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02

2014/15 CPD scheme: your requirements

Open-access content Tuesday 3rd February 2015 — updated 9.20pm, Thursday 2nd April 2020

As we are now more than halfway through the 2014/15 continuing professional development (CPD) reporting year, we thought it might be useful to remind you of your obligations under the 2014/15 CPD scheme, applying to all members.

Below is a summary of the requirements for each category. If you have any questions about the impact of the new arrangements or what they mean for you, please visit the CPD pages of our website or email the membership team.

 Visit the IFoA CPD pages here 

 Email [email protected]


Practising certificate holders - 

Category 1 

• At least 30 hours of CPD 

• 20 hours must relate to technical learning

• 10 of the technical hours should be gained at external events

• Two hours of Stage 3 professional skills training; this counts towards your overall CPD requirement 

• Must record a learning outcome for each CPD activity listed in your online record


Fully regulated Fellows and Associates - 

Category 2

• At least 15 hours of CPD 

• Five hours of your CPD must be obtained at external events

• Stage 2 or 3 of professional skills training, as relevant; this counts towards your overall CPD requirement


Partially regulated Fellows and Associates - 

Category 3

• Must comply with the CPD requirements stipulated by your primary regulator

• Must also complete either Stage 2 or 3 of professional skills training, as relevant 


Certified Actuarial Analyst - 

Category 4 

• At least 15 hours of CPD 

• Five hours of your CPD must be obtained at external events

• Two hours must contribute to your understanding of ethical behaviours in relation to your role


Student member - 

Category 5 

• No technical skills requirement

• Must complete Stage 1, 2 or 3 of professional skills training, as relevant


Student Actuarial Analyst - 

Category 6

• No technical skills requirement 

• Must complete Stage 1 professional skills training by the end of your first CPD year


Retired member - 

Category 7

• If you meet the requirements for this category, you can apply to be classified as retired

• No CPD requirements unless you undertake unpaid work that relies on your actuarial training and experience, in the widest interpretation

• Eligible to pay the reduced subscription rate 


Honorary Fellows and affiliates - 

Category 8 

• No CPD requirements

This article appeared in our February 2015 issue of The Actuary.
Click here to view this issue
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