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  #61  
Old 08-02-2018, 01:40 PM
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I hope people realize that this is a much more sensitive topic in pension or valuation because in certain states (and Canada) you need your designation to sign.

(you might not feel it if you work in, say, pricing or risk) imagine someone that graduated 2~3 years ago can now sign a statement of opinion when you are still going for your fellowship after working for ~8 years.
you need your EA to sign in pensions in the US. you can't sign with ASA or FSA.

you can maybe get EA-1 through college credits and I just heard about that recently, but you can't get the other 2 EA exams without taking those exams.
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  #62  
Old 08-02-2018, 01:57 PM
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you need your EA to sign in pensions in the US. you can't sign with ASA or FSA.

you can maybe get EA-1 through college credits and I just heard about that recently, but you can't get the other 2 EA exams without taking those exams.
yup. they exploit the loophole to skip the prelims and utilize the time saved to write the EA exams. not fair at all.
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  #63  
Old 08-02-2018, 04:31 PM
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yup. they exploit the loophole to skip the prelims and utilize the time saved to write the EA exams. not fair at all.
yeah, that's true.

not sure why people in this thread are giving you a hard time about this.
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  #64  
Old 08-02-2018, 04:44 PM
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yeah, that's true.

not sure why people in this thread are giving you a hard time about this.

Probably because he doesn't understand the difference between the past and the present. His "loophole" is currently closed.
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Old 08-02-2018, 05:08 PM
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Probably because he doesn't understand the difference between the past and the present. His "loophole" is currently closed.
Hmmm yeah, PM what do you want done about a closed loophole?
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  #66  
Old 08-02-2018, 05:18 PM
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Hmmm yeah, PM what do you want done about a closed loophole?
They can reopen it and close it again if it'll make him feel better.
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  #67  
Old 08-02-2018, 05:27 PM
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What if they double secret close it?
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  #68  
Old 08-02-2018, 05:29 PM
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Originally Posted by Pension.Mathematics View Post
I hope people realize that this is a much more sensitive topic in pension or valuation because in certain states (and Canada) you need your designation to sign.

(you might not feel it if you work in, say, pricing or risk) imagine someone that graduated 2~3 years ago can now sign a statement of opinion when you are still going for your fellowship after working for ~8 years.
Canada has an experience requirement to sign. Swing and a miss.
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  #69  
Old 08-02-2018, 05:35 PM
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Have you tried being taller?
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  #70  
Old 08-02-2018, 05:37 PM
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Hmmm yeah, PM what do you want done about a closed loophole?
I want SOA to do something about these individuals who abused this loophole. Won't be difficult, they can simply look at ASA/FSA who haven't done the prelims.

Maybe start with an email inquiry along the lines of "Why did you receive IFoA recognition, was it required by work?".
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