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Membership team embarks on CPD audit

Open-access content Monday 30th November 2015 — updated 5.50pm, Wednesday 29th April 2020

Membership team embarks on CPD audit

It's that time of year again when the membership team begins its annual audit of continuing professional development (CPD) and professional skills training (PST) records.

The team will randomly select:
  • 10% of all CPD Category 2 members; and
  • 10% of all student members, partially regulated members and members who are affiliated to another International Actuarial Association body for CPD purposes, who were required to complete Stage 3 of the PST in the 2014/2015 CPD reporting year.
If selected, you will be asked to provide written evidence of your participation in CPD activities that meet your minimum requirements. If you have recorded more than your minimum hours, you will not be expected to produce evidence for each activity.

Some examples of acceptable evidence are:
  • a signed register of attendance;
  • a communication from the organiser of an event, which confirms your attendance;
  • a certificate vouching for completion of a course or activity;
  • hard copies of lectures or presentations delivered by you;
  • articles or papers written for publication;
  • written confirmation from another Fellow of the IFoA of your attendance at, or completion of, an activity;
  • confirmation from the provider of an online resource.
We'd be happy to hear from you if you have any questions about the monitoring process or acceptable forms of evidence.

Please send us an email at [email protected]
This article appeared in our December 2015 issue of The Actuary.
Click here to view this issue
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