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Standard setting at the IFoA

As part of its regulatory function, the IFoA sets and maintains a framework of codes, standards and non-mandatory guidance for its members. It does so in a way that is principles-based and outcomes focused. The emphasis is on resolving causes of public interest concern, and steers away from process-focused and ‘tick-box’ models.

The IFoA has published a document 'Standard Setting at the IFoA' to provide information for members, users of actuarial services and the wider public about the IFoA’s framework of professional standards and to ensure transparency around the principles adopted in relation to standard setting at the IFoA.

Standard setting at the IFoA

You can read more about the IFoA’s standard setting role in its Refreshed Regulatory Policy Statement.

Should you have any questions about this document or standard setting at the IFoA then please contact the Regulation Team.

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If you have any questions about standard setting at the IFoA please email

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Events calendar

  • Asia Conference 2021 webinar series

    Online webinar series
    26 July 2021 - 30 July 2021
    Spaces available

    We have made it through 2020 but the COVID-19 crisis continues to have a significant impact on individuals, societies, businesses and the wider economy across the globe. Navigating the world post COVID-19 in an uncertain and highly unstable time brings along many uncertainties, challenges and exciting opportunities. Hence the theme of this year’s IFoA Asia Conference Webinar Series is “Risk. Adapt. Thrive.”

  • CMI Income Protection

    30 July 2021

    Spaces available

    In April 2021, the CMI Income Protection Committee published Working Paper 149, which detailed the changes to analysis methodology for the Income Protection Investigation and the impact of past data issues. This webinar will provide an overview of the changes in the analysis approach and discuss the adjustments to the IP11 claim inceptions graduations.

  • Spaces available

    Louise Pryor, IFoA President, will chair this free-to-view session, in which Alex Darsley, TPR, Actuarial Regulatory Policy, will be discussing the regulator’s Climate Change Guidance Consultation, which is seeking views on new guidance designed to help trustees meet tougher standards of governance in relation to climate change ri

  • Spaces available

    Risk Management Webinar ProgrammeInternal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible?  This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them.

  • Spaces available

    Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.