JFAR Risk Perspective

JFAR Publication

The Joint Forum on Actuarial Regulation (JFAR) was established in 2013 and comprises the Financial Reporting Council (FRC), the Institute and Faculty of Actuaries (IFoA), the Financial Conduct Authority (FCA), The Pensions Regulator (TPR), and the Prudential Regulation Authority (PRA).

The JFAR is a unique collaboration between regulators to coordinate, within the context of JFAR member regulators’ objectives, the identification and analysis of public interest risks to which actuarial work is relevant.


The JFAR sets out its collective view on current risks to high quality actuarial work in the JFAR Risk Perspective 2021. The JFAR Risk Perspective 2021 is intended to raise awareness of the risks to, and the importance of, high quality actuarial work in mitigating the risk to the public interest. This publication will be of most interest to actuaries and to those who are direct users of actuarial work. It focuses on risk to the public interest from areas of work where actuarial involvement is significant. It does not focus on the professional risk to the actuary nor is it limited to areas where the actuary is the sole actor.

JFAR Risk Perspective 2021 (full document)

JFAR Risk Perspective 2019/20 

JFAR Risk Perspective 2018 

JFAR Risk Perspective 2017 

JFAR Risk Perspective 2016

JFAR Risk Perspective 2015 

JFAR Risk Perspective 2014 

Actuarial Risk Identification Architecture (ARIA)


Contributing Partners