Versions issued before 19 May 2006

In terms of the Memorandum of Understanding between the Profession and the Financial Reporting Council dated 17 May 2006, the Board for Actuarial Standards (BAS) now bears primary responsibility for the setting of actuarial technical standards.

With effect from 19 May 2006 the BAS adopted, as BAS Standards, most of the technical Guidance Notes previously forming part of the Manual of Actuarial Practice. Following amendments to relevant legislation by the Department for Work and Pensions (DWP) additional Guidance Notes were adopted by the BAS as BAS Standards on 6 April 2007, leaving the Profession responsible for the setting and maintenance of ethical standards. In light of these changes, the Manual of Actuarial Practice has now been renamed as the "Actuarial Profession Standards".

This web page is designed to permit members and others to view the contents of the Manual of Actuarial Practice in the form published by the Profession between 1 May 1991 and 18 May 2006, and also earlier versions of the Guidance Notes issued prior to the creation of the Manual.

The current version of the Actuarial Profession Standards, along with the current BAS standards may be accessed in the Professional Standards Directory.

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Memorandum on professional conduct | Advice on professional conduct | Statutory duties of the actuary | Due process for approving professional guidance

A: Professional Conduct Standards

Formerly the Memorandum and Advice on Professional Conduct

B: Guidance Notes

Additional Material

Both the above documents were superseded by the Professional Conduct Standards