APS X2 imposes requirements in relation to Work Review and Independent Peer Review. If you are an IFoA member it applies to you, regardless of:
APS X2 came into force on 1 July 2015 and is accompanied by guidance on the new APS and on the transition from the now withdrawn APS P2.
Throughout 2017 and 2018 the IFoA undertook a post implementation review of APS X2, looking at how the standard is working in practice and whether it is effective and achieving its objectives. Overall the review found that APS is understood, and being utilised and implemented appropriately. You can also read more about the conclusions of the post implementation review.
As part of the review the IFoA has developed some additional case studies, vignettes and a short quiz to help deepen members' understanding of the requirements of APS X2. The full suite of APS X2 guidance and educational materials can be found below
| Introductory Meeting Videos |
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| London, 8 June 2015 |
| Webinar, 18 June 2015 |
| Introductory Presentations |
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| Edinburgh, 21 May 2015 |
| London, 8 June 2015 |
| 2015 Case Studies |
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| 2015 General (used at webinar) |
| 2015 General Insurance |
| 2015 Life Assurance |
| 2015 Pensions |
| 2019 Vignettes |
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| Going Solo |
| Hot vs Cold Review |
| Taking Note |