19 August 2024
We are seeking your views on your confidence in applying Actuarial Professional Standard (APS) X2: Review of Actuarial Work.
The IFoA sets standards, as part of our regulatory role, to support members in maintaining public confidence in the actuarial profession. APS applies to all IFoA members whichever practice area they work in and wherever in the world they are located.
ASP X2 sets out our requirements for work review and independent peer review. This includes the requirement that members consider of whether a piece of actuarial work requires a work review or independent review and outlines what members should consider when making these decisions.
To make sure you have all the support you need, we want to understand how confident you are in determining whether a piece of actuarial work requires review, whether the support material for understanding and applying APS X2 are helpful in making these decisions and whether we can better support you in making these decisions with addition supporting materials.
Let us know your views by taking part in our poll below.
Once you have voted in the poll you will have an opportunity to provide more detailed feedback on your experience of applying APS X2.
Are you confident in determining whether actuarial work requires review (under the terms of APS X2)?
If you have any questions about APS X2 please contact the IFoA’s Regulatory Policy Team at regulation@actuaries.org.uk