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Student and Associate terms and conditions

Student and Associate Terms and Conditions Summary

Student and Associate members – your relationship with the IFoA

To be clearer and more transparent about the service we provide and how we engage with you, we have consolidated the terms and conditions which apply to Student and Associate members.

We have brought together all the terms and conditions which currently apply to Student and Associate members in one place and have simplified the language that we use.

These Student and Associate terms and conditions will apply from 1 September 2021 for new joiners, and upon renewal of your membership subscription later this year for existing members.

What do these terms and conditions mean for me?

These terms and conditions govern your relationship with the IFoA. They explain the levels of service you can expect from us and what we expect from you in return.

The General terms apply to all Student and Associate members and cover your membership with the IFoA.  The Assessment terms apply to Student and Associate members when you are participating in IFoA assessments (examinations). 

We have briefly summarised the Student and Associate terms and conditions below. 

Our commitments to you:

General terms and conditions:

  1. You will enjoy the status of IFoA membership, with the full range of benefits that membership confers. 
  2. We will provide you with market-leading opportunities to further your actuarial learning and to obtain globally recognised qualifications. While we cannot guarantee success, we will do all we can to support you in your professional journey.
  3. We will be clear and open with you about your membership fees and when or how they may change.
  4. If we get something wrong, we will listen to you and do our best to put things right, fairly and promptly. We will compensate you for any reasonable loss we have caused you.
  5. We will handle your data carefully, in accordance with our Privacy policy.
  6. We will always aim to engage with you openly and respectfully.

Assessment (examinations):

  1. We will ensure our curriculum is kept up-to-date and relevant.
  2. We will explain assessment requirements clearly in the Qualification Handbook, which we will keep updated.
  3. When we need to update our curriculum, we will aim to give you 12 months’ notice of changes to the compulsory elements before we implement them.  We will also clearly explain to you what any changes mean for your journey to qualification as an Associate or Fellow.
  4. If we have to make changes to the Assessment Regulations or other IFoA assessment guidance documents, we will aim to give you at least three months’ notice. 
  5. We will be clear and open with you about:
    1. our assessment fees and when or how they may change, and
    2. when you will receive any appropriate refund of assessment fees.
  6. We will try our best to accommodate any request to change your assessment sitting, such as the date or time, while the exam registration period is still open.  Depending on the change requested, we may charge a reasonable fee.  We may not be able to accept changes to an existing booking outside of the exam registration period.
  7. If you cancel, we will issue an appropriate refund promptly in accordance with our Refunds policy.
  8. If we need to change the date or time of an assessment, we will give you as much notice as possible.  We will refund you 100% of the assessment fee if the new date is not convenient for you.

Your commitments to us

You agree to:

  1. Comply with the Actuaries’ Code and other IFoA regulatory requirements.
  2. If you are sitting our examinations, behave professionally and with integrity and comply with the Assessment Regulations.
  3. Let us know if your situation changes, for example, if you are no longer eligible to pay reduced rate subscription. 
  4. Be respectful to us and to the profession.

Ending our relationship

We hope that you won’t wish to, but you are free to end our relationship**, at any point. If you decide to return, you will be welcomed back, subject to the applicable reinstatement terms.

We may only end our relationship in the following circumstances;-

  1. You do not pay (without good reason) your subscription fee by the deadline;
  2. You do not fulfil your commitments under the Student and Associate terms and conditions; or
  3. If there is a finding of misconduct against you under the Disciplinary and Capacity for Membership Schemes.

**The Disciplinary and Capacity for Membership Schemes may still apply in relation to circumstances arising before termination of your membership.

Read the full Student and Associate Terms and Conditions 

Filter or search events

Start date
E.g., 16/10/2021
End date
E.g., 16/10/2021

Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Spaces available

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    In this webinar, we will discuss how cause-of-death data from the Office for National Statistics can help us to understand how inequalities arise at the all-cause level. The key to understanding mortality inequality is to think about the chain that connects risk factors, relative risks, and cause-of-death mortality through to all-cause mortality.

  • Spaces available

    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.