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PJ Online homeThe Pharmaceutical Journal
Vol 279 No 7477 p528
10 November 2007

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Letters

• Retention fees
• Concessionary fees
• Pack sizes (5)
• Prescribing
• Controlled drugs
• Hospital infections
• Wholesalers
• Locum pharmacy
• BPC


Letters to the Editor

Retention fees

Retention fees 2008

Preparing for the future

From Mr A. C. Gush, MRPharmS

Gladly, the Royal Pharmaceutical Society’s Council has now lessened the impact of the fee increase following changes to the financial circumstances and revised planning forecast for 2008. This has also enabled feedback from members to be acted upon as much as possible.

The proposed practising retention fee for pharmacists was £425 for 2008. This has been reduced to £395. In addition, the impact on certain membership groups such as preregistration trainees and non-practising members has been lessened to reflect their more vulnerable circumstances.

When the Resource Management Committee recommended the original increase to the Council at the beginning of July 2007, the decision was based upon the best information available at that time.

In the months that have followed, I have worked closely with the senior staff at the Society to undertake a major review of the planning assumptions, the external factors and the expenditure forecast.

I can now report that we were able to make efficiency savings of £500,000 and also to revise the forecast pension provision costs. This created a window to allow the Council not only to reduce the overall pharmacists’ retention fee, but also to consider carefully feedback from the consultation process which argued for special treatment for groups such as preregistration trainees.

It was made clear through the consultation that staged payments were a major issue for our members. Therefore it must be a huge priority for the Society and, although a timetable for the introduction of this is dependent upon legislation, we are determined to take make this happen for 2009.

This has certainly been a challenging year to be the Society’s Treasurer. It has been of great importance to treat fellow members with respect and honesty and I have committed to sharing information and responding to members’ concerns, particularly through letters to the PJ.

As I have said in the past, the formal consultation process and online petition did not make for comfortable reading, but I appreciate the strength of feeling among the members and it is only right and proper that the Council has acted positively and constructively on the feedback.

I hope that members are now better aware of the financial situation that is in part inherited, and in part thrust upon the Society. Understandably members voiced their dissatisfaction with the situation and we have responded by making the biggest reductions we can, while still safeguarding our ability to invest in areas that matter most, such as education, communications and pharmacy practice.

I will continue to investigate ways of helping members financially at crucial times in their careers and also, free of the future shackling costs of regulation, develop a fees structure for the new professional body with recognisably low costs so that fees will not be a barrier to membership. We want all members to join.

As Treasurer, I am now satisfied that we have a solid base for the Society to move forward and to lead the profession creating tangible benefits for the public, for pharmacists and for our contribution to health care.

Andrew Gush
Treasurer
Royal Pharmaceutical Society

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