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06

Reminder: CPD reporting year closes 30 June

Open-access content 1st June 2015

As we approach the end of the 2014/15 continuing professional development (CPD) reporting year, we would like to remind members in categories 2-6 to ensure that their online CPD records are updated by 31 July for all CPD activities completed between 1 July 2014 and 30 June 2015. You may be asked to provide evidence if you are selected for monitoring.

Here is a summary of CPD requirements. 

CPD checklist

Category 2: fully regulated Fellows and Associates

? At least 15 hours of CPD. 

? Five hours must be obtained at external events.

? Stage 2 or 3 of professional skills training (PST) as relevant.

Category 3: partially regulated Fellows and Associates

? Must comply with the CPD requirements of your primary regulator. 

? Must also complete either Stage 2 or 3 of PST as relevant. 

Category 4: Certified Actuarial Analyst

? At least 15 hours of CPD. 

? Five hours must be obtained at external events.

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

Category 5: student member

? No technical skills requirement.

? Must complete Stage 1, 2 or 3 of PST as relevant.

Category 6: student actuarial analyst

? No technical skills requirement. 

? Must complete stage 1 PST by the end of your first CPD year.

Remember, PST activities count towards your overall requirement.

Professional skills training

Stage 2: professional skills course

Members are offered this course as a face-to-face event or online course. More information can be found here 

Stage 3: professionalism for experienced members

There are a series of short video clips available for free via the IFoA website here. 

Recording CPD - how to get it right

? Record a learning outcome for all private study.

? Ensure that the dates of activities and hours gained are correctly recorded.

? Don't group activities run by the same provider together as one entry - log each activity or event separately.

If you are still looking to make up your hours, why not visit our archive of recorded material here. 

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