I think the qualifications are pretty similar now, maybe not « back in the day ». But the syllabus and exams seem to be pretty much the same now. And the older members who might not have made the grade for entry 30 years ago will be heading for retirement in a few years anyway so I don’t think that’s a big deal in the overall scheme of things.
I’m just seeing a very expensive campaign and a spot of disinformation, eg using CPA designation in USA, as an irritant more than anything else. And not much information about how savings are actually going to be made. I do believe that someone has done the maths but why not share this?
In terms of efficiency for the profession in the country closing unprofitable ´branches’ makes sense.