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Personal and Professional Development (PPD)

Personal and Professional Development (PPD) is the new requirement which applies to all learners who joined the IFoA after 1 September 2017. PPD is the replacement program for work-based skills (WBS).

What is PPD?
Personal and Professional Development is the documentation record of your work experience that all learners studying to become an Associate or Fellow need to complete alongside their examinations.

What do I need to do?
All learner members need to complete PPD in order to gain their qualification. You can find full details about this requirement in our PPD Guide. Details on filling out your PPD logs can be found under Submitting your PPD Records.

Who needs to complete PPD?
From 2018 onwards all students, and Associate members who wish to progress to Fellow, currently with the IFoA are required to submit their PPD on an annual basis. As the minimum number of credits required for PPD is only 3 credits, and 2 formal learning hours per year, we would hope that this is not too demanding and can still be obtained whilst studying for exams as not to delay qualification.

Students must inform the IFoA if they need to record a break in their PPD, for example for Parental leave, a career break or change in life or career circumstances. The IFoA will only allow a certain number of years to be recorded as a break before any previous experience logged with us will be written off. Please contact Education Services to discuss your particular situation.

Qualification Requirements for IFoA students who joined before 2 January 2019

  Minimum number of months PPD expected Number of credits required Minimum credits per year Hours of formal learning activity
Associate 12 Months 10 3 2 hours
Fellow 36 Months 20 3 2 hours

Qualification Requirements for students who joined on or after 2 January 2019

  Minimum number of months PPD expected Number of credits required Minimum credits per year Hours of formal learning activity
Associate* 24 Months 15 3 2 hours
Fellow 36 Months 5 3 2 hours

*Associateship Qualification must be obtained before progression to Fellow. An additional minimum of 12 months of PPD recording is required to obtain the Fellowship Qualification with a minimum of 20 credits recorded.

​​​​​​Objectives and Competencies

There are three core workplace areas where you will need to demonstrate the standards the IFoA expects to become a qualified Actuary. These are:

  • Effective communication.
  • Problem solving and decision making.
  • Professionalism.

In each Objective there are 10+ individual competencies. Each competency has a value of 1 or 2 credits.

Completing your online logs
Within your learner  portal you will be able select your PPD records.

Firstly choose the objective followed by the competency; there is a maximum of 250 characters to describe the activity giving specific examples. Log the date and the learning outcome which shows evidence of the knowledge obtained.  You may also record the number of learning hours.

Monitoring
The IFoA will undertake an audit of all the recorded PPD activity to ensure quality and standards are being upheld. Your record maybe selected as part of the audit; please make sure you keep all supporting evidence in the event this is requested.

You are required to discuss the activities you record with your line manager or supervisor. If you are selected for the audit process the IFoA may contact them for confirmation the PPD record you provided is accurate and correct.

We recommend you record and store the name and contact details of your line manager or supervisor.

Compliance
Students will be required to submit their PPD on an annual basis. PPD cannot be respectively logged so it must be done within your PPD year. If you miss your PPD deadline you may be subject to a non-compliance admin fee. Repeated missed deadlines and non-compliance may result in more sanctions. 

Details of non-compliance and the respective admin fees can be found in the PPD Guide.

You have a right to appeal against a rejection decision or compliance aspect if you believe that you have met the minimum requirements for successful completion of your PPD. You must submit your appeal within 40 days of receipt of final outcome.

Read more about appeals

Accredited employers
The introduction of PPD mean that we will no longer be accrediting employers. The employers concerned have been informed and we are working through the transition with them. All new employees of accredited employers from September 2017 will have to complete PPD.

Related documents

Contact Details

Education Services Team

education.services@actuaries.org.uk

Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD

+44 01865 268207

We aim to respond to all enquiries within two working days.

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Start date
E.g., 19/06/2019
End date
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Events calendar

  • Pensions Conference 2019

    Bristol Marriott Hotel City Centre, 2 Lower Castle Street, Old Market, Bristol, BS1 3AD
    18-19 June 2019
    Spaces available

    Five plenaries and 13 workshops cover current topics and industry trends in the Pension sector with the opportunity to develop your network at the pre-conference evening dinner (18 June).  There is also a day ticket option available for the 19 June. 

  • KSS event – FinTech and The Actuarial Profession

    EY, Atria One, 144 Morrison Street, Edinburgh
    19 June 2019

    Spaces available

    This KSS talk from FinTech Scotland's CEO will explore the mission to create an integrated Fintech ecosystem through provision of funding, support, infrastructure and talent that recognises and responds to the needs of all stakeholders - and the overarching aim for Scotland to be one of the top 5 Fintech global leaders by 2020.

    To book your place, please email Barry_Shannon@standardlife.com 

  • Current Issues in General Insurance (CIGI) 2019

    Inmarsat, 99 City Road, London, EC1Y 1BJ
    19 June 2019

    Fully booked.

    CIGI is a well-established one-day seminar designed to increase awareness and encourage discussion on a variety of topical issues across the general insurance industry. 

    There will be an excellent and diverse line-up of speakers to provide a variety of perspectives and challenge covering technical and professional areas. 

  • Cass Event – New Thinking about Deferred Annuities

    Cass Business School, Executive Education Facilities 200 Aldersgate St, London EC1A 4HD
    25 June 2019

    Spaces available

    Our motivation for discussing this important subject comes from some exciting recent research which has analysed the impact of behavioural factors on the decision to purchase an annuity. This work has shown that behavioural factors can explain the well-known low demand for immediate annuities but this research also identifies an important opportunity in relation to deferred annuities (DA). The research suggests that these factors lead to positive incentives to purchase a DA and that, for longer deferred periods, a DA could be an attractive product for both consumers and insurers.

  • IFoA/SAS Joint Professional Skills Training – Singapore

    Room 903, NTUC Centre, Level 9, One Marina Boulevard, Singapore 018989
    25 June 2019

    Spaces available

    The Institute and Faculty of Actuaries (IFoA) and Singapore Actuarial Society (SAS) are organising a joint Professional Skills Training (PST) in Singapore. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Webinar Series: Risk and Investment Conference 2019, 26 June

    These are online webinar events.
    26 June 2019

    Spaces available

    The IFoA’s Risk Management and Finance and Investment Boards are delighted to host a series of webinars covering a range of topical and trending topics ranging from climate related risks to Brexit.

  • AGM and Presidential Address 2019 + Volunteer and Member Drinks Reception

    The Hub  Castlehill Edinburgh EH1 2NE
    26 June 2019

    Spaces available

    Notice is hereby given that the ANNUAL GENERAL MEETING of the INSTITUTE AND FACULTY OF ACTUARIES will be held at The Hub, Edinburgh on Wednesday 26 June 2019 at 16.30 (Preceded by tea from 16.00) and followed by a PRESIDENTIAL ADDRESS given by John Taylor.

  • IFAM event - Actuarial Teachers’ & Researchers’ Conference 2019

    Institute for Financial and Actuarial Mathematics Department of Mathematical  Sciences The University of Liverpool Mathematical Sciences Building Peach Street Liverpool, L69 7ZL
    27 June 2019 - 29 June 2019

    Spaces available

    The Institute for Financial and Actuarial Mathematics (IFAM) at the University of Liverpool is pleased to host the 2019 Actuarial Teachers’ and Researchers’ Conference from 27-28 June 2019. This annual two-day event has been running annually now for many years, each time hosted by a different university, and provides all those interested in actuarial research and education a great opportunity to share their ideas and catch up on the latest developments.

  • IFoA/ASM Joint Professional Skills Training – Kuala Lumpur

    Menara AIA, Auditorium, 99 Jalan Ampang, 50450, Kuala Lumpur
    28 June 2019

    Spaces available

    The Institute and Faculty of Actuaries (IFoA) and Actuarial Society of Malaysia (ASM) are organising a joint Professional Skills Training (PST) in Kuala Lumpur. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • SIAS: The Impact of Air Pollution on Health and Life Expectancy

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    2 July 2019

    Spaces available

    Air pollution has gained increasing attention lately. Nicola Oliver, head of longevity and mortality research for Medical Intelligence, will discuss not only the impacts of air pollution on health and life expectancy but also how as an industry we should be addressing it.

  • Spaces available

    The actuarial profession has much to offer the world of banking. In this webinar actuaries with experience in various fields of banking will talk about the opportunities there are in banking; describing the actuarial aspects of the work they do as well as other roles within their area of banking.

  • Implications of 2019 IFRS 17 Exposure Draft

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    24 July 2019

    Spaces available

    Towards the end of June, the International Accounting Standards Board (IASB) is expected to publish an Exposure Draft (ED) of limited changes to its insurance contracts standard IFRS 17, effective date 2022. To help IFoA members, the IFoA’s cross-practice Financial Reporting Group (FRG) is hosting an event at Staple Inn covering these developments. 

    For more information on the FRG please visit this webpage

  • KSS event – The Regulatory Perspective

    Deloitte Saltire Court 20 Castle Terrace Edinburgh EH1 2EG
    5 September 2019

    Spaces available

    This KSS talk, presented by the FCA Head of Department in Scotland, will focus on the following 3 main areas:

    • FCA business plan priorities
    • The future of regulation
    • FCA Engagement in Scotland
  • Sessional Research Event - Risk Margin Working Party

    Staple Inn Hall, High Holborn London, WC1V 7QJ
    9 September 2019

    Spaces available

    For life insurers in the UK, the risk margin is one of the most controversial aspects of the Solvency II regime. Following its implementation, the risk margin came under considerable criticism for being too large and too sensitive to interest rate movements. These criticisms are particularly valid for annuity business – such business is of great significance to the national system for retirement provision. This criticism has led to political interest, and the risk margin was a major element of the Treasury Committee inquiry into Solvency II.

  • GIRO Conference 2019

    EICC, The Exchange, 150 Morrison St, Edinburgh EH3 8EE
    24-26 September 2019
    Spaces available

    GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year. 

     

  • Life Conference 2019

    The Convention Centre Dublin, Spencer Dock, North Wall Quay, Dublin 1
    20-22 November 2019
    Spaces available

    The Life Conference is the premier event for professionals interested in life insurance.  Offering a wide range of workshops and plenary sessions it’s the perfect opportunity to discover what’s hot and current in life insurance ensuring you get up to date on the latest thinking and innovation whilst meeting and exchanging ideas with a broad range of professionals.

  • Autumn Lecture 2019, London - Rt Hon Nicky Morgan MP

    Lincoln's Inn The Treasury Office, London WC2A 3TL
    2 December 2019

    Spaces available

    The IFoA is pleased to announce that this year’s Autumn Lecture will feature the Rt Hon Nicky Morgan MP as its guest speaker.  Nicky has previously served as Financial Secretary to the Treasury and Minister for Women. She now chairs the Treasury Select Committee whose remit is to examine the expenditure, administration and policy of HM Treasury, along with all of its agencies and associated bodies.