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Subscription information

The subscription year runs from 1 October to 30 September each year regardless of the date you joined the Institute and Faculty of Actuaries (IFoA).

Subscription payments become due for renewal on 1 October 2021 and you have until 31 October 2021 to pay your subscription without surcharge. The surcharge that will be applied for late payment on 1 November 2021 will be just 1%, with a further 1% surcharge added on 1 December 2021.  If your subscription remains unpaid by 31 December 2021, your membership will be cancelled.

If you need to make any changes to your subscription rate, such as applying for Dual Membership or a reduced rate, please do so before making any payment.

For full subscription information, please refer to the Subscription PolicyYou will also find all subscription rates from 1 October 2021 within the Membership Subscriptions Table.

Optional subscriptions

The IFoA also collects the optional subscriptions for the Staple Inn Actuarial Society (SIAS) and for the specialist sections of the International Actuarial Association (IAA).

The simplest way to subscribe to any of the optional subscriptions is to email memberservices@actuaries.org.uk.  We will set up the subscription for you and you can pay online.

Download the Sections Brochure for more information.

Dual Membership Status

Fellows and Associates of the IFoA who are current members at the equivalent level of another actuarial body which is a full member association of the IAA may apply for Dual Membership status. If you meet the criteria set out in the application, you can complete the Dual Membership application form for 2021-2022 after you have logged on to the IFoA website. Applications for 2021-2022 must be made by 31 December 2021.

Reduced rate subscription (income based)

If your income falls below the threshold for your membership status, you can apply for a reduced rate subscription. The income threshold for each category of membership for 2021/2022 are listed in the table below:

Membership status Income threshold
Fellow £21900
Associate £14550
Certified Actuarial Analyst £7500
Student Actuarial Analyst £5100
Student £7230

Applications for a reduced rate subscription can now be made online in the 'My Account' section of the website.

In the 'My Account' section of the site you can also:

  • obtain your subscription notice under 'My subscriptions';
  • make payments under 'My payments'; and
  • obtain receipts for all payments made from 'My receipts and purchases'.

Reduced rate subscription (non-income based) for Fellow, Associate and CAA Members

You can also apply for a reduced rate subscription if you are:

  • not in paid work which relies upon your actuarial training and experience, in the widest interpretation, or on your membership of the IFoA;
  • in an actuarial role but do not work for more than 20 hours during the subscription year; or
  • have exceptional circumstances that justify application of the reduced rate, such as serious ill health.

To make an application under the above criteria, please complete the application form and return to memberservices@actuaries.org.uk.

Members who are fully retired and have been registered as non-practising will benefit from the reduced rate subscription.

Ways to pay

Bank transfer

Use the details below and send a copy of the remittance advice to memberservices@actuaries.org.uk so we can allocate your payment.

Bank Details
Account Name: Institute and Faculty of Actuaries
Account Number: 08671990
Sort Code: 56-00-20
SWIFT NWBKGB2L
IBAN GB98NWBK56002008671990

Credit or debit card

Simply go to 'My Payments' section in the 'My Account' area of our website or call us on +44 (0)131 240 1325 or +44 (0) 1865 268 207.

We accept Visa, Mastercard and American Express.

Paypal

Simply go to the 'My payments' section in 'My Account' area of our website and select to pay by PayPal.

Annual direct debit

Contact memberservices@actuaries.org.uk with your sort code and account number.

Before making any payment, please ensure that your subscription notice shows the correct subscription rate.

Related documents

Contact Details

If you have any questions about subscription rates please contact or telephone:

memberservices@actuaries.org.uk

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

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