Another two cents for you: I recently was a panelist at a CAS Professionali=
sm course for budding ACAS's. The whole lot of them were very willing to =
bend any rule to evade regulatory scrutiny and/or please the client. =
Where do they learn this? The apple is not even off the tree and already =
it is rotten. The voice of restraint came from the consultants on the =
panel, and most strongly from our featured speaker. I relate this event =
to the election discussion by thinking that members are free to do =
anything they like, so who cares who is president of the CAS until he/she =
tries to enforce or change the rules? What has been the biggest debate =
this year besides mutual recognition? Guidelines vs. rules.
The recent reserving "contest" at the CLRS is a good educational tool. =
How can the actuaries be all over the place in analyzing the same =
information? I think many folks don't see a lot of work by other =
actuaries. Couple that with an "passing exams makes me God" attitude and =
it is no wonder professionalism is debated in Canada.
Stan, I agree with you. The election thing is just the tip of the =
iceberg. Hopefully, the trend will remain positive.
Visit the CAS Web Site at http://www.casact.org
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