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Volunteer Expenses Policy

The Volunteer Expenses Policy was approved by Management Board in 2013 and updated in June 2016

The principles and guidelines set out in the policy apply to every individual who supports the Institute and Faculty of Actuaries (IFoA), be that as a volunteer (member or non member) or in any other role

Download the Volunteer Expenses Policy.

The policy can also be found in the Volunteer Information Pack.

Why has a new (revised) volunteer expenses policy been introduced?

In this short (5 minute) informative video, Alan Whalley, Management Board Chair, explains:

This policy is a principles-based approach.  At the heart of this policy is the following:  we ask our volunteers (and all who support the IFoA, including Executive staff) to stop and consider the following before agreeing to incur a charge:  “does the expense represent value for money for members and is there a budget from which this can be taken”.  All expenses must be approved before they are incurred, to allow for effective budgeting.

In line with our diversity strategy we want to move away from volunteers meeting round a table in one of our offices.  We want to widen our opportunities to all members and to encourage more interaction and engagement to take place. 

To achieve this, we need your help.  Please watch and listen to the video.

Find out more

During September 2016 we ran two training sessions.  These lunchtime sessions were primarily to give our volunteer Chairs and Deputy Chairs the opportunity to ask questions and to find out a bit more about the volunteer expenses policy.

If you missed these sessions and would like to find out more, please contact Debbie Atkins, Head of Engagement.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

Debbie will respond to your email within three working days and often sooner.