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Non-mandatory guidance

The Institute and Faculty of Actuaries (IFoA) produces non-mandatory guidance for IFoA members, their employers and other stakeholders

It is not compulsory for members to comply with this material. In accordance with the Actuaries’ Code, IFoA members are expected to demonstrate the highest standard of professional conduct.  In order to do so, members should comply with ethical standards to ensure that the trust placed in members by users/employers/other stakeholders continues to be justified.

In order to assist members to comply with such obligations, and to build on the requirements set out in the Actuaries’ Code, the IFoA has produced the following non-mandatory guidance:

Topic Guidance
Acting as Non-Executive Directors
Actuarial Software and Calculations - Professional Responsibilities
The Actuaries' Code - Guidance to support the principles and amplifications in the Actuaries’ Code
Actuary as an Expert in Legal Proceedings
Applying Standards to Actuarial Work
Compensation for Professional Shortcomings
Conflicts of Interest
Data Science Ethics
Designated Professional Bodies (DPB)
Ethical and Professional Data Science
Funeral Plans
Memoranda of Understanding
Review of Actuarial Work
Risks of Derivative Exposures
Technical Actuarial Standard (TAS) 100
Transition from APS P2 to APS X2
Whistleblowing and Speaking Up 

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Contact Details

If you have any enquiries about non-mandatory guidance please email

regulation@actuaries.org.uk

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