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Good Ethics and Good Business – The Challenge for Actuary NEDS'

Thursday 24 May 2018 17:00 - 20:00

Spaces available

A number of factors have combined to undermine confidence in corporate governance, ranging from a failure to address growing pay inequality, poor treatment of workers within the gig economy and the failure by multinational organisations to respect their obligations to society by, for example, paying appropriate amounts of tax. 

This event also offers you the opportunity to build your CPD hours before the end of June deadline.

A number of factors have combined to undermine confidence in corporate governance, ranging from a failure to address growing pay inequality, poor treatment of workers within the gig economy and the failure by multinational organisations to respect their obligations to society by, for example, paying appropriate amounts of tax.

The ethical code under which actuaries operate can make them more sensitised to such issues than some of their colleagues around the board table. The concept of equity is central to actuarial thinking and values and the current debate on Section 172 of the Companies Act, requiring companies to have regard to the interests of suppliers, customers and employees etc, could result in actuaries taking a lead in such debates.

These issues require consideration of business ethics and how these influence culture. When do business ethics conflict with professional ethics? Whilst good ethical behaviour should ideally be conducive to business success, short-term business objectives can conflict with creating long-term sustainable businesses and sustainable relationships with customers. 

The financial sectors in which many actuarial NED’s operate are not unique in having to consider ethical behaviour. The commoditisation of news combined with fake news is resulting in journalism facing similar, if not more severe challenges. The BBC is grappling with the implications of greater pay transparency, whilst trying to compete with commercial entities with different cultures. How are other industries responding to ethical challenges? We will hear from the leading thinkers on both business ethics and practices in other sectors.

Chair              

Deanna Oppenheimer (Chair Hargreaves Lansdown)

Panel             

Stephen Haddrill (CEO FRC)

Aidan White (Founder and Director Ethical Journalism Network)

Belinda Parmar (CEO The Empathy Business)

Anthony Fitzsimmons (Chair Reputability LLP)

Dr Jamie Dow (Leeds University School of Philosophy, Religion and History of Science)

                      

Event organiser

Contact Events Team for more information.

eventmanagement@actuaries.org.uk

0207 632 1498

17.00 - 17.30 Registration
17.30 - 18.45 Presentation
18.45 - 19.30 Q&A discussion
19.30 - 20.00  Networking with drinks

Location

Address

Staple Inn Hall,
High Holborn
London
WC1V 7QJ

Nearest Public Transport

Chancery Lane

Pricing information

Price:
0.00

This event is free to attend.

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