Actuarial Profession Standards (APS)

Institute and Faculty of Actuaries (IFoA) members must comply with Actuarial Profession Standards (APSs)

APSs apply to all IFoA members regardless of location.

Actuarial Profession Standards (APSs)

APS Title	APS document link
APS X1	Applying Standards to Actuarial Work (Version 1.0) (effective 01.07.2017) See also Non-mandatory guidance
APS X5	Compensation for Professional Shortcomings (Version 1.0) (effective 20.11.2020) See also Compensation for Professional Shortcomings - Guide
APS G1	The Chief Actuary in Non-Life Insurance (Version 2.0) (effective 01.09.2017)
APS L1	Duties and Responsibilities of Life Assurance Actuaries (Version 4.0) (effective 02.04.2024)
APS Z1	Duties and responsibilities for actuaries working for UK Trust-based Pre-Paid Funeral Plans (effective 19.11.2023)
APS QA1	Quality Assurance for Organisations (Version 3.0) (effective 01.04.2022)
APS X2	Review of Actuarial Work (Version 1.0) (effective 01.07.2015) See also Non-mandatory guidance
APS X3	The Actuary as an Expert in Legal Proceedings (Version 2.0) (effective 20.04.2018) See also Non-mandatory guidance
APS X4	Social Security Programmes (effective 27.02.2020)
APS D1	Investment Related Business Activities for Authorised Professional Firms (Version 3.0) (effective 01.07.2016) See also Non-mandatory guidance
APS G2	Actuarial Reporting for Lloyd's Syndicates Writing US Business (Version 1.1) (effective 01.04.2014)
APS L2	The Financial Services and Markets Act 2000 (Communications by Actuaries) Regulations 2003 (Version 1.1) (effective 01.04.2014)
APS P1	Duties and Responsibilities of Members Undertaking Work In Relation to Pension Schemes (Version 4.0) (effective 01.03.2023)

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Review of Actuarial Work - General Insurance

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