UK 19:05 Friday, 23 October 2026
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Jim Sutcliffe is the deputy chairman designate of Quindell (QPP) and is also a Fellow of the Institute and Faculty of Actuaries and in that spirit I have written him a letter which was emailed over today. Let’s see what he says. But I pose a tough question or two for lucky Jim.
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Comments
turbograndad
Tom,
Lets see how these prestigeous big hitters, really are.
Duck and cover, flim and flam, pomposity of no responce incomunicado, can’t say anything because its preduditial, PWC are conducting forensic accounting, so can’t presume, bullshit, bollocks, and claptrap me lod.
turbograndad
Tom,
Or “ I’m only here for the beer “, remember that one, now its coke and hookers.
Don’t give up the day job.
lloorre
Afternoon Tom
2 quick ones on the Code, you quote.
1. “A breach of the Code is not necessarily, of itself, grounds for disciplinary action. However, where a member’s conduct is called into question, failure to observe the Code may be taken into account by any Disciplinary Panel.”
2. “Scope [of the Code]: “The Code applies at all times to members’ conduct in their work as actuaries, but will also be taken into consideration where their conduct in other contexts could reasonably be considered to reflect on the profession.”
Anyone else see a “Get out of Jail Free” card?
Thanks
wildrides
I expect his legs felt a wee bit wibbly wobbly after reading that .
larboulois
LLOORRE – your ‘Get out of Jail Free’ card observation is similar to ‘Except in Exceptional Circumstances’ clauses which get attached to share option and share sales lock-in periods.
So I wouldn’t be holding my breath Tom; if the IFoA show as much due diligence in the ‘world’ which they’re supposed to govern as the FSA and those other financial bodies apparently do in theirs, naff all will happen and your letter will be a complete waste of time.
quazie123
Tom
i can assure you that Mr Sutcliffe is not giving a flying fart about his institute of actuaries, Jesus H they presided over the mother of all screw ups known as the UK pension industry shortfall. IMHO Actuarial qualifications are not worth the toilet paper mate, they didnt see low interest rates coming, or for that matter, us folks living longer, so on that basis alone, why would they get I the slightest bit interest in one of their own going for a bit of the old cash nosebag at Quindell. You’re pissing in the wind there I reckon but good on you for red flagging Scum companies and their shafting of shareholders, regards Q12