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Actuarial Profession Standard (APS) X2

Here you can find materials to help support your compliance with APS X2

APS X2 applies to all members of the IFoA

APS X2 imposes requirements in relation to work review, including independent peer review. If you are an IFoA member it applies to you, regardless of: 

  • ²â´Ç³Ü°ù practice area
  • the location at which you are based; 
  • ³Ù³ó±ð geographic scope of your work; or 
  • whether you are subject to partial or full regulation by the IFoA. 

APS X2 came into force on 1 July 2015 and is accompanied by non-mandatory guidance.

Take part in our APS X2 consultation 

The IFoA is consulting on minor amendments to the standard, and seeking feedback on the existing guidance and case studies.

The consultation runs until 15 September 2025.

Learn more and take part in APS X2 consultation

Post implementation review

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 .

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.

Guidance and educational materials

APS X2

Guidance review of Actuarial Work

APS X2 Quiz

APS X2 Case Studies

Introductory meeting videos
Introductory presentations
Edinburgh, 21 May 2015
London, 8 June 2015

Contact us

If you have any queries, please contact us at regulation@actuaries.org.uk