We derive a general scheme to construct conserving slave boson approxi
mations for the single-impurity Anderson model beyond the noncrossing
approximation (NCA). The pseudofermion and slave boson spectral functi
ons are computed in a conserving T-matrix approximation which includes
the maximum number of impurity spin flips in each order of the hybrid
ization. In a perturbative evaluation, the singlet channel of the cond
uction electron-pseudofermion T-matrix has a pole which is renormalize
d by selfconsistency. As a result, the exponents of the infra-red powe
rlaw behavior of the pseudoparticle spectral functions are modified w.
r.t. NCA and depend on the impurity occupation number. We present resu
lts for the exponents in the Kondo regime which are consistent with ex
act values given by the x-ray emission and absorption exponents.