Members of the IFoA voted to adopt Chartered Actuary designations in a vote conducted online by Civica Election Services between 15 November and 13 December 2022. Voting is now closed. This page will be maintained to provide information on the new Chartered Actuary designations.
IFoA members voted 68.2% for proposals, 31.8% against. 6,438 members cast a vote – a record total for the IFoA.
This vote confirms the intention to adopt Chartered Actuary designations, but members do not have the right to use these designations until this is confirmed through formal approval from the UK’s Privy Council.
The IFoA will email all members directly to let you know when you are able to use Chartered Actuary designations and how to make the most of them.
Chartered status will:
Fellow IFoA members will be designated Chartered Actuary (Fellow) – using the post-nominals:
Associate IFoA members will be designated Chartered Actuary (Associate) – using the post-nominals:
Members who prefer to do so will be able to keep using traditional designations of Fellow or Associate of the IFoA, with the post-nominals FIA/FFA or AIA/AFA.
If you have any queries, please email us at charteredactuary@actuaries.org.uk
Find out answers to frequently asked questions about the Chartered Actuary proposals
Matt Saker and colleagues from our Council explain the proposal and answer member questions to help inform your vote.
Stephen Mann and colleagues from our Council explain the proposal and answer questions to help inform your vote.
Read why members think the move to Chartered Actuary status is important
Matt Saker explains why Chartered status is the way forward for the profession.
Read the rationale for the move to Chartered Actuary designation
"A rose by any other name would smell as sweet… except that in a modern world, there is huge value and cachet in a brand, in a unique mark. As a Royal Chartered professional body, we have a unique global opportunity to distinguish ourselves. ‘Chartered Actuary’ is reserved only for IFoA members. It can’t refer to a new graduate with an actuarial degree. It can’t refer to other qualifications or membership of any other bodies. Only IFoA members.
That brand is a mark of respect, an honour and a privilege. It is a covenant to provide diligence, skills, professionalism and the highest standards of ethics, in every piece of work. Choose to become Chartered."
Nick Spencer, Sustainable Investment Adviser, Gordian Advice
If you're an IFoA Associate or Fellow, check your inbox for an email from CES to vote for #CharteredActuary today. pic.twitter.com/45lruHhzxI
— IFoA (@actuarynews) November 16, 2022
