It is important that you read the CPD Scheme 2017/2018 in full to familiarise yourself with the requirements and your responsibilities under it.
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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.
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.
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.
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.
If you have any enquires about CPD, please contact the Membership Team
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