The RTPI core subscription for chartered members will be £290 from January 2015.
The new core rate is still considerably lower than most chartered members were paying in 2009.
The Board of Trustees has held the core rate steady - with no increases for the last five years, recognising how important it was to support members during a particularly challenging time. We also resisted automatic yearly inflationary increases, in contrast, for example, to some sister institutes who have implemented subscription increases from 2012.
Andrew Taylor, Chair of the RTPI Board of Trustees said: “Our centenary survey, completed by over 5,700 members, reinforced the message that members have big aspirations for their professional institute. In the coming years, we need to ensure therefore that the resources are available to support the work required to deliver these aspirations across England, Scotland, Wales, Ireland, Northern Ireland and internationally. This has led us to conclude that we need to make a moderate increase in the subscription fees for next year”.
The RTPI also announced free membership to all students on RTPI accredited courses.
A key part of the strategy to support the pegging of members rates, has been the way in which the Institute has itself made very significant savings in recent years, as well as considerable efforts to diversify income streams. Savings by the Institute to its cost base have amounted to over £500k since 2009.
All membership class subscriptions are based on a proportion of the core rate. A full list of subscriptions for 2015 can be seen here