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06

Reminder: CPD reporting year closes 30 June 2016

Open-access content Wednesday 25th May 2016 — updated 5.50pm, Wednesday 29th April 2020

As we approach the end of the 2015/16 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 with all CPD activities completed between 1 July 2015 and 30 June 2016. Please note that you may be asked to provide evidence of the events recorded if you are selected for audit.

As we approach the end of the 2015/16 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 with all CPD activities completed between 1 July 2015 and 30 June 2016. Please note that you may be asked to provide evidence of the events recorded if you are selected for audit.

This short summary of CPD requirements by category may be useful.

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.

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.
Recording CPD - how to get it right
  1. Record a learning outcome for all private study.
  2. Ensure that the dates of activities and hours gained are correctly recorded. Remember you may be asked to evidence these at a later date.
  3. 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, visit the IFoA's archive of recorded material at bit.ly/1rxUVRG

Visit bit.ly/1TvsH0m for further details, or email [email protected]
This article appeared in our June 2016 issue of The Actuary.
Click here to view this issue
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