Council news

27 May 2014

A major focus for Council this year has been the development of a new five-year strategy for the Institute. At its meeting on 8 May, Council reviewed a first draft of the strategy, which has been put together following wide consultation with members, committees of Council and from feedback from two Council workshop sessions. Further work and consultation will take place before a final version is approved at the July Council meeting

Innovation Awards

Diversity issues also featured on the agenda as Council reviewed the implementation of best practice in the area of diversity monitoring and the current ways in which the Institute collects and uses this data. On a related item, Council asked the Membership Committee to look at ways to address the low number of women who are being nominated for fellowship.

In preparation for this year’s annual general meeting, to be held at the Institute’s headquarters in London on 18 July, Council approved the annual report and accounts and reviewed 2015 subscription rates for recommendation to members.

The report and summary accounts are available on MyIOP. The recommendation on subscriptions is for these to increase for most grades of membership in 2015, based on a measure of CPI. The concession of free membership for those aged 70 or over will end for those reaching that age from 1 January 2015, but there will be no increase in the subsidised rates available for those on low incomes, as well as IOPimember and student categories.

The Chartered Physicist registration fee will increase to £25, the first increase since 2010, reflecting that this income is used directly to fund IOP careers and CPD services for members as well as its professional standards functions.

Council also received an update on progress with the redevelopment of the Institute’s new home in Balfe Street.