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SOA ILA LFMU Pass Rates

ILA LFMU: Life Financial Management (U.S.)

48.6% April/May 2025 raw pass rate −3.0 ptsvs 51.6% in October/November 2024
All-time high
52.3%April/May 2024
All-time low
44.9%October/November 2020
Average
48.0%across 11 sittings
Std. deviation
2.3 ptssitting to sitting
Candidates tracked
3,8132020 to 2025
Sittings
11all counted
Raw pass rate
40%45%50%55%60%202020212022202320242025 April/May 2025 · 48.6%
Raw pass rate = passed / candidates sitting. Effective rate excludes candidates whose papers the society judged too incomplete to be realistic attempts.

Every ILA LFMU sitting

ILA LFMU pass rate by sitting: candidates, passed, raw rate, effective rate. Newest first.
Sitting Candidates Passed Raw rate Effective rate
April/May 2025 391 190 48.6% 51.4%
October/November 2024 430 222 51.6% 53.9%
April/May 2024 434 227 52.3% 54.4%
October/November 2023 417 206 49.4% 51.6%
April/May 2023 342 166 48.5% 50.5%
October/November 2022 304 144 47.4% 49.3%
April/May 2022 276 128 46.4% 47.6%
October/November 2021 338 156 46.2% 47.7%
April/May 2021 347 160 46.1% 48.0%
October/November 2020 225 101 44.9% 46.8%
July 2020 309 145 46.9% 47.7%

About ILA LFMU

The US 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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