Certified Actuarial Analysts of the IFoA are Category 4 members

It is important that you read the CPD Scheme 2017/2018 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 4 - Definition

All members who are Certified Actuarial Analysts of the IFoA on 1 July 2017 and who have not been classified as retired by the IFoA are Category 4 members for the purposes of this Scheme.

CPD year

The Category 4 CPD year runs from 1 July 2017 to 30 June 2018.   Category 4 members’ obligations under the Scheme shall have effect from 1 July following their qualification as a Certified Actuarial Analyst.

Requirements

Category 4 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; and
  • a minimum of 2 hours must contribute to the member’s understanding of ethical behaviours in relation to their role.

Recording CPD

Category 4 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 2018.

Category 4 members who fail to record their CPD by the deadline will be granted an extension to 30 September 2018, upon making payment of an administration fee.

Evidence of CPD

Category 4 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.

Related documents

Contact Details

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

cpd_feedback@actuaries.org.uk

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