How do I access my CPD record?
To access your CPD record, simply sign in to the website using your username (which is your ARN) and your password. Click on the "My account" section at the top right hand side of the page, then scroll down until you see the CPD button. Click here and it will take you through to record your CPD.
How do I record my CPD activities?
The record will ask you to classify each CPD activity recorded as either:
- an “external event”, or
- “other learning activity”.
If the activity is an “external event” you will be asked to further describe the activity by making a selection from the following options:
- IFoA event
- own organisation’s event
- digital or online learning, or
- other external event.
If the activity is “another learning activity” you will be asked to make a selection from the following options:
- digital or online learning
- own organisation’s event
- private study (NB this option will not be available to Category 1 members), or
- other activity.
You will then be asked to confirm a description of the activity and the date on which it was completed.
You should then record the number of hours of technical and/or professional learning completed. If you enter any time in the professional hours field, you will be asked to confirm whether the activity counts towards your Stage 3 Professional Skills Training requirements or whether it was simply other professional learning.
I have recently attended a two-day conference relevant to my area of work. How many CPD entries must I complete for this activity?
You are only required to complete one CPD entry for each single learning activity even where that activity spans a number of days, such as a conference or training course.
It is open to you to list the individual sessions or components of a conference or training course if you would like to record a separate learning outcome for each one.
Can I design my own CPD record form or use one from another professional body?
No, members who are required to record their CPD must do so using the online recording system within the members’ area of the website. This is because we use our online system to monitor records efficiently.
Do I have to record my CPD activities online?
Yes, you should record your CPD activity in your online record. You should also retain evidence of those activities for two years so that you are able to provide evidence to the IFoA if you are selected for monitoring.
Can I add my hours after the CPD year ends?
Category 1 members must have all their CPD activities recorded in their online record by the date they make their initial application or a renewal application for a practising certificate.
The CPD year for all other members runs from 1 July to 30 June. Those members’ CPD records remain open for recording activities for one month following the end of the CPD year, until 31 July. The online system then closes on 31 July and members are not able to add or amend any activities recorded for the previous CPD year.
Members in Category 1 whose CPD records are not compliant as at the end of their CPD year will not be able to renew their practising certificates.
Members in all other categories whose CPD records are not compliant as at the end of their CPD year on 30 June will be offered an extension to 30 September to update their CPD records upon making payment of an administration fee. Members must then send details of the relevant activities to the Membership Team at firstname.lastname@example.org for inclusion within their CPD records. If a member is unable to provide details of qualifying CPD activities they may be referred under the Disciplinary Scheme for failing to comply with the requirements of the CPD Scheme.
In certain circumstances, you may be offered the opportunity to make payment of a charge and have the fact of your default recorded in both the IFoA’s Register of Non-compliers and the Actuarial Directory. This option is only open to members who have not defaulted on the terms of the CPD Scheme in the last ten years.
Can I count Lifelong Learning towards my CPD requirements?
When the learning is relevant to your work or role and addresses a personal development need, this can also be used to meet your CPD requirements.
Lifelong learning can be described as a member’s individual search for ways in which to enhance their personal learning and development. This can be undertaken via a variety of methods to suit different working styles and interests.
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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The term 'office politics' usually has a lot of negative connotations and indeed an inability to be able to navigate an organisation's formal processes and interact effectively with others at work can have far reaching adverse consequences.
Public scrutiny of what investment funds deliver for consumers continues to be high profile, with the FCA’s Asset Management Market Study requiring fund managers to make (and publish) an annual assessment of value for authorised funds from the end of 2019.
Reimagining ageing, hosted by the Institute and Faculty of Actuaries, in partnership with the ILC
Increasing global concern over the impact of climate change has recently led to public scrutiny over the adequacy of existing risk management practices by insurance firms and pension schemes in dealing with these challenges, that potentially impact both individual actuaries and the IFOA generally.
This event is now full. Please register here for the wait list
Covering current topics and industry trends, the conference also includes a pre-conference evening dinner (18 June) giving you the opportunity to develop your network.
This KSS talk from FinTech Scotland's CEO will explore the mission to create an integrated Fintech ecosystem through provision of funding, support, infrastructure and talent that recognises and responds to the needs of all stakeholders - and the overarching aim for Scotland to be one of the top 5 Fintech global leaders by 2020.
To book your place, please email Barry_Shannon@standardlife.com
CIGI is a well-established one-day seminar designed to increase awareness and encourage discussion on a variety of topical issues across the general insurance industry.
There will be an excellent and diverse line-up of speakers to provide a variety of perspectives and challenge covering technical and professional areas.
Fake news, post truth, mistrust of experts... a familiar roll call of anxieties – or perhaps clichés – about our data rich world. They point to an underlying fear that in this data abundant age the bad data drives out the good and we are left with a broken public discourse.
This event is now fully booked. Please click here to register on the waiting list.
Our motivation for discussing this important subject comes from some exciting recent research which has analysed the impact of behavioural factors on the decision to purchase an annuity. This work has shown that behavioural factors can explain the well-known low demand for immediate annuities but this research also identifies an important opportunity in relation to deferred annuities (DA). The research suggests that these factors lead to positive incentives to purchase a DA and that, for longer deferred periods, a DA could be an attractive product for both consumers and insurers.
The pensions dashboard has been talked about across the industry for a long time and now nears implementation with DWP’s consultation ending in January 2019.
The Institute and Faculty of Actuaries (IFoA) and Singapore Actuarial Society (SAS) are organising a joint Professional Skills Training (PST) in Singapore. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
Notice is hereby given that the ANNUAL GENERAL MEETING of the INSTITUTE AND FACULTY OF ACTUARIES will be held at The Hub, Edinburgh on Wednesday 26 June 2019 at 16.30 (Preceded by tea from 16.00) and followed by a PRESIDENTIAL ADDRESS given by John Taylor.
The Institute for Financial and Actuarial Mathematics (IFAM) at the University of Liverpool is pleased to host the 2019 Actuarial Teachers’ and Researchers’ Conference from 27-28 June 2019. This annual two-day event has been running annually now for many years, each time hosted by a different university, and provides all those interested in actuarial research and education a great opportunity to share their ideas and catch up on the latest developments.
The Institute and Faculty of Actuaries (IFoA) and Actuarial Society of Malaysia (ASM) are organising a joint Professional Skills Training (PST) in Kuala Lumpur. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
Air pollution has gained increasing attention lately. Nicola Oliver, head of longevity and mortality research for Medical Intelligence, will discuss not only the impacts of air pollution on health and life expectancy but also how as an industry we should be addressing it.
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.