Actuarial Profession revises guidance on conflicts of interest

Jonathan Stapleton
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The Actuarial Profession has revised its guidance on how actuaries should manage conflicts of interest when advice is provided to both trustees and sponsorting employers.

The revision to Actuarial Practice Standard APS P1 - which will take force from 1 July 2013 - will restrict the advice which can be given to sponsoring employers by the individual who is the scheme...

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