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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).

To support our members during the global coronavirus crisis, we have extended the payment schedule for the 2020/2021 subscription year. This means that you have until 14 November 2020 to pay your subscription without surcharge. The surcharge that will be applied for late payment on 15 November will be just 1%, with a further 1% surcharge added on 2 January 2021.  If your subscription remains unpaid by 15 February 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 2020 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 membership@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 detailed within the Dual Membership status application form, please complete and return the application to membership@actuaries.org.uk.

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 2020/2021 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 membership@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 membership@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.

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 membership@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:

membership@actuaries.org.uk

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

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Events calendar

  • India Town Hall

    Webinar
    28 January 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual India Town Hall 2021, hosted by John Taylor with IFoA Council Member Mahidhara Davangere and IFoA Chief Executive, Stephen Mann. 

  • Spaces available

    What are the options for the world economy looking ahead?

    In this Thought Leadership Lecture, Economist, Vicky Pryce, will be discussing world economic trends, including the differences in geographical performance and how output is recovering and where.

  • Spaces available

    Trust and Leadership for Actuaries

    Led by Dr. Jim Baxter, University of Leeds, this webinar introduces some key ideas in the ethics of trust, with a particular focus on those in, or on the path to, leadership roles. Dr Baxter is joined by a panel of experienced leaders who will give their personal perspectives on how they understand the value of trust and how they seek to promote and inspire trust, drawing on their experiences of leadership. The panel includes:

  • Health and Care Hot Topics webinar

    Online webinar
    10 February 2021

    Spaces available

    In this webinar, we have two presentations showing the latest research on the implications for life and health insurers of two key issues: genomics and pandemic risk.

    Dr Peter Joshi and Paul Timmers will share their research on how well-established underwriting processes can allow for genomics in predicting expected mortality and morbidity. They will then discuss the potential for stratified screening and personalised medicine to improve health and reduce claim costs.

  • Spaces available

    As the world’s attention begins to turn to COP26 later this year in Glasgow, Sarah Gordon (Chief Executive, Impact Investing Institute) will share her vision for how the financial services industry can deliver for people and the planet, as well as how to encourage more investment with the intention to generate positive, measurable social and environmental impact alongside a financial return.

  • Sub-Saharan Africa Town Hall

    26 February 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual SSA Town Hall 2021, hosted by John Taylor with IFoA Council Members Mukami Njeru, Prosper Matiashe and IFoA Chief Executive, Stephen Mann.

  • MENAP Town Hall

    2 March 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual MENAP Town Hall 2021, hosted by John Taylor and IFoA Chief Executive, Stephen Mann.