Continuing Professional Development (CPD) monitoring for 2019/20
Under the 2019/20 CPD Scheme the Institute and Faculty of Actuaries (IFoA) will select a random sample of members for CPD monitoring.
If you are selected you will be asked to provide evidence of the CPD you have recorded in your on line record. You should keep all your evidence for a minimum of two years.
Examples of acceptable evidence are:
Written evidence of participation in the CPD activity recorded which includes, but is not limited to:
a signed register of attendance
a certificate vouching for the completion of a course or activity
hard copies of lectures or presentations delivered by the member
a screen shot, including your name, showing the end of an online video resource as evidence of your completion of the activity
articles or papers written for publication, and
written confirmation from a provider of an on-line resource
Failure to comply with the monitoring exercise may be referred for consideration under the IFoA’s Disciplinary Scheme.
Members may be referred under the Disciplinary and Capacity for Membership Schemes in relation to any default under the 2019/20 CPD Scheme.
In certain circumstances, members may be offered the alternative of making payment of a charge and having the fact of their default recorded in both the Institute and Faculty of Actuaries' (IFoA's) Register of Non-compliers and the Actuarial Directory.
This option is only likely to be open to members who have not defaulted upon the terms of the Scheme in the preceding ten year period.
Register of Non-Compliers
In accordance with the Institute and Faculty of Actuaries (IFoA) CPD Scheme 2019/20, a register of all members admitting non-compliance with the CPD reporting obligations is published annually.
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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We have made it through 2020 but the COVID-19 crisis continues to have a significant impact on individuals, societies, businesses and the wider economy across the globe. Navigating the world post COVID-19 in an uncertain and highly unstable time brings along many uncertainties, challenges and exciting opportunities. Hence the theme of this year’s IFoA Asia Conference Webinar Series is “Risk. Adapt. Thrive.”
In April 2021, the CMI Income Protection Committee published Working Paper 149, which detailed the changes to analysis methodology for the Income Protection Investigation and the impact of past data issues. This webinar will provide an overview of the changes in the analysis approach and discuss the adjustments to the IP11 claim inceptions graduations.
Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them.
Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.