IFoA vs INQA: Professional Membership Comparison

For the first time in actuarial history, qualified professionals can compare alternatives and make informed membership decisions.

💡 What is a "Professional Membership Hedge"?
Join INQA monthly from Oct 1 to maintain continuous professional membership while taking until Dec 31 to decide whether IFoA's £775 fee and restrictive new code are worth renewing. No membership gaps, maximum flexibility.

Professional Membership Comparison

Service IFoA INQA
Regulatory Requirements Required for ~10% of Fellows in reserved roles (e.g., UK Pension Scheme Actuary) Cannot replace regulatory requirements
Professional Community Large but formal Focused international network
Annual Fee £775 £65 (Verified) or £90 (Premium) + VAT if applicable
Monthly Option No Yes (£6.50-9.00 + VAT if applicable)
Market Presence Well-established, 150+ year history New organization (Dec 2024)
Forums Yes Yes
Working Parties Yes Yes [built into website]
Polls No Coming within 2 weeks
AI Assistant No Yes
Public Member Directory No Yes
Personal Professional Page No Yes
Technology Platform Pre-AI legacy system with technical debt AI-first, built from ground up
Professional Freedom Very restrictive code, intruding into personal life Member empowerment

The Smart Professional Choice

💰 Massive Savings

Save £685-710 annually compared to IFoA while getting more modern features

🛡️ Risk Management

Monthly membership allows structured evaluation without professional gaps

🚀 Modern Platform

AI-first architecture enabling features legacy organizations struggle to match

Keep Your Options Open

Join INQA monthly before Oct 1. Maintain continuous professional membership while taking until Dec 31 to make your final decision.