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EDs 27 and 28: Consultation meeting at Staple Inn, Wednesday 22 June

10 June 2011

The Actuarial Profession will be holding an open public consultation meeting for ED 27 and ED 28 at Staple Inn, High Holborn, London, WC1V 7QJ on 22 June 2011 at 17.30.  Refreshments will be served from 17.00. 

Members are encouraged to attend this consultation meeting for which they are entitled to claim up to one hour of CPD.  Please remember to sign the attendance sheet to verify attendance and, again, to record attendance in your on-line CPD record.  Details of the open consultation meeting to be held in Edinburgh will be posted on the Profession's website shortly.

In order for us to gauge participant numbers, we should be grateful if you could please reply via email to karen.cross@actuaries.org.uk if you are planning to attend this meeting.

Background to the consultation

The Actuarial Profession has issued for consultation Exposure Draft 27 of APS L1: Duties and responsibilities of life assurance actuaries (ED 27) and Exposure Draft 28 of APS L2: The Financial Services and Markets Act 2000 (communications by actuaries) Regulations 2003 (ED 28)

  • ED 27 can be accessed here
  • ED 28 can be accessed here
  • The accompanying communication to members can be found here 

Comments are invited on all aspects of ED 27 and ED 28, including both the substance and the detailed wording.  The deadline for comments is 10 August 2011, although given the tight implementation timescale, it would be helpful if responses could be submitted as soon as possible through Survey Monkey at:

If preferred, responses can be sent be sent via e-mail to: consultations@actuaries.org.uk.  The Survey Monkey questions for both ED 27 and ED 28 can also be found in PDF form by clicking here

Members are entitled to claim up to one hour private study CPD time for reading the communications on ED 27 and ED 28, and completing the relevant questionnaires provided that the topics are relevant  and/or developmental for you.  (30 minutes of CPD for ED 27 and 30 minutes of CPD for ED 28).  If you choose to do so, please remember to record your learning outcome within your on-line CPD record.