Spring 2016 #20
for a. i. why can't I say other actuary's qualification but can ****Disclose the affiliation of the other actuary****?
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for a. i. why can't I say other actuary's qualification but can ****Disclose the affiliation of the other actuary****?
Comments
It's likely assumed that the other actuary is properly qualified. In any case, you just have to know the following paragraph from section 4.10 of the COPLFR reading:
Following on this - why does the examiner's report say that a common error for part a.i was: "Stating the need to disclose other actuary’s credentials or qualification"?
It seems clearly written in the above SAO instructions that credential would need to be disclosed?
I went back - the 2015 version (likely the one on the Syllabus for a Spring 2016 exam) of COPLFR section 4.10 only says the other actuary must be identified by "name and affiliation" - so the Examiner's Report is outdated. You're correct by the most current version of COPLFR you should also disclose the credential.