||Valuation of Policy Liabilities|
||Capital Adequacy Standard|
||Minimum Surrender Values and Paid-Up Values|
||Cost of Investment Performance Guarantees|
||Management Capital Standard|
These standards apply to all Life Companies including Friendly Societies.
AS1.03 will still apply to life companies other than friendly societies for reporting periods ending before 31 December 2005.
ASFS1.02 will still apply to friendly societies for reporting periods ending before 31 May 2005.
All other standards apply with effect from 31 December 2005.
The Solvency standard, Capital Adequacy Standard and General Standard were updated on 30 March 2006. The updated versions are available above. The Instrument of Variation and the Explanatory Statement describe and explain the changes made.
Actuarial Standards that have been revoked have been removed from this website. They are available through contacting the Australian Prudential Regulation Authority.