Actual Words  IFoA Council believes that the chartered actuary designation will increase recognition of the level of qualification and professional status IFoA actuaries (Associates and Fellows) have achieved and the standards they work to, both within and outside of areas of traditional actuarial practice, thereby benefitting IFoA members, employers and the wider public.

No evidence whatsoever has been offered to justify that conclusion. If IFoA obtained any relevant evidence, it has not been disclosed to members.