At that time, the actuarial profession was little known in Singapore and there were only a handful of qualified actuaries. The adoption of the new Constitution in July 1996 and
the Code of Professional Conduct in November 1997 was the fruition of efforts made in the past two decades to promote the study of actuarial science and professional
standards. There was a significant refresh of the Constitution which took effect from 1 April 2022.
Under the purview of the Operations Committee, the History Working Party was formed in 2022 and the SAS donated some of its founding documents to the National Library Board for archival.
Today, SAS aims to be the recognised representative body of the actuarial profession in Singapore, with the authority to set and uphold professional standards for its members.