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Archive of withdrawn standards

Archived versions of our Actuarial Profession Standards (APSs) are provided in this listing

Current versions of our APSs are available on the Professional Standards Directory page.

Archived Actuarial Profession Standards (APSs)

Title Document link
APS P1 

Conflicts of Interest and Actuaries: A Note for Pension Scheme Trustees v1.1

Conflicts of Interest: A Guide for Employers of Actuaries v1.0

The Actuaries’ Code

The Actuaries’ Code Version 1.0 (October 2009)

The Actuaries' Code Version 2.0 (October 2013)

Replaced by Version 3.0 (effective 18 May 2019)

The Standards Decision Tree

The Standards Decision Tree

APS X3 The Actuary as an Expert in Legal Proceedings

The Actuary as an Expert in Legal Proceedings (Version 1.0) (effective 01.01.2015)
(replaced by Version 2.0) (effective 20.04.2018)

APS D1 Investment Related Business Activities for Authorised Professional Firms Version 1.0 (effective 01.12.2009)
Replaced by Version 2.0 (effective 01.03.2013)
Replaced by Version 3.0 (effective 01.07.2016)
APS G1

The Chief Actuary in Non-Life Insurance (Version 1.0) (effective 01.01.2016)
Replaced by Version 2.0 (effective 01.09.2017)

APS G2

Actuarial Reporting for Lloyd's Syndicates Writing US Business Version 1.0 (effective 15.12.2010)
Replaced by Version 1.1 (effective 01.04.2014)

APS L1

Duties and Responsibilities of Life Assurance Actuaries (Version 1.1) (effective 01.04.2014)
Replaced by Version 2.0 (effective 01.01.2016)
Replaced by Version 3.0 (effective 01.09.2017)

APS L1

Duties and Responsibilities of Life Assurance Actuaries Version 1 (effective 01.10.2011)
Replaced by Version 1.1 (effective 01.04.2014)

APS L2 The Financial Services and Markets Act 2000 (Communications by Actuaries) Regulations 2003 Version 1.0 (effective 01.10.2011)
Replaced by Version 1.1 (effective 01.04.2014)
APS P1

Duties and Responsibilities of Pensions Actuaries Version 1.0 (effective 01/04/2011)
Replaced by Version 2.0 (effective 01.07.2013)

APS P2

Compliance review: Pensions Version 1.0 (effective 01.04.2011)
Replaced by Version 1.1 (effective 01.04.2014)

Compliance review: Pensions Version 1.1 (effective 01.04.2014)
Replaced by APS X2: Review of Actuarial Work (effective 01.07.2015)

GN5

The prudential supervision outside the UK of long-term insurance business Version 3.0 (effective 01.09.2003)
Replaced by Version 3.1 (effective 01/12/2007 - withdrawn on 01.07.2017)

GN29

Occupational Pension Schemes – Advisers to the Trustees
Version 6.0

(effective 06.04.2005) Withdrawn

Occupational Pension Schemes – Advisers to the Trustees
Version 7.1 (effective 31.03.2008)

Withdrawn 31.03.2011

GN37

The Financial Services and Markets Act 2000 (communications by Actuaries (Regulations 2003) Version 2.0 (effective 01.02.2006)
Withdrawn 30.09.2011

GN39

General Responsibilities of and Relationships Between Actuarial Function Holders, With-profits Actuaries, Appropriate Actuaries, and Reviewing Actuaries, of UK Life Insurance Firms and Friendly Societies
Version 1.0
(effective 31.12.2004)

General Responsibilities of and Relationships Between... Version 1.1 (effective 31.12.2004)

General Responsibilities of and Relationships Between... Version 2.0 (effective 01.02.2006)

General Responsibilities of and Relationships Between... Version 2.1 (effective 01.02.2006)
Withdrawn 30.09.2011

GN42

The Reviewing Actuary Version 1.0 (effective 31.12.2004)
Adopted by BAS on 19.05.2006

The Reviewing Actuary Version 2.0 (effective 01.06.2006)
Re-adopted by the Actuarial Profession on 01.12.2008

The Reviewing Actuary Version 2.1 (effective 01.12.2008)
Withdrawn 30.09.2011

GN48

Compliance Review: Pensions Version 1.0 (effective 31.12.2004)

Compliance Review: Pensions Version 2.0 (effective 01.01.2007)

Compliance Review: Pensions Version 2.1 (effective 01.02.2010) Withdrawn 31.03.2011

GN51

Retirement Benefit Schemes – Modification of Subsisting Rights Without Consent Version 1.0 (effective 06.04.2006)

Retirement Benefit Schemes – Modification of Subsisting Rights Without Consent  Version 1.1 (effective 06.11.2006)

Retirement Benefit Schemes – Modification of Subsisting Rights Without Consent Version 1.2 (effective 01.12.2008)
Withdrawn 31.03.2011

Acting as Non-Executive Directors  effective from 18.05.19

Contact Details

If you have any enquiries about archived standards please email

regulation@actuaries.org.uk

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Events calendar

  • Asia Conference Webinar Series

    Webinars
    7 September 2020 - 25 September 2020

    Spaces available

    There will be a prestigious line-up of international speakers discussing the insurance and financial industry’s innovation and change in Asia.  The conference will take place throughout September via an online platform. The webinars consist of plenary speaking sessions and a series of workshop sessions including Life, GI, Data Science, Sustainability, Risk Management and Investment.

    This will be the perfect opportunity for you to discover,ask questions and be at the forefront of current and developing actuarial/financial topics and trends in Asia.

     

  • Spaces available

    This free 90 minute webinar is designed to support the IFoA CPD Co-ordinators, and others, involved in supporting our members to achieve their CPD requirements. 

    The programme will include an overview of the new CPD Scheme; specifically sharing with you key messages to support you implement and embrace the new CPD Scheme for our members within your organisation and regional community; how to arrange a reflective practice discussion; and an interactive reflective practice discussion learning exercise.  In addition, delegates will gain information about accessing, and making the most of the IFoA event Toolkits which you can make use of to run your own in-house events and events for regional communities. 

  • Spaces available

    16.00-17.00 GMT+8

    Consumer expectations are changing Insurance. The Royal Commission in Australia, Design Obligations in the UK, the insurtech ecosystem, and digital-first consumers demanding personalised solutions will all revolutionise how insurance looks like in the future.

  • Spaces available

    12.00-13.00 GMT+8

    This presenter / panel workshop hybrid will be anchored by two presentations examining the socioeconomic, medical and technological factors that will have a significant impact on mortality and our pricing over the next 20 years and beyond. It will also discuss whether significant mortality improvement will continue in Asia or whether varying experience of low improvements or deterioration. 

  • Spaces available

    12.00-13.00 GMT+8

    This presentation aims to provides an overview of the reformation of current Chinese regulatory solvency regime, how industry coping with the new normal after pandemic time and how the reformation of the regulation could help the insurance industry gets back on its feet as well as coming back to the “protection” core value for the policyholders. The presentation would include:

  • Spaces available

    16.00-17.00 (GMT+8) | 09.00-10.00 (BST)

    The basic data of China’s 2nd Critical Illness Mortality Table covers 2000+ products in Chinese market, including about 340 million insurance policies and 5.1 million claimants. Presenter will give the audience a general understanding including but not limited to the following contents:

  • Autumn Lecture 2020: Professor Elroy Dimson

    Online webinar
    14 October 2020

    Spaces available

    Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.

  • GIRO Conference 2020 Webinar Series

    Available to watch globally in November.
    02-13 November 2020
    Spaces available

    This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.

  • 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

    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.