London (PTI): Academy Award winning actress Meryl Streep will be honoured with the life time achievement award at the Rome Film Festival to mark her outstanding career.

The Kramer vs Kramer star will receive the Marcus Aurelius Lifetime Achievement Award, which has previously been bestowed upon industry legends such as Sean Connery and Al Pacino.

The 59-year-old actress will reflect upon her four decades as she hosts an on-stage discussion for the event's guests, sharing insights acquired throughout her long career.

The actress has received 15 Academy Award nominations, more than any other actor or actress in the history of the awards.

She has also been nominated a record-breaking 23 times for a Golden Globe Award, beating Jack Lemmon, who had 22.

Streep is also one of the few actors to have won all four major screen acting awards (Oscars, Golden Globes, Screen Actors Guild, and BAFTA awards).

The fourth annual Rome Film Festival is scheduled to run from 15 to 23 October.