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
