@PROFDOCDIGITALLIBRARIES
CP1
Actuarial Practice
Combined Materials Pack
for exams in 2019
The Actuarial Education Company
on behalf of the Institute and Faculty of Actuaries
,
, Subject CP1
2019 Study Guide
Introduction
This Study Guide has been created to help guide you through Subject CP1. It contains all the
information that you will need before starting to study Subject CP1 for the 2019 exams and you
may also find it useful to refer to throughout your Subject CP1 journey.
The guide is split into two parts:
• Part 1 contains general information about the Core Practices subjects
• Part 2 contains specific information about Subject CP1.
Please read this Study Guide carefully before reading the Course Notes, even if you have studied
for some actuarial exams before.
Contents
Part 1 Section 1 Before you start Page 2
Section 2 Core study material Page 3
Section 3 ActEd study support Page 5
Section 4 Study skills Page 11
Section 5 The examination Page 16
Section 6 Queries and feedback Page 17
Part 2 Section 1 Subject CP1 – background Page 18
Section 2 Subject CP1 – Syllabus and Core Reading Page 19
Section 3 Subject CP1 – the course structure Page 33
Section 4 Subject CP1 – summary of ActEd products Page 35
Section 5 Subject CP1 – skills and assessment Page 36
Section 6 Subject CP1 – frequently asked questions Page 37
, 1.1 Before you start
When studying for the UK actuarial exams, you will need:
• a copy of the Formulae and Tables for Examinations of the Faculty of Actuaries and the
Institute of Actuaries, 2nd Edition (2002) – these are often referred to as simply the
Yellow Tables or the Tables
• a ‘permitted’ scientific calculator – you will find the list of permitted calculators on the
profession’s website. Please check the list carefully, since it is reviewed each year.
These are both available from the Institute and Faculty of Actuaries’ eShop. Please visit
www.actuaries.org.uk.
CP1
Actuarial Practice
Combined Materials Pack
for exams in 2019
The Actuarial Education Company
on behalf of the Institute and Faculty of Actuaries
,
, Subject CP1
2019 Study Guide
Introduction
This Study Guide has been created to help guide you through Subject CP1. It contains all the
information that you will need before starting to study Subject CP1 for the 2019 exams and you
may also find it useful to refer to throughout your Subject CP1 journey.
The guide is split into two parts:
• Part 1 contains general information about the Core Practices subjects
• Part 2 contains specific information about Subject CP1.
Please read this Study Guide carefully before reading the Course Notes, even if you have studied
for some actuarial exams before.
Contents
Part 1 Section 1 Before you start Page 2
Section 2 Core study material Page 3
Section 3 ActEd study support Page 5
Section 4 Study skills Page 11
Section 5 The examination Page 16
Section 6 Queries and feedback Page 17
Part 2 Section 1 Subject CP1 – background Page 18
Section 2 Subject CP1 – Syllabus and Core Reading Page 19
Section 3 Subject CP1 – the course structure Page 33
Section 4 Subject CP1 – summary of ActEd products Page 35
Section 5 Subject CP1 – skills and assessment Page 36
Section 6 Subject CP1 – frequently asked questions Page 37
, 1.1 Before you start
When studying for the UK actuarial exams, you will need:
• a copy of the Formulae and Tables for Examinations of the Faculty of Actuaries and the
Institute of Actuaries, 2nd Edition (2002) – these are often referred to as simply the
Yellow Tables or the Tables
• a ‘permitted’ scientific calculator – you will find the list of permitted calculators on the
profession’s website. Please check the list carefully, since it is reviewed each year.
These are both available from the Institute and Faculty of Actuaries’ eShop. Please visit
www.actuaries.org.uk.
