Standards and guidance

The Institute and Faculty of Actuaries (IFoA) sets mandatory ethical standards for all IFoA members

The Actuarial Profession Standards (APSs) apply to all members regardless of location

In addition, the IFoA produces non-mandatory guidance to assist members to meet their professional obligations.

The Financial Reporting Council (FRC) sets Technical Actuarial Standards (TASs) which must be followed by those carrying out work in the United Kingdom

Access our standards and guidance below:


The Actuaries’ Code

Our code of professional ethics sets us apart
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Actuarial Profession Standards (APS)

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Non-mandatory guidance

The Institute and Faculty of Actuaries (IFoA) produces non-mandatory guidance for IFoA members, their employers and other stakeholders

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Professional Standards Directory

Provides an up-to-date listing of the IFoA’s Actuarial Profession Standards (APSs) and links to the Financial Reporting Council’s (FRC) standards.

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Standards updates

The updates on this page provide details of Actuarial Profession Standards (APSs) which have been amended, withdrawn or newly issued, and updates from the Financial Reporting Council

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Professional Support Service

The Professional Support Service (PSS) is a free support service for Institute and Faculty of Actuaries (IFoA) members

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Standards Framework Review

Report on the Standards Framework Review

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