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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 invoices'; and
  • obtain receipts for all payments made from 'My receipts and purchases'.

Reduced rate subscription (non income based)

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

  • are fully retired;
  • are not in work which relies upon their actuarial training and experience, in the widest interpretation, or on their membership of the IFoA;
  • work in an actuarial role for less than 20 hours during the subscription year;
  • can demonstrate exceptional circumstances that would 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 invoices' 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 invoices' 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 payment by any method, 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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E.g., 18/10/2021
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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

    Online
    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.