| 2019 updates | |
|---|---|
| Update 45, Issued 19 March 2019 |
Minor amendment to standard APS X1 Applying Standards To Actuarial Work |
| 2018 Updates | |
|---|---|
| Update 44 Issued 20 April 2018 |
Revised Standard: APS X3 The Actuary as an Expert in Legal Proceedings |
| 2017 Updates | |
|---|---|
| Update 43 Issued 1 August 2017 |
Revised Standards come into effect on 1 September 2017: APS G1: The Chief Actuary in Non-Life. Version 2.0 APS L2: Duties and Responsibilties of Life Assurance Actuaries. Version 3.0 Read full update |
| Update 42 Issued 29 March 2017 |
TAS 100: Prinicples for Actuarial Work Read full update |
| 2016 Updates | |
|---|---|
| Update 41 Issued 16 December 2016 |
APS X1: Applying Standards to Actuarial Work; and TAS 100: Principles for Actuarial Work Read full update |
| Update 40 Issued 18 May 2016 |
Revised Standard: APS D1 Investment Related Business Activities for Authorised Professional Firms Read full update |
| 2015 Updates | |
|---|---|
| Update 39 Issued 1 December 2015 |
Revised Standard: APS L1 Duties and Responsibilities of Life Assurance Actuaries Read full update |
| Update 38 Issued 1 December 2015 |
New Standard: The Chief Actuary in Non-Life Insurance: APS G1 Introduced Read full update |
| Update 37 Issued 30 November 2015 |
New Standard: Duties and Responsibilities for Actuaries Working for UK Trust-Based Pre-Paid Funeral Plans: APS Z1 Introduced Read full update |
| Update 36 Issued 08.07.2015 |
New Guidance on the Actuary and Activities Regulated under FSMA 2000 and the withdrawal of the IAN: The Actuary and Activities Regulated under FSMA 2000 Read full update |
| Update 35 Issued 16.03.2015 |
Withdrawal of APS P2, effective 1 July 2015 |
| Update 34 Issued 29.01.2015 |
APS X2: Review of Actuarial Work – Version 1.0, effective from 1 July 2015 |
| Update 33 Issued 09.01.2015 |
AS TM1: Statutory Money Purchase Illustrations – Version 4.1, effective from 6 April 2015 |
| 2014 Updates | |
|---|---|
| Update 32 Issued 24/10/2014 |
APS X3: The Actuary as an Expert in Legal Proceedings - Version 1.0, effective 01.01.2015 Read full update |
|
Update 31 |
APS P2: Compliance Review - Pensions - Version 1.1 APS G2: Actuarial Reporting for Lloyd's Syndicates writing US business - Version 1.1 APS L1: Duties and responsibilities of Life Assurance actuaries - Version 1.1 APS L2: The Financial Services and Markets Act 2000 (Communication by actuaries) Regulations 2003 - Version 1.1 |
| 2013 Updates | |
|---|---|
| Update 30 Issued 26.09.2013 |
Actuaries' Code (version 2.0) Update |
| Update 29 Issued 31.05.2013 |
APS P1: Duties and Responsibilities of Members Undertaking Work in Relation to Pension Schemes (version 2.0) Update |
| Update 28 Issued 15.02.2013 |
IAN: The Actuary as an Expert Witness (version 2.0) Update |
| Update 27 Issued 29.01.2013 |
AS TM1: Statutory Money Purchase Illustrations (version 3.0) Update |
| 2012 Updates | |
|---|---|
| Update 26 Issued10.05.2012 |
Deletion of IAN : The Risks of Derivative Exposure Update |
| Update 25 Issued 20.01.2012 |
TM1 Statutory Money Purchase Illustrations (Version 2.0; 22 December 2011) Update |
| 2011 Updates | |
|---|---|
| Update 24 Issued 01.09.2011 |
Cross-practice Area Announcement: New TASs and Withdrawal of GNs (effective 1 October 2011) Update |
| Update 23 Issued 01.03.2011 |
New Pensions APS APS P1: Duties and Responsibilities of Pensions Actuaries (effective 1 April 2011; Version 1.0) Update APS P2: Compliance Review - Pensions (effective 1 April 2011; Version 1.0) Update |
| Update 22 Issued18.02.2011 |
Funeral Plans TAS Update |
| 2010 Updates | |
|---|---|
| Update 21 Issued 02.12.2010 |
Amendments to GN09: Funding Defined Benefits (version 9.0) and GN12: General Insurance Business - Actuarial Reports (version 5.0) Update |
| Update 20 Issued 15.11.2010 |
APS G2: Actuarial Reporting for Lloyd's Syndicates Writing US Business Update. |
| 2009 Updates | |
|---|---|
| Update 19 Issued 29.12.2009 |
GN48: Compliance Review - Pensions (effective 1 February 2010) Update |
| Update 18 Issued 31.10.2009 |
APS D1 - Investment Related Business Activities for Authorised Professional Firms which (effective 1 December 2009) Update |
| Update 17 Issued 01.09.2009 |
Presidents Endorse new Actuaries' Code Update From 1 October 2009, any reference to the PCS in existing Guidance Notes maintained by the Profession or the BAS, should be read as referring to the Actuaries' Code. |
| 2008 Updates | |
|---|---|
| Update 16 Issued 01.11.2008 |
Re-adoption of Guidance Notes Update Members will be aware that responsibility for Technical Standards passed to the Board for Actuarial Standards with effect from April 2006. As part of this process, the Profession transferred the responsibility for a large number of its Guidance Notes to the BAS on 19 May 2006. |
| Update 15 Issued 22.09.2008 |
BAS Standards - GN11: Retirement Benefit Schemes - Transfer Values Update |
| Update 14 Issued 25.03.2008 |
BAS Standards - GN19: Retirement Benefit Schemes Winding-up and Scheme Asset Deficiency Update |
| Update 13 Issued 13.03.2008 |
Actuarial Profession Standards - GN29: Occupational Pension Schemes - Advisers to the Trustees Update |
| Update 12 Issued 31.01.2008 |
BAS Standards GN09: Funding Defined Benefits - Presentation of Actuarial Advice Update GN11: Retirement Benefit Schemes - Transfer Values Update GN22: Disclosure - FSA Rules Update |
Contact Details
If you have any enquiries about standards updates please email
Filter or search events
Events calendar
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Sessional Event: The IFRS 17 Contractual Service Margin: A Life Insurance Perspective
Webinar5 October 2020
Delivered by the IFRS 17 Contractual Service Margin working party. -
Why Certified Actuarial Analysts add value to employers, including both insurers and consultancies
Webinar6 October 2020
The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields. -
Why Certified Actuarial Analysts add value to employers
Webinar6 October 2020This session is a repeat of the one earlier today at 09:30 -
Autumn Lecture 2020: Professor Elroy Dimson
Online webinar14 October 2020
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
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.
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Life Conference 2020 Webinar Series
Online16 November 2020 - 27 November 2020
This year's Life Conference 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 life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.
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Autumn Pensions Webinar: Update from The Pensions Regulator (TPR)
Webinar1 December 2020
This webinar will provide an update on the emerging thinking around future regulation of DB schemes:
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Autumn Pensions Webinar: To the end game and beyond
Webinar2 December 2020The 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. -
Autumn Pensions Webinar: Cash is King - What next for CDI?
Webinar4 December 2020Cash-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. -
Autumn Pensions Webinar: Legal update - The letter of the law
Webinar7 December 2020Patrick 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 -
Autumn Pensions Webinar: Impact of Dividends
Webinar8 December 2020The 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.
Delivered by the IFRS 17 Contractual Service Margin working party.
The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields.
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.
