Description: Presented at May 1996 Spring Meeting. Highlights objectives of the IFAA, the relationship with its 43 member actuarial associations, and current issues under consideration, including: international accounting standards for retirement benefits, other employee benefit costs, and a possible new global education syllabus for actuaries after 2005.

Description: The author details the results of a questionnaire that was sent to each association, asking for input on establishing an International Federation of Actuarial Associations IFAA to promote high professional codes of conduct, effective discipline procedures, codified standards-setting bases, and comparable educational standards for actuaries worldwide.