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IAI Actuarial Core Principles · Business Management · Activities of the Institute of Actuaries of India

The IAI wishes to check that members meet their CPD obligations. Neha Kulkarni, a member, is asked by the Institute to show evidence of her CPD for the last year. Which response is most appropriate for a professional member?

Neha should give an accurate record of the relevant CPD she actually completed and be honest about any shortfall. Presenting planned activities as done or copying a colleague's record would breach integrity, and CPD is a member's own professional obligation, not an employer's confidential matter.

  1. ARefuse, since CPD records are confidential to her employer
  2. BProvide an accurate record of relevant activities she completed, and be honest about any shortfallCorrect
  3. CSubmit a record that includes activities she plans to do next year as if already done
  4. DAsk a colleague to supply a similar record that she can copy
  5. Say that CPD only applies to members working outside India

Explanation

Members should keep accurate CPD records and cooperate with the Institute honestly. Overstating, copying or presenting planned activity as completed breaches integrity. CPD obligations are not limited to overseas work.

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