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The Actuary The magazine of the Institute & Faculty of Actuaries

Don’t forget to complete your CPD

The deadline for completing this year’s online CPD declarations and activity records is 30 June 2008. All associates and fellows that are fully regulated by the UK Profession must complete their online CPD record.

Random sampling of CPD records will begin in July and, if you are selected, you will be asked to provide evidence of your CPD activities or an explanation as to why you believe that you are in the category you have declared. If no satisfactory evidence or explanations are received then this may result in a referral to the discipline process.

During the CPD year 2006-2007, the Profession reminded members of their CPD obligations on about 16 different occasions. As the third year of mandatory CPD recording approaches, the number of reminders will be reduced. From 1 July 2008, if your records are not fully compliant then you may be selected for monitoring and could be referred through the discipline process subsequently.

Please note this does not apply to those in Category 1 as they are required to comply within the year of the Practising Certificate.