A list of the completed regulatory consultations and discussion papers produced by the Institute and Faculty of Actuaries (IFoA)

These completed consultation and discussion papers will help you understand the rationale behind our standards and guidance materials.

Topic Consultation period Supporting documents
Revised APS P1 7 September 2020 – 7 January 2021 

Proposal for a new CPD Scheme 

24 January 2020 - 17 April 2020 
Proposal for the introduction of a new Actuarial Profession Standard APS X5: Compensation for Professional Shortcomings 17 December 2019 - 17 February 2020
ED36: Social Security Programmes (APS X4) 17 April 2019 to 17 July 2019
Proposal for monitoring of the quality of actuarial work 29 June 2018 - 12:00, 28 September 2018
Qualification Framework proposal November 2017 to February 2018
Proposed changes to the Actuaries’ Code October 2017 to January 2018
Introduction of APS G1: The Chief Actuary in Non-Life Insurance September 2015 to 4 November 2015
Amendments to APS L1: Duties and responsibilities of Life Actuaries September 2015 to 4 November 2015
The Regulation of the Chief Risk Officer under the Solvency II regime December 2014 to February 2015
The Regulation of the Chief Actuary under the Solvency II regime December 2014 to February 2015
ED34: Duties and Responsibilities for Actuaries working for Trust-Based pre-Paid Funeral Plans (APS Z1) November 2014 to February 2015
ED33: Applying Standards to Actuarial Work (APS X1) May 2014 to August 2014
ED32: Actuarial Quality and Peer Review (APS X2) November 2013 to February 2014
ED31: The Actuary as an Expert (APS X3) October 2013 to December 2014
The Regulation of Actuarial Roles under the Solvency II regime April 2013 to June 2014
Review of Life Practising Certificates May 2014
ED30: Quality Assurance Scheme (QAS) May 2013 to July 2013
Actuaries' Code March 2013 to April 2013
Life APSs
ED27: APS L1 and ED28: APS L2
July 2012
Conflicts of interest consultation paper October 2011
Conflicts of interest discussion paper 
Pensions APSs
ED24: APS P1 and ED25: APS P2
April 2011 Feedback and responses document
Pensions APSs
ED24: APS P1 and ED25: APS P2
April 2011

Practising certificate regime


October to December 2010
Conflicts of Interest June to September 2010
CPD Scheme March to May 2010


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Events calendar

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    Climate-Related Risk - This free to view webinar on Climate-Related Risk is the first in a series focusing on some of the ‘Hotspots’ identified in the JFAR Risk Perspective bringing the Risk Perspective to life with practical illustrations and insights from subject experts from the IFoA and other Regulators

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    Recent decades have seen institutions, such as employers and financial services, give people more choice and flexibility, but these freedoms have come with more responsibilities. Individuals are now responsible for managing more of their own financial risks, from ensuring they put enough money into their pension to securing affordable protection to be financially resilient.

  • Actuarial Innovation in the COVID-19 era

    This event is online. 
    26 April 2021 - 7 May 2021
    Spaces available

    Join us for this brand new IFoA webinar weries comprising of a fortnight of webinars, panel sessions and a hackathon, that showcase the range of ways in which the actuarial profession has added value, in the public interest, to the understanding and management of the current and future pandemics through insight and learning.

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    This event is now temporarily closed on Monday 26 April, but the session will be repeated on Tuesday 27 April, 09.00-10.30. Please click here to register your place. 

    Actuaries have a lot to offer biodiversity management over the next decade as the world develops more depth to its response to this global challenge. This sessional offers an opportunity to learn about this emergent risk, to contribute to our thinking as a profession and help us develop the next steps forward.

  • Europe Town Hall

    28 April 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual Europe Town Hall, hosted by John Taylor with IFoA Council Members Alan Rae, Jennifer Hartley, Maribel Vasquez Flores and IFoA Chief Executive, Stephen Mann.

  • Spaces available

    Sessional Meeting - Free to viewMis-estimation risk is a key element of demographic risk, and past work has focused on mis-estimation risk on a run-off basis.  However, this does not meet the requirements of regulatory regimes like Solvency II, which demands that capital requirements are set through the prism of a finite horizon like one year.  This paper presents a value-at-risk approach to mis-estimation risk suitable for Solvency II work

  • Finance & Investment Virtual Conference 2021

    Available to watch globally in May.
    10-12 May 2021
    Spaces available

    This year's Finance and Investment Virtual Conference takes on the timely theme of ‘resilience’, something we have all learnt a lot more about in the last year! Our diverse range of talks will explore the theme of resilience in a variety of ways including in building robust investment portfolios, in the incorporation of ESG factors, in govern

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    This talk will explore the potential benefits that wearable tech can bring to health & protection insurers and their customers. The traditional approach of integrating wearables into insurance has largely focused on measuring steps and using rewards-based incentive programs to encourage more activity.

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    Join us for this talk with Professor Sir Adrian Smith as part of the 'Dr Patrick Poon Presidential Speaker Series'. Professor Smith joined The Alan Turing Institute as Institute Director and Chief Executive in September 2018. In November 2020, he became President of the Royal Society, in addition to his leadership of the Turing. He is also a member of the government's AI Council, which helps boost AI growth in the UK and promote its adoption and ethical use in businesses and organisations across the country. He received a knighthood in the 2011 New Year Honours list.


  • CILA 2021

    Available to watch globally in May.
    19-21 May 2021
    Spaces available

    We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; on-going financial consequences of the COVID pandemic; or self-imposed changes in regulatory requirements and accounting standards.

  • Pensions Conference 2021

    Online webinar series
    16-22 June 2021
    Spaces available

    Welcome to the programme for our 2nd Virtual Pensions Conference. This year's conference features 11 webinars offering members and non-members the opportunity to get up to date content from leading experts in the pension industry. There will also be opportunity to ask questions and contribute to the discussion.