Chris Morley’s Post

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Senior Consulting Actuary at Government Actuary's Department

Still feeling fed up, and ashamed, of a, hopefully increasingly small, minority in our profession going on and on constructing long convoluted / deflecting arguments / pieces of analysis etc about why DEI is somehow bad when it clearly isn’t. Glad to see the IAA president pushing back. If those thinking about signing this petition want thorough arguments based on analysis as to why it is better to actively encourage thinking and awareness on DEI (including in our code) please read this book before you decide whether to add your name: https://lnkd.in/gTrqFMan

View profile for Tan Suee Chieh, graphic

Past President at the Institute and Faculty of Actuaries

I am signing Paul Teggin's petition to object to the inclusion of Diversity, Equity, and Inclusion (DEI) into the Actuaries' Code, and I encourage other members of the actuarial profession to do the same. I have always supported the principles of DEI but my concerns lie with the potential drift towards political correctness that this change represents. Many actuaries share these reservations. In fact, feedback from the first consultation process reflects a significant level of skepticism among members, particularly around the idea that mandating DEI as part of our professional code could impose undue burdens on some and, more troublingly, curtail freedom of expression within the profession. My understanding is that all the actuaries (or the vast majority) on the IFoA Regulation Board opposed this when it was first introduced, reflecting widespread concern among members. I am particularly suspicious of the haste with which this is being introduced despite resistance from most members. This raises concerns of a "capture of democracy”, where external pressures may override the profession's collective will, stifling debate and pluralism of thought. I believe in value pluralism, and I believe harmful ideas must be defeated through open debates and not by mandates; by sound arguments and not by authority; by example and not by rules. It is best for the actuarial profession to flourish on a diversity of opinion, and forcing compliance with DEI risks suppressing that essential freedom. We must allow for robust debate to address the complex issues of our time without fear of undue political pressure. Institute and Faculty of Actuaries Actuaries for Transformational Change COVID-19 Actuaries Response Group Singapore Actuarial Society Actuarial Society of Malaysia Project New Horizon Oliver Bettis David Shaffer Kartina Tahir Thomson Hitesh Shah Ashok Gupta Jim Sutcliffe Stuart McDonald MBE Andrew Cairns Andrew Smith Matthew Edwards Derek Cribb Alistair Wallis Alistair Chamberlain Nico Aspinall Wen Li Caryn Chua Amin Nurazmi, FIA, CERA Thanuja Krishnaratna Zainal Abidin Mohd Kassim FIA, Consulting Actuary Dalila Hashim Kelvin Tan Kelvin Chamunorwa Anusha Thavarajah Farzana Ismail Sze Won Tan Ronald Richman Thomas Sithole Edwin Puso Afitile ravee menon Kamau Boniface Kathithu 𝐹𝐼𝒜 Mei Eng CHAN Haijing Wang Steven Yang Yu

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