Dare I say, it sounds more like punishing the IFoA for your lack of exam progression!
They're tough exams and a lot of the time some of the material does not make much sense and can be frustrating! I've been there and I have the scars also. But anything valuable is only valuable because it's not easy to have it, and the qualification is the same. If it was easy to get it wouldn't be worth that much. You may feel snookered at the moment but with the later exams form just clicks and you rattle through a 147.
What you said about them heading out to Kenya for a holiday on our membership fees, I completely agree with. This does not advance our industry or our ability as actuaries.
Last edited by a moderator: May 29, 2019