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PS1 Changes - What It Means for You

Presented by Brett Ward and Mike Callan

Virtual Event

2 CPD Points (Virtual Registration attendance)

Apr 16 2026 12:30PM - Apr 16 2026 1:30PM

Men and women at boardroom table in meeting.

Join us for an interactive session outlining the proposed changes to the PS1 framework, with the opportunity to ask questions and participate in discussion. 

Read the proposed revisions to Professional Standard 1 here  Professional Standard (PS) 1 Guidance  and  Explanatory Memorandum .

The proposed changes, which would apply from 1 October 2026, include a move to an hours-based CPD system, alignment with the Membership Year and scope for Council-specified topics. These topics will be broadly applicable to members at all career stages — for example, covering recent developments in AI. These changes affect how you meet your professional obligations, and your feedback will help shape the final framework.

Pricing

Virtual Member Registration: $0.00

About the presenter(s)
Brett Ward, Vice President at Actuaries Institute
Brett Ward is currently the Group Chief Actuary of IAG.  Brett has spent his entire 30 plus working years as a general insurance actuary. From 1990 to 2000, Brett worked with actuarial consultancies including MIRA Consultants and KPMG Actuaries focusing on liability valuations, specialising in workers compensation. In 2000 he started his corporate career as the Chief Actuary at Royal & Sun Alliance, where he had responsibility for actuarial services in Australia and South-East Asian countries. Brett was the Chief General Insurance Actuary for Promina before joining IAG in 2007.
At IAG, Brett has held a variety of roles across pricing, risk and technology and Group strategy.
Headshot of Mike Callan
Mike Callan, Executive General Manager, Education at Actuaries Institute
Mike has over 30 years’ experience in life insurance, wealth management, pensions and educating actuaries. Whilst in Europe, he led a team of over 30 actuaries covering product design, reserving, embedded value profit reporting and built up a risk management function for a large, multi-national insurer. Mike set up the Part II program at Monash University and is now leading all aspects of the Institute’s education activities.

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