Proposed standard of practice on expert witness work

The Society of Actuaries in Ireland has responded to a consultation by the UK Institute and Faculty of Actuaries on a proposed Actuarial Profession Standard (APS) on “The Actuary as an Expert”. 



The proposed APS is principles-based and provides a framework to be followed by members of the Institute and Faculty when acting as an expert witness or expert advisor in legal proceedings or proceedings of a legal nature (whether in the UK or elsewhere).



Most members of the Society are also members of the Institute and Faculty.  The Society has submitted comments to the Institute and Faculty on the proposed APS and an accompanying Guide for actuaries on providing expert opinion.



Read about the consultation here.



Read the Society’s response here.