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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)

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

  • fully retired;
  • 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.

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.

Filter or search events

Start date
E.g., 28/09/2020
End date
E.g., 28/09/2020

Events calendar

  • Autumn Lecture 2020: Professor Elroy Dimson

    Online webinar
    14 October 2020

    Spaces available

    Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.

  • GIRO Conference 2020 Webinar Series

    Available to watch globally in November.
    02-13 November 2020
    Spaces available

    This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.

  • Life Conference 2020 Webinar Series

    Online
    16 November 2020 - 27 November 2020

    Spaces available

    This year's Life Conference has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.

  • Spaces available

    The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.