PracticePeople In PracticeInstitute members still against ‘consolidation’

Institute members still against 'consolidation'

A 'super-institute' still seems a long way off after a new survey revealed that members of all the three institutes involved are against merger plans.

Link: ACCA woos members of rival institute

The snapshot survey of 500 members across the three institutes, by recruiters Parker Bridge, found that 64% of ICAEW members were against the ‘consolidation’, with most citing ‘a perceived loss of the value of the chartered qualification’.

However, ICAEW members’ opinions were polarised: 32% were in favour of the consolidation.

Perhaps most surprisingly, and against general perceptions, 71% of both CIMA and CIPFA members were also against the attempt to merge the three institutes.

Heads of the institutes have worked around the clock to woo council members and formulate an acceptable merger proposition, after CIMA’s rejection of the previous proposal at the end of 2005.

Related Articles

haysmacintyre makes two new hires in audit team

People In Practice haysmacintyre makes two new hires in audit team

2d Lucy Skoulding, Reporter
Deloitte hires ex-HSBC global head of IFRS as partner

Big Four Deloitte hires ex-HSBC global head of IFRS as partner

6d Lucy Skoulding, Reporter
BDO promotes 1,110 people

Accounting Firms BDO promotes 1,110 people

2m Alia Shoaib, Reporter
Deloitte appoints former RBS Group Strategy Director as partner

Big Four Deloitte appoints former RBS Group Strategy Director as partner

2m Alia Shoaib, Reporter
RSM extends private client legal services with new appointment

People In Practice RSM extends private client legal services with new appointment

2m Austin Clark, Reporter
KPMG makes UK head of automotive appointment

Big Four KPMG makes UK head of automotive appointment

2m Emma Smith, Managing Editor
Grant Thornton expands financial services regulatory team

Accounting Firms Grant Thornton expands financial services regulatory team

2m Austin Clark, Reporter
KPMG hires new head of international tax

People In Practice KPMG hires new head of international tax

2m Emma Smith, Managing Editor