Fellows and Associates of the IFoA who do not hold a practising certificate are Category 2 members

Members must complete at least 15 hours of CPD activities in total, of which 5 hours must be obtained at 'external events'.

Your Professional Skills Training (PST) requirements are reflected in the Scheme. Depending on your background, you may be required to complete either Stage 2 or 3 of the PST. Please refer to the Scheme for full details. All time engaged in PST activities may be counted towards your overall CPD requirement.

Beyond that, you are free to determine the appropriate mix of activities for your own learning needs.

The only stipulation within the Scheme is that learning activities:

  • are relevant to your work or role; and
  • address a personal development need.

This two stage test comprises the definition of CPD within the Scheme, in relation to both technical and professional skills requirements.

It is important that you read the CPD Scheme 2019/2020 in full to familiarise yourself with the requirements and your responsibilities under it.

If you have any questions please contact cpd_feedback@actuaries.org.uk


Category 2 - Definition
All Fellows and Associates of the IFoA who do not hold a practising certificate on 1 July 2019 and who have not been classified as retired by the IFoA are Category 2 members for the purposes of this Scheme.

CPD year

The Category 2 CPD year runs from 1 July 2019 to 30 June 2020.  Category 2 members’ obligations under the Scheme shall have effect from 1 July following their transfer to Fellow or Associate.


Category 2 members must complete at least 15 hours of CPD in the course of the CPD year.

Of those 15 hours a minimum of 5 hours must be obtained at an external event.

The balance of Category 2 members’ minimum requirement may be gained through such other activities as the individual member deems appropriate taking into account their work or role and their personal development needs.

Category 2 members must also complete one of the following Professional Skills Training (PST) stages in each CPD year:

Time spent completing the relevant PST requirement may be counted towards the overall 15 hours requirement.

Recording CPD

Category 2 members must record their CPD activities, and any learning outcomes corresponding to private study activities, for the CPD year in their on-line CPD record by 31 July 2020.

Category 2 members who fail to record their CPD by the deadline will be granted an extension to 30 September 2020, upon making payment of an administration fee.

Evidence of CPD

Category 2 members must retain evidence of their participation in the activities listed in their on-line CPD record for a period of two years from the date of the event and must produce that evidence to the IFoA upon request.

For the purposes of the Scheme, a relevant learning outcome shall constitute evidence of private study.

Category 2 members working overseas

Category 2 members may elect to satisfy the requirements of this Scheme by complying with one of the recognised International Actuarial Association (IAA) bodies’ CPD Schemes (listed in Schedule 5 to the Scheme).

Members who choose to comply with another IAA body’s CPD requirements must complete the relevant Category 2 PST component in each CPD year, as set out at section 4.6 of the Scheme.

Category 2 members who wish to comply with an IAA CPD Scheme must complete the application form and return to the Membership team at cpd_feedback@actuaries.org.uk by 31 July 2020.

Category 2 members who fail to inform the Membership team of their decision to comply with an IAA body’s Scheme by the 31 July 2020 deadline will be granted an extension to 30 September 2020, upon making payment of an administration fee.

Category 2 members who elect to comply with one of the IAA bodies’ schemes must retain evidence of their compliance:

  • with the chosen IAA scheme; and
  • with the relevant PST requirement,

for a period of at least two years from the date of each event and must produce that evidence to the IFoA upon request.

Related documents

Contact Details

If you have any enquires about CPD, please contact the Membership Team


We aim to respond to all enquiries within two working days.

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Events calendar

  • Implications of 2019 IFRS 17 Exposure Draft

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    24 July 2019

    Fully booked.

    The International Accounting Standards Board (IASB) recently published an Exposure Draft (ED) of limited changes to its insurance contracts standard IFRS 17, effective date 2022.

  • Insurance Investment Roundtable with the IFoA & PRA - 25 July 2019

    EY Offices 1 More London Place London, SE1 2AF
    25 July 2019

    Fully booked.

    The IFoA hosts regular roundtable meetings with the PRA on best practice in insurance investment and the application of the Prudent Person Principle, which governs insurance investment under Solvency II.

  • SIAS Event: Climate Zero to Climate Hero

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    3 September 2019 - 4 September 2019

    Spaces available

    An introductory session to help you get ahead with climate change.

    • Science, terminology and initiatives: handy facts to keep in your back pocket 
    • Getting your point across: how to influence people and avoid common traps and pitfalls
    • Taking action: what are actuaries expected to do...and what are we actually doing?
  • KSS event – The Regulatory Perspective

    Deloitte Saltire Court 20 Castle Terrace Edinburgh EH1 2EG
    5 September 2019

    Spaces available

    This KSS talk, presented by the FCA Head of Department in Scotland, will focus on the following 3 main areas:

    • FCA business plan priorities
    • The future of regulation
    • FCA Engagement in Scotland
  • Sessional Research Event - Risk Margin Working Party

    Staple Inn Hall, High Holborn London, WC1V 7QJ
    9 September 2019

    Spaces available

    For life insurers in the UK, the risk margin is one of the most controversial aspects of the Solvency II regime. Following its implementation, the risk margin came under considerable criticism for being too large and too sensitive to interest rate movements. These criticisms are particularly valid for annuity business – such business is of great significance to the national system for retirement provision. This criticism has led to political interest, and the risk margin was a major element of the Treasury Committee inquiry into Solvency II.

  • GIRO Conference 2019

    EICC, The Exchange, 150 Morrison St, Edinburgh EH3 8EE
    24-26 September 2019
    Spaces available

    GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year. 


  • The Future of the Actuarial Profession

    Staple Inn Hall, High Holborn London WC1V 7QJ
    3 October 2019

    Fully booked.


    Three actuaries – and CEOs – discuss their views on how the business world is changing and what that might mean for actuaries in the future.

  • Spaces available

    Have you ever thought about working in wider fields? Would you like to play a role in the fight against climate change to make the planet better? 

    It can be difficult to do this - but seeing an example you can follow can make it more realistic. In this ‘green’ case study a template is outlined to show how actuaries can apply their skills more broadly - and in doing so, to make a difference.

  • Sessional Meeting - Autonomous Vehicles and impacts on the wider insurance industry

    Staple Inn, High Holborn, London WC1V 7QJ         
    28 October 2019

    Spaces available

    The Institute and Faculty of Actuaries is running a sessional meeting on autonomous vehicles on 28th October.  The session will showcase the work of the IFoA “Autonomous Vehicles” working party alongside a number of expert external presenters. 

  • Life Conference 2019

    The Convention Centre Dublin, Spencer Dock, North Wall Quay, Dublin 1
    20-22 November 2019
    Spaces available

    The Life Conference is the premier event for professionals interested in life insurance.  Offering a wide range of workshops and plenary sessions it’s the perfect opportunity to discover what’s hot and current in life insurance ensuring you get up to date on the latest thinking and innovation whilst meeting and exchanging ideas with a broad range of professionals.

  • Autumn Lecture 2019, London - Rt Hon Nicky Morgan MP

    Lincoln's Inn The Treasury Office, London WC2A 3TL
    2 December 2019

    Fully booked.

    The IFoA is pleased to announce that this year’s Autumn Lecture will feature the Rt Hon Nicky Morgan MP as its guest speaker.  Nicky has previously served as Financial Secretary to the Treasury and Minister for Women. She now chairs the Treasury Select Committee whose remit is to examine the expenditure, administration and policy of HM Treasury, along with all of its agencies and associated bodies.

  • Autumn Lecture 2019: Live Streaming

    2 December 2019

    Spaces available

    Watch the live stream of this year's Autumn Lecture with guest speaker Rt Hon Nicky Morgan MP.