Yes, It will be slightly biased, but I couldn't think of a better place to ask and I have a feeling PG forum will be less biased than an Actuarial forum. Looking at other threads, most posters on this forum seem fair and logical.
I realise they are both very different choices and I would love to do both, but i have a feeling studying for actuarial exams and doing research would end up with me being sectioned.
I suppose my main point for anyone doing a PhD is:
With the benefit of hindsight, would you still do/have done a PhD or go into work?