Learn about practising certificates at the IFoA and how to apply for them
On this page:
The IFoA operates a Practising Certificates Scheme (PC Scheme) in relation to a number of senior regulated actuarial roles. The categories for which we grant practising certificates (PCs) are:
PCs reflect that the actuary who holds them has demonstrated that they have the necessary competencies to be a PC holder and to potentially carry out one of the roles covered by the PC.
Before applying for a PC, whether an initial application or a renewal, you must read the:
To apply for a PC, you can do this through your IFoA online account under ‘Practising Certificates’ on the left hand menu once you are logged in. If you are unable to complete the online application form, you should complete the relevant application form below and return it to the PC Team at practising.certs@actuaries.org.uk. The forms are:
If you are applying for more than one PC, you can use one application to cover all PC types. Where information provided on the application is only relevant to one of the PCs being applied for, please make this clear on the application.
To help you complete initial and full renewal application forms, please read our guide to completing PC applications (PDF, 80 KB).
If you have any questions, please also see our PC Scheme FAQs (PDF, 100 KB). If this does not fully answer your question, please email us at practising.certs@actuaries.org.uk. We would be more than happy to help.
We also have some example initial application forms to guide you, including:
Please note that the examples should be used as a guide only. You should base your application on your own words to demonstrate how you meet the competencies required as set out in the relevant Competency Framework.
We also have some example full renewal application forms to guide you, including:
Please note that the examples should be used as a guide only. You should base your application on your own words to demonstrate how you meet the competencies required as set out in the relevant Competency Framework.
The current cost of a PC is £1,095.
You can make payment online or by bank transfer. Please indicate on the application how you would like to make payment.
If you are paying by bank transfer, you can do so using the following details:
| Bank details | |
|---|---|
| Account name: | Institute and Faculty of Actuaries |
| Account number: | 08671990 |
| Sort code: | 56-00-20 |
| SWIFT | NWBKGB2L |
| IBAN | GB98NWBK56002008671990 |
We set out the process for appealing a decision made by the IFoA on a PC application in our appeals process (130 KB PDF).
The Practising Certificates Committee is responsible for considering PC applications and administering our PC Scheme. You can learn more on the Practising Certificates Committee page.
If you have any questions, please get in touch at: practising.certs@actuaries.org.uk