Upfront News
LIFELONG LEARNING
Proposed new CPD scheme: consultation open We are consulting on a proposed new continuing professional development (CPD) scheme, which is intended to make IFoA requirements easier to fulfil and return the focus of CPD to meaningful professional development and learning. The proposals have been produced in response to member feedback on the existing CPD scheme. The simplified requirements place the same obligations on all members, regardless of membership category (with an exemption for non-practising members and students). Under the proposed scheme, a greater range of activities will count towards the hours-based requirement, allowing members to participate in more varied opportunities, learning about subjects relevant to their current or future role.
Recording and evidencing activities will no longer be required, and non-compliance won’t lead to disciplinary action (except in cases where the Actuaries’ Code has been breached). Instead, the IFoA will focus on supporting members’ professional development in a reflective practice discussion. Learning needs and the outcomes of activities will be talked over, and suggestions made as to how members might continue to progress. The proposed new CPD scheme is intended to make CPD a benefit of IFoA membership, a method by which the IFoA helps its members to remain relevant in this ever-evolving, dynamic industry. Review the proposals and share your thoughts before 17 April: www.actuaries.org. uk/cpd-scheme-review-2020
IN BRIEF... Diversity of experience: benefiting from role models Members of the IFoA can be inspired by, and gain so much from, each other: mutual support, powerful collaborations, and new and even disruptive thinking. The IFoA wants to celebrate role models within the profession. Actuaries at all stages in their careers have shared their thoughts and experiences to help and inspire others. Discover some of the ways you can learn from them at bit.ly/36woVm1
LIFELONG LEARNING
Benefiting from our CPD co-ordinators’ briefing 2019 Our CPD co-ordinator’s briefing was held on 7 November and attended by representatives from more than 60 employers of our members. It involved presentations on a range of topics, under the theme ‘Lifelong Learning – providing continuous development for our members’, and included a welcome by IFoA president John Taylor. Topics covered an update on the plans for the 2020/2021 CPD Scheme review, a presentation by Dr Helen Wright, chair of the IFoA Lifelong Learning Board, on strategic direction and adapting to your professional needs, and an update about the new Professional Skills Training resources. The presentations were filmed, and the materials are available for members to access on the IFoA website. Log in and you can access them within the CPD co-ordinators’ annual briefing section of the virtual learning environment (bit.ly/2ZZv4ET). CPD can be claimed directly when viewing these presentations. You may also like to use the material to run a group session for colleagues or peers. CPD co-ordinators play a key role in engagement between the IFoA and organisations that employ our members. They receive updates, key information and opportunities, which they share with colleagues. The IFoA maintains a database of all co-ordinators. Not all organisations are represented yet; if you would like to check whether yours is, or to volunteer to act as a co-ordinator for your organisation, contact Debbie Atkins, head of engagement, at debbie.atkins@actuaries.org.uk Find out what others say about the benefits of our CPD Co-ordinators’ Briefing and the benefits of becoming a CPD co-ordinator at bit.ly/2m2zxDI 6 | THE ACTUARY | JANUARY / FEBRUARY 2020
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Annual Report of the Practising Certificates Committee The Annual Report of the Practising Certificates Committee is now available on the IFoA website at bit.ly/2MYbeV9 The report provides an update on the annual review of the Practising Certificates Scheme and includes current statistics and further suggestions for applicants to help their applications go smoothly. The report should be of particular interest to Practising Certificate (PC) holders, and those who plan to become PC holders. Please direct any queries on the report to practising. certs@actuaries.org.uk www.theactuary.com
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