You are here

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 should be made by 31 October to avoid any surcharge

Subscription rates from 1 October 2017 are:

Membership Category Subscription 2016/2017
Fellow (Full Regulation) £730.00
Fellow (Partial Regulation) £365.00
Associate (Full Regulation) £485.00
Associate (Partial Regulation) £241.00
Certified Actuarial Analyst £250.00
Student Actuarial Analyst £170.00
Student (UK/EU/Overseas) £241.00
Affiliate £73.00
Reduced subscription £73.00
  • If your subscription is not paid by 31 October, a late payment surcharge of 10% will be applied
  • If it is not paid by 30 November, a 20% surcharge will be applied. 

For full details, please refer to the Subscription Policy.

The Subscription Policy also contains details about:

  • criteria for reduced rate subscriptions
  • Partial Regulation
  • payments by direct debit
  • defaulting
  • reinstatement
  • resignation
  • payments for transfer to Fellow/Associate.

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

You can obtain your own personalised subscription notice and make payments in the ‘My account’ section of the website

Once you are in your 'My account' section of the site, your subscription notice can be found under 'My subscriptions'; payments can be made under 'My payments'; and receipts can be found under 'My receipts and purchases'.

Methods of payment include:

Bank Details  
Account Name: Institute and Faculty of Actuaries
Account Number: 08671990
Sort Code: 56-00-20
SWIFT NWBKGB2L
IBAN GB98NWBK56002008671990
  • bank transfer.  If paying by this method please send a copy of your remittance advice to the Membership team.
  • cheque - made payable to the Institute and Faculty of Actuaries
  • credit/debit card if paying online
  • PCIPAL
  • PayPal
  • annual direct debit - contact membership@actuaries.org.uk to obtain a direct debit mandate.

Making card payments by telephone

We have recently changed the way we take card payments over the 'phone.

If you call us to make a payment, we will ask you to make your payment by inputting your card details directly into your 'phone.  It's quick and easy, and a secure way of entering the details.  The card data is captured by a secure telephone line and passed directly to the bank, without anyone but you knowing these details.  The Membership team can be contacted on: +44 (0) 131 240 1325.

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

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 current annual subscription rates for SIAS are:

Status Subscription
SIAS   Fellow/Affliate £23
SIAS   Student/Associate £12

The current annual subscription rates for all IAA Sections are:

IAA Section Subscription
AFIR (Financial Risk/Risk Management) £33
ASTIN (Non-Life or General Insurance) £33
IAAHS (Health) £33
IAALS (Life) £33
PBSS (Pensions, Benefits and Social Security) £33
IACA (Consultants) £33
AWB (Actuaries Without Borders) £33

The simplest way to subscribe to one or more of the IAA Sections 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.

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.