Reporting and recording CPD

Recording CPD Activity

To enable the profession to monitor CPD appropriately and efficiently all actuaries with CPD requirements must record their CPD activities on-line. The on-line form allows an actuary to record hours spent on verifiable activities, and to record the outcomes of any type of learning. Supporting documentary evidence of attendance at events entered on the record must be kept by the member for two years and be submitted to the profession’s staff on request. 

You should check you are in the correct Category for the current year, and should complete your activity record on a regular basis throughout the recording year.  You will need to do this even if an event you attend has been organised by the profession.

Every year the profession will randomly select a percentage of members for monitoring/auditing.  Members must therefore keep evidence of their verifiable events, which must be produced, if asked for, as part of the sampling exercise.  The emphasis is on evidence of attendance and participation.   A simple proof of payment or copies of slides will not suffice.  Events run by the profession are exempt from this, as they will already be confirmed in the membership database.  For the avoidance of doubt, the profession reserves the right, as it sees fit, to test the learning outcomes from such verifiable events and seek evidence of how such outcomes have been put to a practical use by members selected for monitoring/audit.

The record must demonstrate that all CPD is verifiable and whether this is internal or external, in accordance with the definitions.

The record is divided into the following sections: technical and professional skills which are relevant to your work area.  The relevance of most formal events to actuaries’ CPD is usually very clear. If you wish to complete the requirements through other activities you will need to show in more detail what you have done and describe how it meets the principles and objectives of the scheme.

It is an essential requirement of the Scheme that actuaries keep an on-line record of the activities they have completed to meet the requirements.   The form can be found on the members’ only section of the profession’s website in their own personal details page.   The form allows individual activities to be entered, showing the number of hours claimed.  

CPD events run by the profession are not entered automatically on the records of members who attended and will therefore need to be added personally.  The registration records will be kept from events for which registration was required; and for other events, such as sessional meetings, an attendance record will be taken.

The hours claimed for any event should be only the hours attended.