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The Actuaries' Code Principle 1 - Integrity

Principle 1 - Integrity

1. Members must act honestly and with integrity.

1.1 Members must show respect for others in the way they conduct themselves.

1.2 Members should respect confidentiality.

Members of the IFoA are expected both by the profession and the wider community to demonstrate high standards of behaviour. This means acting honestly and with integrity at all times. Behaviour out with a Member’s professional life can also have a bearing on the profession and the principle therefore applies to a Member’s personal life too.

Find out more in our Guidance on the Integrity Principle of the Actuaries’ Code. You can read the Guidance online, download a copy, or view the questions below which will take you to the corresponding part of the Guidance:

What is Integrity?

What do you mean by integrity?

What type of behaviour do I need to consider?

Does the IFoA expect me to act with integrity outside my actuarial role?

Applying the principle to your work

How do I act with integrity in my daily work?

How does integrity affect my interaction with colleagues, clients and anyone else?

Does respecting others restrict the freedom to voice my opinions?

Duty of confidentiality

What is the duty of confidentiality?

How do I know what information is confidential?

In what circumstances is it justified to disclose confidential information?

Where can I find more guidance on the interaction between the duty of confidentiality and the duty of disclosure?

Where can I find more guidance on the relation between confidentiality and conflicts of interest?

 

Contact Details

For further information contact:

code@actuaries.org.uk

Regulation Team, The Institute and Faculty of Actuaries, Level 2, Exchange Crescent, 7 Conference Square, Edinburgh, EH3 8RA

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Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Fully booked.

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

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    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    Online
    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.

    The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.

  • Life 2021 Webinar Series

    Online
    22 November 2021 - 26 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.