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First RPS fee rise in six years

Fees for existing RPS members will not change until their next renewal date

Pharmacist membership will rise by £6 to £198 next year, while pre-registration students will pay an extra £2

The Royal Pharmaceutical Society (RPS) will raise its membership fees in 2016 for the first time in six years.

The RPS assembly agreed the £6 rise to £198 for standard membership to ensure the society “continues to deliver a first-rate service to members”, it said yesterday (August 20).

Fees for pre-registration students will rise by £2 to £72, the RPS said, in its first fee rise since relinquishing its regulatory role. Fees paid by direct debit are discounted, and will increase by a smaller amount. 

The majority of members will experience a fee increase of between 2.7 and 3.1%, the RPS said.

The fees will apply to pharmacists joining the RPS from January 1. Fees for existing members will not change until their next renewal date – “on or around March 1 for the majority of members”, it said.

The society thought “long and hard” about the increase, which it believes “accurately reflect the current value of RPS membership”, said president Ash Soni. “I hope pharmacists will recognise this and continue to support their professional body through continued membership,” he added.

The RPS would not comment on how much it revenue it estimates the fees rise will generate.

RPS member Cathy Cooke told C+D she thinks the new membership fee is “still very good value” considering the “resources, support and range of engagement promoting the profession” the society provides.

In June, the RPS insisted its finances were "strong", despite reporting losses of more than £1 million in 2014. The society had budgeted for a loss of £1.2m in 2015 and had retained 93 per cent of its members, it said at the time.

The same month, the RPS moved into its new £6m headquarters near Tower Hill, London. The move is expected to save the society £500,000 a year in running costs, it said.

Members can comment on the new fees by emailing [email protected] before October 21.

2016 fees

 

Standard fee

Annual direct debit

Fellow, member, pharmaceutical scientist, associate

£198  (up £6)

£187  (up £5)

Pre-registration associate

£72   (up £2)

£68   (up £1)

Discounted fees

Member:

  • First year after qualification
  • Second year after qualification


 

£99     (up £3)

£148   (up £4)

 

£93    (up £2)

£140   (up £3)

Fellow, member, pharmaceutical scientist, associate:

  • Maternity leave
  • Retired
  • Not working
  • Long-term illness

£72    (up £2)

£68    (up £1)

Overseas member

£104   (up £4)

£98   (up £3)

Student:

  • Studying for GB pharmacy degree
  • Studying for non-GB pharmacy degree

 

£0

£50 (no change)

 

£0

£48 (no change)

Honorary fellow, honorary member

£0

£0

 


What do you think about the fee rise?

We want to hear your views, but please express them in the spirit of a constructive, professional debate. For more information about what this means, please click here to see our community principles and information

7 Comments

Angela Channing, Community pharmacist

Maybe they could link their fee to the movement of locum rates and salaries? Should be less than £100 by 2020, the way we're going.

John Randell, Non Pharmacist Branch Manager

here is a strategy....before the windfall from your previous investments runs out look to be come a publishing company for the PJ....change member to be inline with other magazines such as RSC.... price point should match rsc and website should be upto this standard http://www.rsc.org/chemistryworld/ if i paid £90 for years subcription to the PJ i wouldnt mind......but i would expect a magazine with high polish and great advise etc....

Prafulkumar Soneji, Locum pharmacist

It seems John Randell that there is something wrong with shift key/capitals lock key on your computer!!!

John Randell, Non Pharmacist Branch Manager

rpcs costs £198 gphc costs £250 Thats approximatly £450 pounds per year, the going rate in birmingham for pharmacists is 13 pound per hour......no one has £198 pounds sitting about especially if you have a young family or trying to save for a mortgade WE DONT EARN THAT MUCH ANYMORE AND MOST FEEL £198, IS MONEY BEST SPENT ELSEWHERE LIKE A SAVINGS ACCOUNT OR THE STOCK MARKET....RPS ADJUST OR DIE SIMPLE.....WHAT ARE YOU OFFERING FOR THAT AMOUNT.....CONVINCE ME

John Urwin, Community pharmacist

I suspect I won't be the only community pharmacist giving serious thought to my continued membership in the light of the RPS' current lobbying activities.

Gerry Diamond, Primary care pharmacist

I agree that it is an awful lot and you don't get any representation atleast RCN which is about the same gives its nurses employee representation, a voice for the nursing profession respected by government, leadership, CPD, accreditation for advance practice status which is a lot less complex than the RPS convoluted unaccredited unrecognised Faculty system. The RPS is an expensive shambles! Anyway cancelled mine because the monthly fee covers my sheltie dog's pet insurance for the vet, and we pharmacists ain't as well paid as we were in years gone by. X

Chris ., Community pharmacist

The most expensive magazine subscription in the world is..........

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