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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. Applications for the 2020/2021 subscription year must be made by 15 February 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 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.

Filter or search events

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E.g., 20/04/2021
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Events calendar

  • Spaces available

    Climate-Related Risk - This free to view webinar on Climate-Related Risk is the first in a series focusing on some of the ‘Hotspots’ identified in the JFAR Risk Perspective bringing the Risk Perspective to life with practical illustrations and insights from subject experts from the IFoA and other Regulators

  • Spaces available

    Recent decades have seen institutions, such as employers and financial services, give people more choice and flexibility, but these freedoms have come with more responsibilities. Individuals are now responsible for managing more of their own financial risks, from ensuring they put enough money into their pension to securing affordable protection to be financially resilient.

  • Actuarial Innovation in the COVID-19 era

    This event is online. 
    26 April 2021 - 7 May 2021
    Spaces available

    Join us for this brand new IFoA webinar weries comprising of a fortnight of webinars, panel sessions and a hackathon, that showcase the range of ways in which the actuarial profession has added value, in the public interest, to the understanding and management of the current and future pandemics through insight and learning.

  • Spaces available

    This event is now temporarily closed on Monday 26 April, but the session will be repeated on Tuesday 27 April, 09.00-10.30. Please click here to register your place. 

    Actuaries have a lot to offer biodiversity management over the next decade as the world develops more depth to its response to this global challenge. This sessional offers an opportunity to learn about this emergent risk, to contribute to our thinking as a profession and help us develop the next steps forward.

  • Europe Town Hall

    28 April 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual Europe Town Hall, hosted by John Taylor with IFoA Council Members Alan Rae, Jennifer Hartley, Maribel Vasquez Flores and IFoA Chief Executive, Stephen Mann.

  • Spaces available

    Sessional Meeting - Free to viewMis-estimation risk is a key element of demographic risk, and past work has focused on mis-estimation risk on a run-off basis.  However, this does not meet the requirements of regulatory regimes like Solvency II, which demands that capital requirements are set through the prism of a finite horizon like one year.  This paper presents a value-at-risk approach to mis-estimation risk suitable for Solvency II work

  • Finance & Investment Virtual Conference 2021

    Available to watch globally in May.
    10-12 May 2021
    Spaces available

    This year's Finance and Investment Virtual Conference takes on the timely theme of ‘resilience’, something we have all learnt a lot more about in the last year! Our diverse range of talks will explore the theme of resilience in a variety of ways including in building robust investment portfolios, in the incorporation of ESG factors, in govern

  • Spaces available

    This talk will explore the potential benefits that wearable tech can bring to health & protection insurers and their customers. The traditional approach of integrating wearables into insurance has largely focused on measuring steps and using rewards-based incentive programs to encourage more activity.

  • Spaces available

    Join us for this talk with Professor Sir Adrian Smith as part of the 'Dr Patrick Poon Presidential Speaker Series'. Professor Smith joined The Alan Turing Institute as Institute Director and Chief Executive in September 2018. In November 2020, he became President of the Royal Society, in addition to his leadership of the Turing. He is also a member of the government's AI Council, which helps boost AI growth in the UK and promote its adoption and ethical use in businesses and organisations across the country. He received a knighthood in the 2011 New Year Honours list.

     

  • CILA 2021

    Available to watch globally in May.
    19-21 May 2021
    Spaces available

    We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; on-going financial consequences of the COVID pandemic; or self-imposed changes in regulatory requirements and accounting standards.

  • Pensions Conference 2021

    Online webinar series
    16-22 June 2021
    Spaces available

    Welcome to the programme for our 2nd Virtual Pensions Conference. This year's conference features 11 webinars offering members and non-members the opportunity to get up to date content from leading experts in the pension industry. There will also be opportunity to ask questions and contribute to the discussion.