Developer docs
API playgroundTry for free, no card

Search company profiles

Irish Institute of Pensions Management

Full company profile

uuid002n7ir

Namestring
Irish Institute of Pensions Management
Legal namestring
Irish Institute of Pensions Management
Websiteurl
iipm.ie
Company typeenum
Private
Founded yearint
1990
Descriptiontext

The Irish Institute of Pensions Management (IIPM) is a Dublin-based professional body founded in 1990 that promotes professional standards in the Irish pensions industry through education, qualification, and continuing professional development (CPD). Operating with 1-10 employees from its headquarters at 25 Lower Mount Street, Dublin 2, the institute serves pension professionals, scheme trustees, finance industry aspirants, and employer HR/Finance stakeholders across Ireland. Its core product portfolio spans accredited courses — the Certificate in Pensions Management, the Higher Diploma in Pensions Management (awarding a Special Purpose Award Level 8, 30 ECTS via Quality and Qualifications Ireland), the Law & Governance Programme for Trustees (QPT), and the Auto-Enrolment Course — together with monthly CPD webinars and seminars, a Mentoring Programme, three-tier membership designations (MIIPM, AIIPM, FIIPM), and a dedicated self-service CPD portal (iipmcpd.ie).

Course delivery is operationalized through a core partnership with Griffith College, which handles enrollment, facilities, and day-to-day delivery of accredited programmes on IIPM's behalf, while IIPM retains curriculum design and accreditation oversight. The technology stack is non-proprietary and minimal: GoToWebinar for webinars and a member-only CPD logging portal, with no AI/ML, API platform, or software products.

Revenue is generated primarily through three streams: annual membership subscriptions priced at €130 (MIIPM), €220 (AIIPM), and €270 (FIIPM); course fees including €1,500 for the QPT programme; and event fees of approximately €50 for non-members attending CPD seminars, with members attending free of charge. The QPT is one of only two programmes recognized by the Pensions Authority as fulfilling mandatory trustee education requirements, and the Certificate meets the Central Bank of Ireland's Minimum Competency Code, anchoring IIPM's value proposition in regulatory compliance. The institute has been twice awarded Pensions Organisation of the Year (2021, 2023) by The Irish Pensions Awards.

Short descriptiontext

The Irish Institute of Pensions Management is a Dublin-based professional body, founded in 1990, providing accredited pensions education, CPD, and three-tier membership designations to pension professionals, trustees, and finance industry participants across Ireland.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersDublin, Ireland
HQ citystring
Dublin
HQ countrystring
Ireland
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
pensions management education, professional membership institute, pensions training courses, CPD events pensions, pensions professional certification
Industry3 codes
1Pensions & Retirement Benefits Administration
CodeBPAIAKAAPrimaryYes
2Employer Retirement Plan Advisory (401(k)/Pension)
CodeFSAEABAEPrimaryNo
3Corporate & Public Pension Funds (DB/DC Sponsors)
CodeFSAAAGAAPrimaryNo
NAICS code1 code
  • Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds524292
SIC code1 code
  • Finance Services6199
Product category
Professional Pensions Education and Training
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Membership Subscriptions
TypeSubscription Recurring
Description

Annual subscription fees at three levels: MIIPM (Member) at €130, AIIPM (Associate) at €220, and FIIPM (Fellow) at €270 per year.

iipm.ie
2Professional Education Courses
TypeOne Time License
Description

Fee-based professional courses including the Law & Governance Programme for Trustees (QPT) at €1,500, Higher Diploma in Pensions Management, Certificate in Pensions Management, and Auto-Enrolment Course offered through Griffith College.

iipm.ie
3Event Fees (Non-members)
TypeTransaction Fee
Description

Non-members pay €50 for select events (e.g., June 2026 Seminar), while members attend CPD events free of charge.

iipm.ie
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
Pricing details5 tiers
1Member (MIIPM) - Entry-level professional membership
ModelSubscriptionBilling cadenceAnnual
Notes

Annual subscription €130.00 with effect from 1st January 2019. Includes CPD portal access, networking, and professional designation.

iipm.ie
2Associate (AIIPM) - Mid-level professional membership for senior roles
ModelSubscriptionBilling cadenceAnnual
Notes

Annual subscription €220.00. Requires completion of Associateship Syllabus and 3 years practical experience.

iipm.ie
3Fellow (FIIPM) - Highest membership level
ModelSubscriptionBilling cadenceAnnual
Notes

Annual subscription €270.00. Awarded by application and attestation to Associates meeting guidelines.

iipm.ie
4Law & Governance Programme for Trustees (QPT)
ModelOne time/ perpetual licenseBilling cadenceMulti-year contract
Notes

Cost: €1,500.00. One of only two programmes recognized for mandatory trustee education requirement.

iipm.ie
5June 2026 In-Person Seminar (Non-members)
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

€50 for non-members. Free for members. Includes seminar and networking reception.

iipm.ie
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

The Irish Institute of Pensions Management (IIPM) is a professional membership body for pensions practitioners in Ireland. It delivers pensions-specific education, training, CPD events, mentorship, and professional designation pathways (MIIPM, AIIPM, FIIPM) for individuals working in the pensions industry.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Meeting mandatory trustee education requirements as specified by Pensions Authority Code of Practice
+2 more records
Product overview1 text field

The Irish Institute of Pensions Management (IIPM) is a professional education organization offering a unified portfolio of pension industry qualifications and continuing professional development services. The core offering consists of accredited programmes delivered in partnership with Griffith College: the Certificate in Pensions Management (entry-level), Higher Diploma in Pensions Management (advanced), Law & Governance Programme for Trustees (QPT), and Advanced Programme in Pension Trusteeship (QPT bridging course). These are complemented by the Auto-Enrolment Course for professionals preparing for Ireland's new pension system. Beyond formal education, IIPM provides CPD seminars and webinars (free to members and non-members), a Mentoring Programme, and three-tiered membership designations (MIIPM, AIIPM, FIIPM). The CPD Portal (iipmcpd.ie) serves as the online hub for tracking professional development hours and certificates. All courses are accredited by Quality and Qualifications Ireland (QQI) and aligned with the National Framework of Qualifications.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Griffith College delivers IIPM-accredited programmes including the Higher Diploma in Pensions Management, Certificate in Pensions Management, and QPT course. IIPM provides accreditation and curriculum; Griffith College handles enrollment, facilities, and day-to-day course delivery through Zoom and campus-based classes.

2APLI (Association of Pension Funds Ireland)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

IIPM co-hosts webinars with APLI, such as the May 2026 webinar on Pension Adjustment Orders, General Pensions Landscape Overview, and Auto Enrolment. Joint events combine both organizations' expertise and networks.

iipm.ie
3WTW
Strategic tierMinorTypeGTM or Marketing Partner
Description

WTW (Willis Towers Watson) sponsored the June 2026 IIPM Seminar on Irish DC Schemes. WTW consultant John Campion served as keynote speaker on defined contribution pension consulting.

iipm.ie
Strategic tierMinorTypeGTM or Marketing Partner
Description

Arthur Cox sponsored the December 2026 IIPM Seminar on 'Navigating the Future of Work with AI.' Partner Philip Smith from Arthur Cox served as keynote speaker.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers8 records
1Association of Pension Funds Ireland (APLI)
TypeDirect peer
Description

Ireland's industry body for pension funds and providers, co-hosting webinars with IIPM. Operates in the same Irish market with overlapping membership personas (pension professionals), but focused on advocacy and policy rather than formal qualifications. Listed as an IIPM strategic partner, indicating close ecosystem alignment.

2Insurance Institute of Ireland
TypeBroad incumbent
Description

Irish professional body offering insurance and financial services qualifications, CPD events, and membership tiers. Directly comparable model (membership body with accredited courses and CPD events) operating in the same Irish financial services market, but with insurance rather than pensions as its core focus.

TypeBroad incumbent
Description

US-based global organisation providing education, certifications, and research for benefits and pension professionals. Comparable in serving employee benefit / pension practitioners with education and credentials, but at a much larger scale and broader scope including health and welfare benefits.

TypeRegional player
Description

US professional association providing retirement-plan education, credentials (e.g., QKA, QPA), and member services. Strong model peer to IIPM but operating in the US regulatory environment (ERISA/IRS) rather than the Irish Pensions Authority framework, making it a regional rather than direct competitor.

TypeOthers
Description

Irish industry body that accredits CPD hours for IIPM webinars. Adjacent ecosystem participant rather than competitor: IIPM and LIA collaborate on CPD recognition for members, reflecting overlapping but non-competing roles in Irish financial services professional development.

TypeBroad incumbent
Description

Larger, UK-rooted financial services professional body offering qualifications, CPD, and memberships spanning investments, securities, and wealth. Comparable as a credentialing and CPD institution but with a much broader remit beyond pensions; competes for the same CPD-hour wallet of Irish finance professionals.

TypeDirect peer
Description

UK professional body representing individuals working in pensions and employee benefits. Comparable to IIPM in serving a similar professional persona (pension advisers, consultants, trustees) with education, events, and policy advocacy. Operates in a different jurisdiction but offers the same kind of membership-driven professional development model.

TypeDirect peer
Description

UK-based professional body offering pensions management qualifications, CPD, and membership designations. Closest direct peer to IIPM: same model (qualifying body + membership + CPD), same customer type (pension professionals and trustees), same revenue mix (subscriptions + course fees). Geographic separation (UK vs Ireland) makes it a direct model peer rather than head-to-head competitor.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Irish Institute of Pensions Management

Professional Pensions Education and Trainingiipm.ie

The Irish Institute of Pensions Management is a Dublin-based professional body, founded in 1990, providing accredited pensions education, CPD, and three-tier membership designations to pension professionals, trustees, and finance industry participants across Ireland.

What Irish Institute of Pensions Management does

The Irish Institute of Pensions Management (IIPM) is a Dublin-based professional body founded in 1990 that promotes professional standards in the Irish pensions industry through education, qualification, and continuing professional development (CPD). Operating with 1-10 employees from its headquarters at 25 Lower Mount Street, Dublin 2, the institute serves pension professionals, scheme trustees, finance industry aspirants, and employer HR/Finance stakeholders across Ireland. Its core product portfolio spans accredited courses — the Certificate in Pensions Management, the Higher Diploma in Pensions Management (awarding a Special Purpose Award Level 8, 30 ECTS via Quality and Qualifications Ireland), the Law & Governance Programme for Trustees (QPT), and the Auto-Enrolment Course — together with monthly CPD webinars and seminars, a Mentoring Programme, three-tier membership designations (MIIPM, AIIPM, FIIPM), and a dedicated self-service CPD portal (iipmcpd.ie).

Course delivery is operationalized through a core partnership with Griffith College, which handles enrollment, facilities, and day-to-day delivery of accredited programmes on IIPM's behalf, while IIPM retains curriculum design and accreditation oversight. The technology stack is non-proprietary and minimal: GoToWebinar for webinars and a member-only CPD logging portal, with no AI/ML, API platform, or software products.

Revenue is generated primarily through three streams: annual membership subscriptions priced at €130 (MIIPM), €220 (AIIPM), and €270 (FIIPM); course fees including €1,500 for the QPT programme; and event fees of approximately €50 for non-members attending CPD seminars, with members attending free of charge. The QPT is one of only two programmes recognized by the Pensions Authority as fulfilling mandatory trustee education requirements, and the Certificate meets the Central Bank of Ireland's Minimum Competency Code, anchoring IIPM's value proposition in regulatory compliance. The institute has been twice awarded Pensions Organisation of the Year (2021, 2023) by The Irish Pensions Awards.

Irish Institute of Pensions Management firmographics

Firmographics
Name
Irish Institute of Pensions Management
Legal name
Irish Institute of Pensions Management
Website
https://iipm.ie
Company type
Private
Founded year
1990
Operating status
Operating
Headcount range
1–10 employees
Short description
The Irish Institute of Pensions Management is a Dublin-based professional body, founded in 1990, providing accredited pensions education, CPD, and three-tier membership designations to pension professionals, trustees, and finance industry participants across Ireland.
Ownership category
akta.pro rank

Irish Institute of Pensions Management industry classification

Industry
Product category
Professional Pensions Education and Training
NAICS
Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
SIC
Finance Services (6199)
akta.pro primary industry
Pensions & Retirement Benefits Administration (BPAIAKAA)
akta.pro secondary industries
Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE), Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA)

Keywords

  • Pensions management education
  • Professional membership institute
  • Pensions training courses
  • CPD events pensions
  • Pensions professional certification

Where Irish Institute of Pensions Management is headquartered

Location

Headquarters

HQ city
Dublin
HQ country
Ireland
HQ region
Europe

Offices1 record

Markets served

Irish Institute of Pensions Management business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Revenue model

  1. Membership Subscriptions: Annual subscription fees at three levels: MIIPM (Member) at €130, AIIPM (Associate) at €220, and FIIPM (Fellow) at €270 per year.
  2. Professional Education Courses: Fee-based professional courses including the Law & Governance Programme for Trustees (QPT) at €1,500, Higher Diploma in Pensions Management, Certificate in Pensions Management, and Auto-Enrolment Course offered through Griffith College.
  3. Event Fees (Non-members): Non-members pay €50 for select events (e.g., June 2026 Seminar), while members attend CPD events free of charge.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualMember (MIIPM) - Entry-level professional membership
SubscriptionAnnualAssociate (AIIPM) - Mid-level professional membership for senior roles
SubscriptionAnnualFellow (FIIPM) - Highest membership level
One time/ perpetual licenseMulti-year contractLaw & Governance Programme for Trustees (QPT)
Transaction based/ take ratePay-as-you-goJune 2026 In-Person Seminar (Non-members)

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Irish Institute of Pensions Management product offering

Product offering

Core offering

The Irish Institute of Pensions Management (IIPM) is a professional membership body for pensions practitioners in Ireland. It delivers pensions-specific education, training, CPD events, mentorship, and professional designation pathways (MIIPM, AIIPM, FIIPM) for individuals working in the pensions industry.

Product overview

The Irish Institute of Pensions Management (IIPM) is a professional education organization offering a unified portfolio of pension industry qualifications and continuing professional development services. The core offering consists of accredited programmes delivered in partnership with Griffith College: the Certificate in Pensions Management (entry-level), Higher Diploma in Pensions Management (advanced), Law & Governance Programme for Trustees (QPT), and Advanced Programme in Pension Trusteeship (QPT bridging course). These are complemented by the Auto-Enrolment Course for professionals preparing for Ireland's new pension system. Beyond formal education, IIPM provides CPD seminars and webinars (free to members and non-members), a Mentoring Programme, and three-tiered membership designations (MIIPM, AIIPM, FIIPM). The CPD Portal (iipmcpd.ie) serves as the online hub for tracking professional development hours and certificates. All courses are accredited by Quality and Qualifications Ireland (QQI) and aligned with the National Framework of Qualifications.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

  • Meeting mandatory trustee education requirements as specified by Pensions Authority Code of Practice
  • +2 more outcomes

Companies that use Irish Institute of Pensions Management

Customer profile

Named customers1 record

Segments4 records

Ideal customer profiles1 record

Irish Institute of Pensions Management technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Irish Institute of Pensions Management partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • Griffith CollegecoreChannel Partner/ Reseller/ DistributorGriffith College delivers IIPM-accredited programmes including the Higher Diploma in Pensions Management, Certificate in Pensions Management, and QPT course. IIPM provides accreditation and curriculum; Griffith College handles enrollment, facilities, and day-to-day course delivery through Zoom and campus-based classes.
  • APLI (Association of Pension Funds Ireland)coreStrategic or Co-development PartnerIIPM co-hosts webinars with APLI, such as the May 2026 webinar on Pension Adjustment Orders, General Pensions Landscape Overview, and Auto Enrolment. Joint events combine both organizations' expertise and networks.
  • WTWminorGTM or Marketing PartnerWTW (Willis Towers Watson) sponsored the June 2026 IIPM Seminar on Irish DC Schemes. WTW consultant John Campion served as keynote speaker on defined contribution pension consulting.
  • Arthur CoxminorGTM or Marketing PartnerArthur Cox sponsored the December 2026 IIPM Seminar on 'Navigating the Future of Work with AI.' Partner Philip Smith from Arthur Cox served as keynote speaker.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Irish Institute of Pensions Management competitors and assessment

Company assessment

Direct peers

  • Association of Pension Funds Ireland (APLI): Ireland's industry body for pension funds and providers, co-hosting webinars with IIPM. Operates in the same Irish market with overlapping membership personas (pension professionals), but focused on advocacy and policy rather than formal qualifications. Listed as an IIPM strategic partner, indicating close ecosystem alignment.
  • Society of Pension Professionals: UK professional body representing individuals working in pensions and employee benefits. Comparable to IIPM in serving a similar professional persona (pension advisers, consultants, trustees) with education, events, and policy advocacy. Operates in a different jurisdiction but offers the same kind of membership-driven professional development model.
  • Pensions Management Institute: UK-based professional body offering pensions management qualifications, CPD, and membership designations. Closest direct peer to IIPM: same model (qualifying body + membership + CPD), same customer type (pension professionals and trustees), same revenue mix (subscriptions + course fees). Geographic separation (UK vs Ireland) makes it a direct model peer rather than head-to-head competitor.

Broad incumbents

  • Insurance Institute of Ireland: Irish professional body offering insurance and financial services qualifications, CPD events, and membership tiers. Directly comparable model (membership body with accredited courses and CPD events) operating in the same Irish financial services market, but with insurance rather than pensions as its core focus.
  • International Foundation of Employee Benefit Plans (IFEBP): US-based global organisation providing education, certifications, and research for benefits and pension professionals. Comparable in serving employee benefit / pension practitioners with education and credentials, but at a much larger scale and broader scope including health and welfare benefits.
  • Chartered Institute for Securities & Investment (CISI): Larger, UK-rooted financial services professional body offering qualifications, CPD, and memberships spanning investments, securities, and wealth. Comparable as a credentialing and CPD institution but with a much broader remit beyond pensions; competes for the same CPD-hour wallet of Irish finance professionals.

Regional players

  • American Society of Pension Professionals & Actuaries (ASPPA): US professional association providing retirement-plan education, credentials (e.g., QKA, QPA), and member services. Strong model peer to IIPM but operating in the US regulatory environment (ERISA/IRS) rather than the Irish Pensions Authority framework, making it a regional rather than direct competitor.

Others

  • Life Insurance Association (LIA): Irish industry body that accredits CPD hours for IIPM webinars. Adjacent ecosystem participant rather than competitor: IIPM and LIA collaborate on CPD recognition for members, reflecting overlapping but non-competing roles in Irish financial services professional development.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Irish Institute of Pensions Management social profiles

Digital presence

Irish Institute of Pensions Management compliance and trust

Trust signal

Compliance3 records

Irish Institute of Pensions Management financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Irish Institute of Pensions Management leadership team

Management profile

Number of profiles

Irish Institute of Pensions Management funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Irish Institute of Pensions Management M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Irish Institute of Pensions Management

What does Irish Institute of Pensions Management do?

The Irish Institute of Pensions Management (IIPM) is a professional membership body for pensions practitioners in Ireland. It delivers pensions-specific education, training, CPD events, mentorship, and professional designation pathways (MIIPM, AIIPM, FIIPM) for individuals working in the pensions industry.

Is Irish Institute of Pensions Management a public or private company?

Irish Institute of Pensions Management is a private company. It is classified as unknown and is currently operating.

When was Irish Institute of Pensions Management founded?

Irish Institute of Pensions Management was founded in 1990. It employs 1 to 10 people.

Where is Irish Institute of Pensions Management based?

Irish Institute of Pensions Management is headquartered in Dublin, Ireland, in the Europe region.

How does Irish Institute of Pensions Management make money?

Three revenue lines are on record. Membership Subscriptions are the primary driver. The others are professional Education Courses and event Fees (Non-members).

Who are Irish Institute of Pensions Management's main competitors?

Direct peers on record are Association of Pension Funds Ireland (APLI), Society of Pension Professionals and Pensions Management Institute. Broad incumbents are Insurance Institute of Ireland, International Foundation of Employee Benefit Plans (IFEBP) and Chartered Institute for Securities & Investment (CISI). American Society of Pension Professionals & Actuaries (ASPPA) is listed as a regional player. Life Insurance Association (LIA) is listed as an others.

Does Irish Institute of Pensions Management have an API?

No public API is recorded for Irish Institute of Pensions Management.

What industry is Irish Institute of Pensions Management in?

Irish Institute of Pensions Management's product category is Professional Pensions Education and Training. Its primary akta.pro industry code is BPAIAKAA, Pensions & Retirement Benefits Administration, with a secondary code of FSAEABAE, Employer Retirement Plan Advisory (401(k)/Pension). Its NAICS code is 524292 and its SIC code is 6199.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales