22nd June 2013, 09:37 PM
IfA already has 3 grades of corporate membership (Practitioner,Associate, Member)and there is no reason why these wouldn't continue if the organisation gained a Royal Charter. I would like to see an additional Chartered grade established that would require both examination and experience to attain. Surely this would satisfy those who criticise the higher ranks of IfA as being out of touch, inexperienced and/or self seeking. But the only way that is going to happen will be through IfA members insisting upon it, by making sure the Charter doesn't allow the current crop of MIFA just to transfer their membership status from corporate to Chartered status...my opinion is that no amount of criticism by non-members will make that happen....only those who sign up will get a say and/or be influential in setting the standard for years to come....
With peace and consolation hath dismist, And calm of mind all passion spent...