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Membership FAQs

Frequently asked membership questions are answered below:

Subscription FAQs

What will happen if I do not pay the fees that become due when I am transferred to Associate/Fellow?

If you do not pay the subscription fees within one month following your transfer to Associate/Fellow your transfer will not be complete. Your membership status will then revert back to Student/Associate. 

Do I have to pay any subscription fees when I am transferred to Associate/Fellow?

Upon transferring to Associate/Fellow you will be required to pay the Associate/Fellow subscription fee minus any subscription fees that you have already paid during your year of transfer.

What should I do if my circumstances change and I am no longer eligible for a reduced rate subscription?

If you are no longer eligible for a reduced rate subscription, please let the Membership Team know. We will then update your record to full rate and you will be required to pay the remaining subscription balance. 

Do I need to provide evidence of my income to prove my eligibility for a reduced rate subscription?

You are not required to provide evidence at the time of application however if your record is selected for audit purposes you may be asked in future to provide evidence of your eligibility. 

Is there a reduced subscription fee for members on a low income?

If your gross taxable income falls below the threshold for your category of  membership, you can apply for a reduced rate subscription. You can check the income threshold for each category of membership on the subscription information page.

When does my membership subscription fee become due for payment?

Membership subscription fees become due annually on 1 October. You should ensure that your subscription is paid by 31 October to avoid late payment fees which are applied on 1 November and on 1 December. View more information on subscriptions.

How do I reinstate my membership?

You should firstly contact the membership team at membership@actuaries.org.uk who will provide you with a reinstatement form for your completion. You can reinstate your membership at any time during the subscription year. Lapsed students who want to apply for exams, should ensure that they apply for reinstatement 2 weeks before exam closing dates. Please refer to the reinstatement guide

What is the procedure if a member no longer requires their membership?

If a member no longer requires their membership they should contact the membership team at membership@actuaries.org.uk to inform of their intent and reason for resignation. Please note that the IFoA do not provide refunds if a member choses to resign before the end of the current subscription year..

How do I subscribe to one of the optional subscriptions such as SIAS or AFIR?

You can indicate the required optional subscriptions on your subscription letter and post the form to the membership team with payment. Alternatively you can telephone or email the membership team who will add the subscription on for you and the fee can then be paid online. +44(0)131 240 1325 or membership@actuaries.org.uk.

I will be transferring to fellow soon but my subscription notice shows the student rate. What should I do?

You should pay the student subscription fee at the outset. When you have been transferred to fellow, you will be contacted by the membership team who will advise you of the balance of fees due upon your transfer.


How do I make a complaint?

Download the IFoA Membership Complaints Policy for full details.

Related documents

Contact Details

If you have any questions about membership please contact

membership@actuaries.org.uk

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

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Events calendar

  • Spaces available

    Mathematical Futures: The Actuary in a World Transformed – Sir Adrian Smith will outline how advances in data science, machine learning and artificial intelligence in the world of big data will transform the nature of many industries, including financial services. The broader environment within which mathematics is applied will change rapidly, often led by innovative yet disruptive forces outside. These changes will undoubtedly have an impact on the work of actuaries - and the profession will need to adapt quickly to thrive.

     

  • Spaces available

    The General Insurance (GI) Spring Conference is a result of the General Insurance Lifelong Learning Committee (GILL) combining this year’s 'Current Issues in General Insurance' (CIGI) and 'Technical Issues in General Insurance' (TIGI) conferences into a virtual webinar series over 19 – 25 May that will be available to watch online globally.

  • CILA 2021

    Available to watch globally in May.
    19-21 May 2021
    Spaces available

    We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; on-going financial consequences of the COVID pandemic; or self-imposed changes in regulatory requirements and accounting standards.

  • Spaces available

    This is a free webinar on the consultation on changes to the Practising Certificates (PC) Scheme.

    The proposals come from a recent review of the PC Scheme which was the first substantive look at the IFoA’s approach to the requirements and process for PCs since 2010. It responds directly to feedback received on how the current scheme works especially that received from members and PC Holders.

  • Spaces available

    Behavioural Science Webinar SeriesThe world is changing. The fourth industrial revolution, globalisation and the COVID-19 pandemic are up-ending traditional social and business norms around the world; changes that were once predictable and steady are now faster and more profound.

  • Spaces available

    Risk Management Webinar PrgrammeTools like python/R are being heavily used to provide end-to-end analytical solutions for risk management. They help to set up a framework/platform to collect risk data and work out stochastic analytics to provide insights into the risks faced by a firm, be it in any sector.

  • Spaces available

    The webinar will look at several aspects of intergenerational fairness and our panel of experts will challenge you, society, taxpayers and generations X, Y and Z on key aspects of DB v DC pensions, public v private sector pensions, state benefits and key aspects of sustainability.

  • Pensions Conference 2021

    Online webinar series
    16-22 June 2021
    Spaces available

    Welcome to the programme for our 2nd Virtual Pensions Conference. This year's conference features 11 webinars offering members and non-members the opportunity to get up to date content from leading experts in the pension industry. There will also be opportunity to ask questions and contribute to the discussion.

  • Spaces available

    Given our commitment to the safety of our members and employees, and as the easing of restrictions in respect of COVID-19 cannot be guaranteed at this point in time, we have decided to hold our AGM virtually again this year.

    The Business of the AGM

  • Spaces available

    Join newly inaugurated IFoA President Dr. Louise Pryor as she explores what we need to do to keep abreast of the changing world – and how we can seize the resulting opportunities – in her Presidential Address, ‘A Learning Society’

  • Spaces available

    This is a free webinar on the consultation on changes to the Practising Certificates (PC) Scheme.

    The proposals come from a recent review of the PC Scheme which was the first substantive look at the IFoA’s approach to the requirements and process for PCs since 2010. It responds directly to feedback received on how the current scheme works especially that received from members and PC Holders.

  • Spaces available

    The paper “Asset liability modelling in the quantum era” shall be presented by its authors, Tim Berry and James Sharpe, and chaired by Andrew Smith, Assistant Professor in the School of Mathematics and Statistics at University College Dublin.

  • Spaces available

    Risk Management Webinar ProgrammeInternal 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.