Core Reading

This item has been reproduced by permission of the Faculty and Institute of Actuaries for the use of students who have purchased a Combined Materials Pack. The ActEd Course Notes include the complete Core Reading integrated with the ActEd text paragraph by paragraph. If you are a student member of the actuarial profession and have purchased the ActEd Combined Materials Pack in the same subject (ie a subject from CT1-SA6) then you may order a stand-alone copy of the Core Reading at a specially discounted price. All other orders for Core Reading should be sent directly to the Faculty or Institute of Actuaries.

Core Reading is produced jointly by the Faculty and Institute of Actuaries. The purpose of Core Reading is to ensure that tutors, students and examiners have a clear, shared appreciation of the requirements of the syllabus for the examinations. The Core Reading gives a complete coverage of the syllabus so that the appropriate depth and breadth is apparent. In examinations students are expected to demonstrate their understanding of the concepts in the Core Reading; these are based on the legislation, guidance notes, etc that are in force when the Core Reading is published, ie on 31 May in the year preceding the examinations. Examiners have the Core Reading manual when setting the papers.

All aspects of the examination process (Syllabus, Core Reading, exam dates, exam entry, exam setting, exam marking, communication of exam results, and production of Examiners' Reports) are the direct responsibility of the Faculty and Institute. Full details of the examinations are given in the profession's Student Handbook.