Each November, IfA Council considers what, if any, increase should be applied to its minimum recommended salaries from April the following year, advised in recent years by its working party on remuneration. The working party represents a diverse range of viewpoints and interests and, as such, is unable to make recommendations to Council but rather present a series of options to inform Council’s deliberations. Council met on 7 November and decided that IfA recommended minimum salaries should increase above inflation from 1 April 2014. The new rates are:
PIfA £17,094
AIfA £19,911
MIfA £25,738
