On 25 September 2025 three changes were made to the Actuaries鈥� Code.
In brief, the changes to the Code were as follows:
The changes came into effect on 25 September 2025.
The Actuaries鈥� Code applies to all IFoA Members regardless of where geographically they are based or working.鈥�
As with all provisions of the Actuaries鈥� Code, the provisions introduced on 25 September 2025 apply to all Members鈥� conduct in relation to an actuarial role, and to other conduct where it could reasonably be considered to reflect upon the profession.
More information on the scope of the requirements of the Actuaries鈥� Code can be found in the Actuaries鈥� Code Guidance (linked below).
Members are encouraged to read through the Code so that they are familiar with the most recent version.鈥�
To accompany the version of the Code introduced on 25 September 2025 material was added to the Actuaries鈥� Code Guidance to assist members in understanding how to apply the Code in practice.鈥�
If Members have specific queries about applying the Code, or have particular situations they would like some help with, support is available through the IFoA鈥檚 Professional and Regulatory Support Helpdesk, which provides access to the IFoA team as well as a panel of experienced actuaries.
that explains the changes introduced in September 2025 and how those are expected to apply in practice.
Members should also look out for new Professional Skills Training content, which will help with understanding the application of the new requirements.
The reasons for introducing the changes are explained on the IFoA website. This follows an extensive period of engagement and consultation.
The IFoA鈥檚 reports of the consultations and feedback can also be found on the IFoA website.