Progressing with renewed purpose
Welcome to the IFoA annual report 2025-2026
A year of significant progress for the IFoA
We have seen changes in leadership, in processes, and in our member offering. We are looking at the way our organisation is structured, in order to ensure we operate with increased efficiency and agility for the benefit of our members.
We have also developed a considered and ambitious but achievable strategy for 2026-2029, which we believe will help us to provide actuaries, wherever they may be and whatever their area of practice, with the tools and capabilities to achieve their potential and adapt effectively to a rapidly changing world.
We aim not only to progress, but to progress with renewed purpose
Actuaries have always been trusted advisors, well-positioned to navigate change. Our strategy is designed to ensure we, as a centre for innovation, professional excellence, and relevance, help current and future actuaries to fulfil that role.
If we are to achieve that aim, we must look inward as well as outward. We must learn from and develop those areas in which we are delivering excellence, and acknowledge those in which we need to improve.
The annual report for 2025-2026 gives us the opportunity to do exactly that – reviewing where we have been and exploring where we are headed. We see where we are succeeding and where we have work to do.
We demonstrate, unequivocally, that we aim not only to progress, but to progress with renewed purpose, enhancing, adapting and developing our role as the leading global professional body qualifying, supporting, and championing actuaries, serving the public interest, and advancing actuarial science.
Hear from our leadership team
Our President Paul Sweeting, Board Chair Lord David Currie and Chief Executive Paul Lewis reflect on events and progress during 2025-2026.
