity (as a profession), which usually requires expertise and carries with it socially significant mores and folkways. That is to say, behaving professionally would indicate that the person's actions remain in accordance with specific rules, written or unwritten, pertaining to behavior, dress, speech, etc. By extension, the adjective professional can indicate that someone has great expertise or skill in a craft or activity. In narrow usage, not all expertise is considered a profession. Although sometimes referred to as professions, such occupations as skilled construction work are more generally thought of as trades or crafts. The completion of an apprenticeship is generally associated with skilled labor or trades such as carpenter, electrician, plumber, and other similar occupations. The opposite of professional is amateur or, disparagingly, "rank amateur." Sometimes an amateur can perform as well or better than a professional, but this tends to be an exception. Therefore, in many fields a person must overcome a barrier before gaining recognition as a professional. Such barriers include academic degrees, certifications, or licenses. Professions with such barriers include those of accountancy, architecture, medicine, engineering, intelligence, law, librarianship, nursing, social work and teaching. In the strictest sense, a profession is created by legislation and is self-regulating.

Sport

Sometimes the professional status of an activity is controversial, for example there is debate as to whether or not professionals should be allowed to compete in the Olympic Games. It has been suggested that the crude, all or nothing categories, of professional or amateur should be reconsidered. A historical shift is occurring with the rise of Pro-Ams, a new category of people that are pursuing amateur activities to professional standards.

1868

1868 was a leap year starting on Wednesday (see link for calendar).

Events

- January 3 - Meiji Emperor declares "Meiji Restoration", his own restoration to full power, against the supporters of the Tokugawa Shogunate.
- January 6 - Asa Mercer and number of new "Mercer Girls" sail from Massachusetts for West Coast - they arrive in Seattle in May 23
- January 10 - Shogun Tokugawa Yoshinobu declares emperor's declaration "illegal" and attacks Kyoto. Pro-Emperor forces drive his troops away. Shogun surrenders in May.
- February 13 - The War Office sanctions the formation of what will become the Army Post Office Corps
- February 16 - In New York City the Jolly Corks organization is renamed the Benevolent and Protective Order of Elks (BPOE).
- February 24 - The first parade to have floats occurs at Mardi Gras in New Orleans, Louisiana.
- February 24 - After Andrew Johnson tried to dismiss United States Secretary of War Edwin M. Stanton, he becomes the first President of the United States to be impeached by the United States House of Representatives. Johnson would later be acquitted by the United States Senate.
- March 5 - A court of impeachment is organized in the United States Senate to hear charges against President Andrew Johnson.
- March 23 - The University of California is founded in Oakland, California when the Organic Act is signed into California law.
- April 1 - Hampton Normal and Agricultural Institute is established in Hampton, Virginia
- March 24 - Metropolitan Life Insurance Company is formed.
- May 16 - President Andrew Johnson is acquitted during his impeachment trial, by one vote in the United States Senate.
- May 30 - Memorial Day is observed in the United States for the first time (it was proclaimed on May 5 by General John Logan).
- May 31 - Thomas Spence declares himself president of the Republic of Manitoba. He soon alienates the locals
- July 5 - Preacher William Booth establishes the Christian Mission, predecessor of the Salvation Army, in the East End of London
- July 25 - Wyoming becomes a United States territory.
- July 28 - The 14th Amendment to the United States Constitution is adopted guaranteeing African Americans full citizenship and all persons in the United States due process of law.
- late September - Queen Isabella II of Spain effectively deposed and goes into exile; she will formally abdicate June 25, 1870.
- September 23 - Rebels in the town of Lares declare Puerto Rico independent. Local militia defeats them a week later.
- October 28 - Thomas Edison applied for his first patent, the electric vote recorder.
- November - Ulysses S. Grant defeats Horatio Seymour in the U.S. presidential election.
- November 2 - New Zealand officially adopts nationally observed standard time, and was perhaps the first country to do so.
- December 25 - US President Andrew Johnson grants unconditional pardon to all Civil War rebels.
- November 27 - Indian Wars: Battle of Washita River - In the early morning, United States Army Lieutenant Colonel George Armstrong Custer leads an attack on a band of peaceful Cheyenne living on reservation land with Chief Black Kettle, killing 103 Cheyenne (later regarded as the first substantial US victory in the war).
- Thomas Henry Huxley discovers what he thinks is a primordial matter and names it bathybius haecklii (he admits his mistake in 1871)
- German ophthalmologist August Rothmund defines Rothmund-Thompson's syndrome.
- First edition of the World Almanac published.
- Académie Julian - a major art school in Paris, France that admitted women.

Births

- January 9 - S.P.L. Sørensen, Danish chemist (d. 1939)
- January 31 - Theodore William Richards, American chemist, Nobel Prize laureate (d. 1928)
- February 10 - William Allen White, American journalist (d. 1944)
- February 23 - W.E.B. DuBois, American civil rights leader (d. 1963)
- March 22 - Robert Millikan, American physicist, Nobel Prize laureate (d. 1953)
- March 25 - William Lockwood, English cricketer (d. 1932)
- March 28 - Maxim Gorky, Russian author (d. 1936)
- April 10 - George Arliss, English actor (d. 1946)
- May 6 - Nicholas II of Russia (d. 1918)
- May 6 - Gaston Leroux, French writer (d. 1927)
- May 29 - Abdul Mejid II, last Caliph of the Ottoman Empire (d. 1944)
- June 7 - Charles Rennie Mackintosh, Scottish architect (d. 1928)
- June 14 - Karl Landsteiner, Austrian biologist and physician, recipient of the Nobel Prize in Physiology or Medicine (d. 1943)
- June 18 - Georges Lacombe, French artist (d. 1916)
- July 12 - Stefan George, German poet (d. 1933)
- July 14 - Gertrude Bell, English archaeologist, writer, spy, and administrator (d. 1926)
- August 26 - Charles Stewart, Premier of Alberta (d. 1946)
- September 1 - Henri Bourassa, Canadian politician and publisher (d. 1952).
- October 18 - Ernst Didring, Swedish writer (d. 1931)
- November 8 - Felix Hausdorff, German mathematician (d. 1942)
- November 9 - Marie Dressler, Canadian actress (d. 1934)
- November 24 - Scott Joplin, American musician and composer (d. 1917)
- December 9 - Fritz Haber, German chemist, Nobel Prize laureate (d. 1934)

Deaths

- February 11 - Léon Foucault, French astronomer (b. 1819)
- February 29 - King Ludwig I of Bavaria (b. 1786)
- March 4 - Jesse Chisholm, American pioneer (b. 1805)
- March 28 - James Thomas Brudenell, 7th Earl of Cardigan, British military leader (b. 1797)
- April - Isami Kondo, Japanese fighter (b. 1834)
- April 3 - Franz Berwald, Swedish composer (b. 1796)
- April 7 - Thomas D'Arcy McGee, Irish-Canadian journalist, politician and Canadian father of confederation (assassinated) (b. 1825)
- May 7 - Henry Peter Brougham, Lord High Chancellor of Great Britain (b. 1778)
- May 23 - Kit Carson, American trapper, scout, and Indian agent (b. 1809)
- June 1 - James Buchanan, 15th President of the United States (b. 1791)
- June 22 - Heber C. Kimball, Mormon church leader (b. 1801)
- September 26 - August Ferdinand Möbius, German mathematician and astronomer (b. 1790)
- October 17 - Laura Secord, Canadian patriot (b. 1775)
- November 13 - Gioacchino Rossini, Italian composer (b. 1792)
- November 15 - James Mayer Rothschild, German-born banker (b. 1792)
- December 6 - August Schleicher, German linguist (b. 1821)
- Charles Thomas Longley, Archbishop of Canterbury (b. 1794)
- August Ferdinand Möbius, German mathematician and theoretical astronomer (b. 1790) Category:1868 ko:1868년 ms:1868 simple:1868 th:พ.ศ. 2411

Royal Charter

A Royal Charter is a charter given by a monarch to legitimize an incorporated body, such as a city, company, university or such. In medieval Europe, cities were the only place where it was legal to conduct commerce, and Royal Charters were the only way to establish a city. The year a city was chartered is considered the year the city was "founded", irrespective of whether there was settlement there before. In the United Kingdom and Canada a Royal Charter is a charter granted by the Sovereign on the advice of the Privy Council, which creates or gives special status to an incorporated body. It is an exercise of the Royal Prerogative. At one time a Royal Charter was the only way in which an incorporated body could be formed, but other means such as the registration of a limited company are now available. Among the historic bodies formed by Royal Charter were the British East India Company and the American colonies. Among the 400 or so organisations with Royal Charters are cities, the BBC, Livery Companies, Britain's older universities, professional institutions and charities. A Royal Charter is the manner in which a British town is raised to the rank of British city. Most recently Inverness, Brighton & Hove and Wolverhampton were given their charters to celebrate the millennium, and Preston, Stirling, Newport, Lisburn and Newry to celebrate the Golden Jubilee of Elizabeth II in 2002. Some of the older British universities operate under Royal Charters, which give them the power to grant degrees. The most recent generation of universities were granted this power by the Further and Higher Education Act, 1992 instead. Some other universities operate under Acts of Parliament. The BBC operates under a Royal Charter which lasts for a limited period of ten years, after which it is renewed. Most Royal Charters are now granted to professional institutions and to charities. A Charter is not necessary for them to operate, but one is often sought as a recognition of "pre-eminence, stability and permanence".

External links

- [http://www.privy-council.org.uk/output/page26.asp Privy Council website]
- [http://www.bbc.co.uk/info/bbc/charter.shtml Royal Charter of the BBC]
- [http://www.ppd.bham.ac.uk/policy/charter/charter.htm Charter of the University of Birmingham]
- [http://www.state.ri.us/rihist/richart.htm Royal Charter of Rhode Island (1663)]

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