Did you know when actuaries need help with thorny professional problems, they can ask an ABCD member for informal advice?
How do you complain to the ABCD about an actuary's conduct? What happens once a complaint has been made?
Learn about the complaint process.
ABCD members make educational presentations at actuarial seminars and clubs, regulators' meetings, and elsewhere. Contact us to request an ABCD speaker for one of your meetings.
Mission
The Actuarial Board for Counseling and Discipline was established by the U.S. actuarial organizations to strengthen members' adherence to the recognized standards of ethical and professional conduct.
Announcements
The ABCD Adopts Revised Version of the ABCD Rules of Procedure
The ABCD recently adopted a revised version of the ABCD Rules of Procedure. An exposure was issued in May 2012 and received several comment letters. As a result, various changes were made to the final Rules of Procedure in response to those comments. A summary of the comments received can be found here. We also produced a Flow Chart of the ABCD's Investigation Process Target Timeline. The revised ABCD Rules of Procedure are effective January 1, 2014.
ABCD publications and documents
- Rules of Procedure (a guide to how the Board handles requests for guidance and complaints about actuarial conduct). For a quick overview of the process, look at this Flow Chart of the ABCD's Investigation Process Target Timeline.
- Annual reports published by the Board
- "Up to Code" columns written by ABCD members for Contingencies magazine (external links)
- Published Guidance by the ABCD
- Pension related guidance provided December 29, 2010 in response to a request for guidance from the Academy’s Pension Practice Council
- ASOP 6 guidance provided November 24, 2015
- Flow Chart of ABCD Investigation Process Target Timeline
Up to Code
Recent articles
This regular column in Contingencies highlights the ABCD's work and important professionalism issues.
- “Test Your Professionalism IQ”
Contingencies,
(September/October 2016)
by Allan Ryan - “Whose Assumptions Are They?”
Contingencies,
(July/August 2016)
by David F. Ogden - “No Fee, No Foul?”
Contingencies,
(May/June 2016)
by Rick Block - “Because I Said So”
Contingencies,
(March/April 2016)
by Jan Carstens - “Doing the Right Thing”
Contingencies,
(January/February 2016)
by John M. Purple - “The ABCD Process from the Inside”
Contingencies,
(November/December 2015)
by Anonymous - “Don't Be 'That Actuary'”
Contingencies,
(September/October 2015)
by John Stokebury
Read more Up to Code articles.
ABCD basics
Rules of Procedure
The ABCD "Rules of Procedure" explains how the ABCD does its work. This succinct guide describes how the Board offers guidance, deals with confidential information, and evaluates complaints, among other topics.