Who is eligible for exemptions?
Members who joined the IFoA before 17:00 (BST) on 31 July 2019 and hold the exemptions for subjects from the Actuaries Institute Australia until 31 December 2021 maybe eligible for exemption from certain subjects (Core Principles and CP1).
Graduates from the following universities accredited by the Actuaries Institute Australia are eligible to apply for exemptions with the IFoA:
Australian National University, Bond University, Curtin University, Macquarie University, Monash University, University of Melbourne and UNSW Australia.
Please note, exemptions must be recognised/granted by the Actuaries Institute Australia before you can apply to the IFoA. We will not grant exemptions based documentation that only confirms eligibility or documentation received from the university.
Student members have until 31st December 2022 to claim their exemptions.
Who is not eligible for exemptions?
Members who joined the IFoA after 17:00 (BST) on 31 July 2019 are not eligible for exemptions based on the exam passes or exemption recognition from the Actuaries Institute Australia. If you joined the IFoA after the 31st July 2019, please see the Transfer of Prior Learning category for further details before you consider IFoA student membership. If you joined the IFoA on or before 31 July 2019, but subsequently resigned or lapsed your membership, for a short period of time ( normally less than 12 months), you should contact Education Services to discuss your case.
From 1 January 2023 onwards the IFoA will not be accepting any applications for exemptions from the Actuaries Institute Australia.
Exemptions available are listed below.
| Actuaries Institute exams passed before 31 December 2018 | IFoA Fellowship exemptions |
|---|---|
| Part I | You may be eligible to apply for exemptions from any of the CT1-8 exams |
| Part II A - the Actuarial Control Cycle | You may be eligible to apply for an exemption from CA1 |
| Actuaries Institute exams sat or passed between 1st January 2019 to 31 December 2021 | IFoA Fellowship exemptions |
|---|---|
| Foundation Program | You may be eligible to apply for exemptions from any of the CM, CB & CS exams |
| Actuary Program (Actuarial Control Cycle) | You may be eligible to apply for an exemption from CP1 |
Further information is available from the Actuaries Institute.
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General information and practical advice that will be useful in your studies
Contact Details
Member Services Team
memberservices@actuaries.org.uk
Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD
We aim to respond to all enquiries within two working days.
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Events calendar
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TPR Climate Change Guidance Consultation
17 August 2021
Louise Pryor, IFoA President, will chair this free-to-view session, in which Alex Darsley, TPR, Actuarial Regulatory Policy, will be discussing the regulator’s Climate Change Guidance Consultation, which is seeking views on new guidance designed to help trustees meet tougher standards of governance in relation to climate change ri -
September 2021 - Exam Preparation Techniques Webinar
23 August 2021.
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This session will examine the megatrends and themes driving the Future of Work across the Financial Services industry, and how Covid-19 has accelerated new future work priorities with a particular focus on hybrid work and leadership mindset and capabilities. -
Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them. -
Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.
Louise Pryor, IFoA President, will chair this free-to-view session, in which Alex Darsley, TPR, Actuarial Regulatory Policy, will be discussing the regulator’s 
This session will examine the megatrends and themes driving the Future of Work across the Financial Services industry, and how Covid-19 has accelerated new future work priorities with a particular focus on hybrid work and leadership mindset and capabilities.
Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them.
Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.