The Modules are available in each of the five Specialist Advanced subjects and we strongly recommend that every UK based student taking a Specialist Advanced paper takes the relevant UK Practice Module at the same time. You can find the Syllabus for the modules at the end of this page.
|P1 - Health and Care||P3 - General Insurance||P7 - Investment and Finance|
|P2 - Life Insurance||P4 - Pensions|
You need to pass one of these exams to practise in the UK in a reserved role, such as an actuarial function holder, with-profit actuary, reviewing actuary, scheme actuary or Lloyd's Syndicate actuary
To enter for a UK Practice Module exam please apply via the Members' area on the website.
If you are unable to book via the Members' area, or can only pay by BACS, please complete and return the application form.
In order to sit a UK Practice Module exam candidates are required to agree to, and be bound by, the IFoA Assessment Regulations.
You don't need to pass a Practice Module to qualify as a Fellow, but we recommend that new qualifiers who have not passed one of these exams while doing their fellowship exams sit the relevant practice module within 18 months of qualifying.
Each UK Practice Module exam consists of a 90 minute multiple choice exam in two parts, which must be taken under strict examination conditions.
The two parts of the exams are:
- A generic section (P0) covering the knowledge and understanding of UK business practice, legislation, and regulation. This section is common to all UK Practice Modules and cannot be taken separately.
- A section specific to the subject specialism. The core reading for the relevant specialist applications exam will be suitable for revising for this section of the UK Practice Module exam.
The pass mark for the UK Practice Module exams is 74%.
When you apply for a UK Practice Module exam you will be able to access this on the IFoA's Virtual Learning Environment (VLE) within five working days.
Examinations will be valid for a 90 day period. If you do not complete your UK Practice Module examination within this time you will need to re-apply and you will be charged the exam fee.
From 1 July 2019 we will be using the P0 2020 edition of core reading and the new 2020 Practice Module core reading which will be available from the ActED website.
|Syllabus for the UKPM (2019)||Subjects P0-P7. Syllabus for the 2019 exams|
|Syllabus for the UKPM (2020)||Subjects P0-P6. Syllabus for the 2020 exams|
Related documents - The documents below will be replaced shortly with updated versions to reflect the changes to the platform
- 16 December 2020
- 4 January 2021
- 9 July 2021
- 14 May 2021
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