LCP is one of the first actuarial firms to be accredited under the new Quality Assurance Scheme (QAS) with effect from today (Tuesday 12 April) and awarded by the Institute and Faculty of Actuaries (IFoA).
The QAS is an exciting new step within the actuarial advice sector and its primary focus is on providing clients with a new level of assurance in an organisation’s actuarial quality. The QAS accreditation is unique as it brings in an independent assessment team to check that appropriate policies and processes are in place and that they are embedded into an organisation’s culture.
Commenting on the accreditation, Chris Green, LCP Partner, said: “LCP was delighted to be one of the first firms to take part in a pilot assessment for the IFoA’s scheme and we are proud to now be amongst the first accredited organisations.”
He adds: “This recognition further demonstrates our actuarial quality and gives our clients, and the public generally, a new level of assurance in our business and the actuarial profession overall.”