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SOA ILA LFMC Pass Rates

ILA LFMC: Life Financial Management (Canada)

48.8% April/May 2025 raw pass rate +6.9 ptsvs 41.9% in October/November 2024
All-time high
52.9%October/November 2020
All-time low
40.0%April/May 2022
Average
46.2%across 11 sittings
Std. deviation
3.7 ptssitting to sitting
Candidates tracked
1,1022020 to 2025
Sittings
11all counted
Raw pass rate
35%40%45%50%55%60%202020212022202320242025 April/May 2025 · 48.8%
Raw pass rate = passed / candidates sitting. Effective rate excludes candidates whose papers the society judged too incomplete to be realistic attempts.

Every ILA LFMC sitting

ILA LFMC pass rate by sitting: candidates, passed, raw rate, effective rate. Newest first.
Sitting Candidates Passed Raw rate Effective rate
April/May 2025 127 62 48.8% 50.8%
October/November 2024 148 62 41.9% 43.4%
April/May 2024 141 63 44.7% 46.3%
October/November 2023 110 55 50.0% 52.9%
April/May 2023 101 47 46.5% 48.0%
October/November 2022 83 40 48.2% 49.4%
April/May 2022 110 44 40.0% 40.7%
October/November 2021 90 41 45.6% 46.6%
April/May 2021 81 36 44.4% 46.2%
October/November 2020 51 27 52.9% 57.4%
July 2020 60 27 45.0% 46.6%

About ILA LFMC

The Canadian financial management exam of the Individual Life and Annuities track, offered from 2020 until the 2025 course-based pathway redesign.

Data: Society of Actuaries official exam statistics, 2020 to 2025. Last updated July 5, 2026.

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