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Support for members

We understand that there may be times in your professional life when personal circumstances mean that you find it hard to meet your professional obligations: health issues or other life events can take over and make it hard to prioritise matters such as CPD deadlines, Practising Certificate renewals or renewing your membership subscription.

There are a number of practical ways we can support you through such times, for example:

  • Exercising discretion where procedural deadlines are missed by Members suffering from health issues, for example missing the last date for payment of a subscription fee;
  • Helping members manage their CPD or their Practising Certificate applications. Changing membership category where appropriate or securing an exemption from the requirements of the CPD Scheme.

The first step is to get in touch with the Membership Team via cpd_feedback@actuaries.org.uk or by telephone on 0131 240 1325 to explain your situation.

We will appoint a senior member of the team to help you with your regulatory obligations.

Practical examples

Some practical examples to illustrate the support that may be offered by the IFoA:

A Category 2 Member (non PC-holding Fellow or Associate) alerts the Membership Team to the fact he/she will be unable to undertake CPD due to health issues.

The IFoA may, depending on the circumstances:

  • grant a partial exemption from the Member’s CPD requirements (where the Member intends to be or has been off work for more than three consecutive months, with at least one month in each applicable CPD year);
  • grant a full exemption from the requirements of the CPD Scheme where the IFoA considers that there are exceptional circumstances.

A Category 1 Member (PC holder) advises the Membership Team that he/she expects to be on leave for reasons of health issues for at least 12 months.

The IFoA may, depending on the circumstances:

  • grant a partial exemption from the requirements of the CPD Scheme (available where the member is absent from work for more than three consecutive months);
  • advise the Member of the options open to him/her if he/she chooses not to renew his/her certificate when it expires, for example:
    • automatically becoming a Category 2 member and taking up the option of applying for a partial or full exemption from the CPD requirements – per above; or
    • allow the certificate to lapse and be able to renew within 18 months of the date of expiry of the previous PC.

A Category 5 Member (Student) misses the deadline for recording their Stage 3 PST activity under the CPD Scheme due to health issues.

The IFoA may exercise its discretion and allow the late recording of CPD activity.

A Category 1 Member (PC holder) would like to resign his/her membership to allow him to fully concentrate on recovering from an illness and may or may not be interested in rejoining the IFoA at a future date.

The IFoA may grant the Member a partial exemption from the requirements of the CPD Scheme and advise the Member that on the expiry of his certificate he would automatically transfer to be a Category 2 member and could be granted a full CPD exemption. That exemption would ensure that the Member remains compliant with the CPD Scheme until his/her subscription year ends; at which point, if he/she failed to renew, his/her membership would lapse. The IFoA would set out that if he/she wished to reinstate his/her membership in the future, he/she should follow the reinstatement rules.

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E.g., 25/06/2019
End date
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Events calendar

  • SIAS Event: Navigating Organisational Politics Positively

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    3 June 2019

    Spaces available

    The term 'office politics' usually has a lot of negative connotations and indeed an inability to be able to navigate an organisation's formal processes and interact effectively with others at work can have far reaching adverse consequences.

  • Spaces available

    Public scrutiny of what investment funds deliver for consumers continues to be high profile, with the FCA’s Asset Management Market Study requiring fund managers to make (and publish) an annual assessment of value for authorised funds from the end of 2019.

  • Reimagining ageing

    Staple Inn Hall, High Holborn London WC1V 7Q
    14 June 2019

    Spaces available

    Reimagining ageing, hosted by the Institute and Faculty of Actuaries, in partnership with the ILC

  • Spaces available

    Increasing global concern over the impact of climate change has recently led to public scrutiny over the adequacy of existing risk management practices by insurance firms and pension schemes in dealing with these challenges, that potentially impact both individual actuaries and the IFOA generally.

     

  • Pensions Conference 2019

    Bristol Marriott Hotel City Centre, 2 Lower Castle Street, Old Market, Bristol, BS1 3AD
    18-19 June 2019
    Spaces available

    Covering current topics and industry trends, the conference also includes a pre-conference evening dinner (18 June) giving you the opportunity to develop your network. 

  • KSS event – FinTech and The Actuarial Profession

    EY, Atria One, 144 Morrison Street, Edinburgh
    19 June 2019

    Spaces available

    This KSS talk from FinTech Scotland's CEO will explore the mission to create an integrated Fintech ecosystem through provision of funding, support, infrastructure and talent that recognises and responds to the needs of all stakeholders - and the overarching aim for Scotland to be one of the top 5 Fintech global leaders by 2020.

    To book your place, please email Barry_Shannon@standardlife.com 

  • Current Issues in General Insurance (CIGI) 2019

    Inmarsat, 99 City Road, London, EC1Y 1BJ
    19 June 2019

    Spaces available

    CIGI is a well-established one-day seminar designed to increase awareness and encourage discussion on a variety of topical issues across the general insurance industry. 

    There will be an excellent and diverse line-up of speakers to provide a variety of perspectives and challenge covering technical and professional areas. 

  • Cass Event – New Thinking about Deferred Annuities

    Cass Business School, Executive Education Facilities 200 Aldersgate St, London EC1A 4HD
    21 June 2019

    Spaces available

    Our motivation for discussing this important subject comes from some exciting recent research which has analysed the impact of behavioural factors on the decision to purchase an annuity. This work has shown that behavioural factors can explain the well-known low demand for immediate annuities but this research also identifies an important opportunity in relation to deferred annuities (DA). The research suggests that these factors lead to positive incentives to purchase a DA and that, for longer deferred periods, a DA could be an attractive product for both consumers and insurers.

  • IFoA/SAS Joint Professional Skills Training – Singapore

    Room 903, NTUC Centre, Level 9, One Marina Boulevard, Singapore 018989
    25 June 2019

    Spaces available

    The Institute and Faculty of Actuaries (IFoA) and Singapore Actuarial Society (SAS) are organising a joint Professional Skills Training (PST) in Singapore. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • AGM and Presidential Address 2019 + Volunteer and Member Drinks Reception

    The Hub  Castlehill Edinburgh EH1 2NE
    26 June 2019

    Spaces available

    Notice is hereby given that the ANNUAL GENERAL MEETING of the INSTITUTE AND FACULTY OF ACTUARIES will be held at The Hub, Edinburgh on Wednesday 26 June 2019 at 16.30 (Preceded by tea from 16.00) and followed by a PRESIDENTIAL ADDRESS given by John Taylor.

  • IFAM event - Actuarial Teachers’ & Researchers’ Conference 2019

    Institute for Financial and Actuarial Mathematics Department of Mathematical  Sciences The University of Liverpool Mathematical Sciences Building Peach Street Liverpool, L69 7ZL
    27 June 2019 - 29 June 2019

    Spaces available

    The Institute for Financial and Actuarial Mathematics (IFAM) at the University of Liverpool is pleased to host the 2019 Actuarial Teachers’ and Researchers’ Conference from 27-28 June 2019. This annual two-day event has been running annually now for many years, each time hosted by a different university, and provides all those interested in actuarial research and education a great opportunity to share their ideas and catch up on the latest developments.

  • IFoA/ASM Joint Professional Skills Training – Kuala Lumpur

    Menara AIA, Auditorium, 99 Jalan Ampang, 50450, Kuala Lumpur
    28 June 2019

    Spaces available

    The Institute and Faculty of Actuaries (IFoA) and Actuarial Society of Malaysia (ASM) are organising a joint Professional Skills Training (PST) in Kuala Lumpur. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • SIAS: The Impact of Air Pollution on Health and Life Expectancy

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    2 July 2019

    Spaces available

    Air pollution has gained increasing attention lately. Nicola Oliver, head of longevity and mortality research for Medical Intelligence, will discuss not only the impacts of air pollution on health and life expectancy but also how as an industry we should be addressing it.

  • GIRO Conference 2019

    EICC, The Exchange, 150 Morrison St, Edinburgh EH3 8EE
    24-26 September 2019
    Spaces available

    GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year.