At its October 24-25, 2009 meeting, the Society of Actuaries' (SOA) Board of Directors discussed and made determinations on a variety of strategic issues and initiatives.
The Board acknowledged the significant concerns raised by the membership and their employers regarding the Future Education Methods (FEM) concept and
has agreed not to proceed with the concept in its current form. The Board directed its volunteer team charged with the oversight of knowledge transfer initiatives to review the strategic objectives of the SOA's educational system.
The Board will ask the Joint FEM Steering and Accreditation Committees to consider alternatives to the current concept and provide a report back to the Board in February 2010. The SOA will also appoint a task force to recommend enhanced communications with our members on this subject.
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