The IFoAs membership team has completed its CPD audit for the 2016/2017 Continuing Professional Development (CPD) year.
Every year, our membership team carries out an audit of our members' CPD records to ensure that members have fulfilled the requirements of the CPD Scheme.
The IFoA Membership Committee is happy to report that 93% of the auditing of CPD records for 2016/2017 carried out by the membership team was straightforward. This means that members selected for audit were able to provide evidence supporting the activities recorded in their online record without any trouble.
Other members selected for audit were given assistance by our membership team; however, all audits were successfully concluded.
Some members have been asked to verify their records again next year, to assure the membership team that they have a full understanding of their CPD requirements.
This year we are delighted to report that no members were referred under the IFoA Disciplinary Scheme for non-compliance with CPD auditing, an improvement on the three referrals made last year.
Some 10% of IFoA members in each of our CPD categories are randomly selected for audit each year. If you are selected for CPD audit, our membership team will contact you by email. If you are selected for CPD audit you will be asked to provide evidence to meet your minimum requirements.
Find out more about the IFoA CPD scheme, CPD audit and how you can meet your requirements at here.
If you have any questions about CPD audit, or have difficulties completing or recording your CPD, please contact us at [email protected]