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Conflicts of interest

Conflicts of interest is one of the key regulatory areas for the Institute and Faculty of Actuaries (IFoA) and its members

As highly trained professionals, actuaries are in a privileged position of trust.  Therefore they are required to act in accordance with relevant ethical principles.

The Actuaries' Code defines five key ethical principles which members are expected to observe in the public interest and to promote confidence in the work of actuaries and in the actuarial profession

These five principles are:

  • Integrity
  • Competence and care
  • Impartiality
  • Compliance
  • Communication

As one of the five key principles of the Actuaries’ Code, impartiality is placed in sharp focus in the context of professional conflicts of interest, actual or perceived

Impartiality in the context of the Actuaries' Code means that:

members will not allow bias, conflict of interest, or the undue influence of others to override their professional judgement.

Our approach to the regulation of conflicts is robust and proportionate and targeted at the regulatory and behavioural outcomes that we are seeking to bring about

The IFoA's conflicts of interest package contains:

Contact Details

If you have any enquiries about conflicts of interest please email

conflicts@actuaries.org.uk