ERM Practice Professionalism Event
The new professionalism training requirements for Fellows and Associates are effective for the 2017-2018 CPD year. These requirements replace the previous requirement for Fellows and Associates to complete a 1-day Society professionalism training event every 10 years. Most Fellows and Associates are now required to complete 2 hours of verifiable* professionalism training in every CPD year. Full details of the new requirements are available on our website.
The aim of this event is to provide an opportunity for ERM professionals to meet and discuss professionalism issues. We expect the majority of the content to be cross practice in nature and therefore the event is not restricted to members working in ERM.
Practice-specific Professionalism Events are also scheduled for May and June (see the Events page for dates). Please note that there is significant over-lap in content between these events. Members should not attend more than one of these events
How else can I meet the professionalism training requirements ?
Members may also meet the professionalism training requirements through other events, activities and verifiable online resources, subject to satisfying the criteria for eligible third party activities in section 3.3 of the requirements (see also section G.3 of the Guide to ASP PA-1 Version 1.5 including FAQs for details of how to use online resources for verifiable CPD). For example, IFoA members may access the IFoA’s online video case studies**, which are updated annually.
*A verifiable activity is an activity where either the activity itself, or its outcome, is observed by others. See https://web.actuaries.ie/standards/asp/asp-pa-1 for a full definition.
**Please note that IFoA online learning resources do not automatically issue an email or electronic verification so you must save a screen shot of the end of the video clip to verify that you have watched it. See section G.3 of the Guide to ASP PA-1 Version 1.5 including FAQs for details of how to use online resources for verifiable CPD.