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.
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 email@example.com. 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 firstname.lastname@example.org.
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|
|Certified Actuarial Analyst||£7500|
|Student Actuarial Analyst||£5100|
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:
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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.
Ways to pay
Use the details below and send a copy of the remittance advice to email@example.com so we can allocate your payment.
|Account Name:||Institute and Faculty of Actuaries|
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Simply go to the 'My payments' section in 'My Account' area of our website and select to pay by PayPal.
Annual direct debit
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Before making any payment, please ensure that your subscription notice shows the correct subscription rate.
- 19 August 2020
- 19 August 2020
- 19 August 2020
- 28 September 2020
- 7 July 2020
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What are the advantages of using artificial intelligence (AI) in investing? What are the differences between traditional quant and AI? This new webinar discusses challenges and the future of AI in the investment sector.
Delivered by the IFRS 17 Contractual Service Margin working party.
The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields.
This session is a repeat of the one earlier today at 09:30
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.
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.
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.
This webinar will provide an update on the emerging thinking around future regulation of DB schemes:
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.
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.
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.