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

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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Contact Details

If you have any enquiries about closed consultations please email

regulation@actuaries.org.uk

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Start date
E.g., 25/11/2020
End date
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Events calendar

  • Spaces available

    The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.

  • Spaces available

    Retail banking is going through a period of substantial change as it moves into the digital age. Banks have large amounts of data about their customers and about their risks. Open data application programming interface (APIs) and data science are enabling banks to use their data to offer innovative and sometimes personalised services. Data science is also adding value in risk areas such as fraud detection and cyber security. At the same time, the move to online banking is making it easier for firms including fintechs to enter banking without having to establish branch networks.

  • UK Town Hall 08:30-09:30

    Webinar
    4 December 2020

    Spaces available

    IFoA President Tan Suee Chieh would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual UK Town Hall 2020, hosted by Tan Suee Chieh with IFoA’s Immediate Past President, John Taylor, President Elect, Louise Pryor and IFoA Chief Executive, Stephen Mann.  

  • UK Town Hall 10:00-11:00

    Webinar
    4 December 2020

    Spaces available

    IFoA President Tan Suee Chieh would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual UK Town Hall 2020, hosted by Tan Suee Chieh with IFoA’s Immediate Past President, John Taylor, President Elect, Louise Pryor and IFoA Chief Executive, Stephen Mann.  

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report. 

  • Spaces available

    Running off the £2 trillion of UK corporate sector defined benefit liabilities in an efficient and effective fashion is the biggest challenge facing the UK pensions industry. Trustees and sponsors overseeing those schemes need to be clear on their target end-state and the associated journey plan – but too few have well articulated and robust plans.

  • Spaces available

    The actuarial skill set has much to offer the banking industry. So many of the skills that actuaries acquire during their working life translate across to the world of banking and yet banking is perceived as an alien environment to many actuaries. But is it?

  • Spaces available

    Covid-19 has required an urgent and cross-practice initiative to facilitate the extensive impact this pandemic has across all industries. IFoA members have been keen to contribute in a different way, so we developed the IFoA Covid-19 Action Taskforce [ICAT] to coordinate our effort, with a more efficient governance.

    We have over 500 volunteers and countless topics which we have amalgamated into 93 workstreams.