Changes in circumstance

Retired membership

The IFA understands that some members are coming to the end of their professional career but would like to continue their membership with us.

We offer a retired membership level and to be eligible you will need to meet the following criteria:

  • fully retired from all remunerated activity; and
  • be either an Associate or Fellow of the IFA.

You will also need to surrender your IFA practising certificate if you previously held one.

By accepting this level of membership your rights to act in a voluntary role are not affected. However, if you do provide voluntary services you will need to comply with the IFA’s CPD requirements.

The IFA reserves the right to request evidence to support your retired membership application.

Download the retired application form.

Lifetime membership

The IFA is able to reward its long-standing members with a Lifetime Membership at their current grade. To be eligible for this level of membership, you will need to meet the following criteria:

  • fully retired from all remunerated activity;
  • be over 60 years of age;
  • have been a member with the IFA for over 30 years; and
  • be either an Associate or Fellow of the IFA.

You will also need to surrender your IFA practising certificate if you previously held one.

By accepting this level of membership your rights to act in a voluntary role are not affected. However, if you do provide voluntary services you will need to comply with the IFA’s CPD requirements.

The IFA reserves the right to request evidence to support your lifetime membership application.

Download the lifetime application form.

Reduced membership subscriptions

The IFA will always try and implement an open, honest and transparent way of assisting those members who may need help with their subscription fees.

Eligibility for reduced membership subscriptions

You can apply for a reduction in your annual membership fee if you:

  • are on a low income (see bands A and B below for what consists a low income)
  • are unable to return to work due to raising a family full time
  • are unable to return to work due to being a full-time carer
  • have left the accountancy profession to pursue a religious vocation
  • have re-entered full-time education to obtain a further qualification relevant to the field of accountancy
  • are experiencing long-term unemployment
  • are suffering from a prolonged illness that has prevented you from seeking employment.

As part of the application process we will ask you to provide evidence to support your request which should be made against one of the outlined criteria above.

All requests should be made in writing addressed to the Membership Manager. You can send them to our office address or email to davidh@ifa.org.uk

The table below summarises the reduction in membership subscription based on income.

Band A

In order to be eligible for a Band A reduction on your annual membership fee, you must earn an annual income of less than £4,999.99.

If you can demonstrate this, the IFA will reduce your annual membership fee by 75%.

You will need to re-apply for this each year.

Band B

In order to be eligible for a Band B reduction on your annual membership fee, you must earn an annual income of between £5,000.00–£19,999.99.

If you can demonstrate this, the IFA will reduce your membership annual fee by 50%.

You will need to re-apply for this each year.

To apply please contact the membership department at membership@ifa.org.uk.