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Consultation on changes to Practising Certificates

The Institute and Faculty of Actuaries has today launched a consultation on proposals for changes to its Practising Certificates (PC) requirements.

This includes changes to the approach to determining suitability for a PC (including the type of criteria used) as well as changes to the process for applying and renewing.

This comes from a review of the PC Scheme, where we identified a number of ways in which we believe the scheme can be improved to ensure that it is as effective, fair and proportionate as possible. There are also proposals included that should make the process more efficient for applicants.

The consultation on the proposals closes on 1 July 2021. We encourage you to read the proposals and give us your views.