• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

Approved Calculator Recommendation

Why do you need a calculator? Who uses one in the modern workplace? A decade to pass exams which demonstrate that I’m competent in using a calculator, but only a basic one approved by the IFOA mind.
 
Hello :)

Among the approved calculators, is there a particular one that’s better than the others?

https://www.actuaries.org.uk/studying/prepare-your-exams/authorised-calculators

Any help or recommendations with reasons would be much appreciated :)

Thank you!
Personal preference I suppose, but I like the Casio ones. If you're buying a new one, try to get used to it when doing your revision. I found that being quick on the calculator can definitely help with time pressured exams like CT5.
 
The recommended ones are all pretty standard, boring calculators. The exception is the hp-12c which is only permitted in because it was there before they started to restrict calculators and now they can't get rid of it.

If you get quick at writing macros the HP can be quite useful.
 
Doesn’t having a calculator that can write macros defeat the object of having a standard calculator list?

The calculator which I inadvertently used in ST3 which didn’t require a calculator other than to perform addition and subtraction, didn’t have any macro Capability cost me an extra 2 years of study. How can it be the case that such a calculator is permitted?
 
Doesn’t having a calculator that can write macros defeat the object of having a standard calculator list?

The calculator which I inadvertently used in ST3 which didn’t require a calculator other than to perform addition and subtraction, didn’t have any macro Capability cost me an extra 2 years of study. How can it be the case that such a calculator is permitted?

Oh that reminds me of a time when someone sitting the CT4 exam had to go around the university looking for someone with an approved calculator because they happened to have the unapproved Casio fx-95 calculator, which as far as I know doesn't have any functionality that the approved Casio fx-85 doesn't already have. Luckily for them this was found before the exam started, so no penalties were applied.
 
Back
Top