We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

19 PENSION SCHEME ACTUARIES

Professional Negligence and Liability

Chapter 19

PENSION SCHEME ACTUARIES

Authored by MICHAEL TENNET QC, JONATHAN HILLIARD AND DANIEL PETRIDES

I. AN INTRODUCTION TO THE ROLE OF PENSION SCHEME ACTUARIES

1. General

19.1 Broadly speaking, the job of an actuary involves assessing probabilities and contingencies. Actuaries exercise a degree of expert judgement in relation to possible outcomes and the likelihood of future events occurring. As their role involves a degree of judgement, it is not always straightforward to establish whether negligence has occurred or not. The comments of Buckley J in Re George Newnes 1 are indicative of the traditional approach taken by the courts:

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click login button.

Login