As a result of the Morris Review, with effect from May 2006 technical actuarial standards have been set by a new independent body, the Board for Actuarial Standards, working under the Financial Reporting Council who also oversee the Profession's broader regulatory responsibilities. This creates the opportunity to review the role of the Professional Body in the post-Morris world.

In September 2005, the Profession's Strategy and Policy Committee published a discussion paper entitled The Actuarial Profession - Strategy Review as the basis for consultation on the future role and direction of the Professional Body. We invited responses from members to a list of consultation questions and received substantial feedback.  

For more information:

• Strategic statement of the Actuarial Profession
• Corporate plan 2008/2009
• Morris Review of the Actuarial Profession
• New strategy for the Profession