Conflicts of interest: package published29 June 2012
The full package of material, which includes Actuarial Profession Standards (APSs) for pensions (APS P1) and life actuaries (APS L1 – which came into force on 1 October 2011), a guide for actuaries on conflicts of interest and a note for pension scheme trustees, can be found here.
An accompanying feedback and final proposals document which charts the development of the package following the consultation last year, can also be found here.
The Working Party is also planning information evenings to explain how the conflicts of interest package will operate and to discuss the potential implications and practical effects it may have on members. The sessions are designed to help prepare members and firms in advance of the full regulations implementation date of 1 July 2013. The dates and venues are:
- 12 July – London, Staple Inn: 5.30–7.00pm
- 19 July – Edinburgh, Maclaurin House: 5.30-7.00 pm
- 2 August – York: Aviva Office, Board Room 6th floor, Wellington Row, York, YO90 1WR: 5.30-7.00pm
These initial evenings are open to all members but are primarily targeted at CPD co-ordinators and professionalism committee members. More events targeted at members in general will be held during October to December 2012. Further information will be made available closer to those dates.
Members are entitled to claim up to one and a half hours of CPD for their participation in one of these evenings. Please remember to sign the attendance sheet to verify your attendance and to record it in your on-line CPD record.
If you plan on attending one of the above events, it would be appreciated if you could RSVP to firstname.lastname@example.org. Drinks and nibbles will also be provided.