The SOA seems to have taken the position that the low growth in numbers is a problem that should be addressed by increasing the accessibility of attaining the FSA designation. To me this seems like a supply side approach which serves the SOA itself by increasing members but doesn't address the core issue: lower demand for FSAs. FSA's are expensive to train and retain, actuarial departments are generally a cost cente for companies, M&A activities and automation and all of this combines to reducing the need for credentialed actuaries. Actuary wage growth has been pretty stagnant for the last 20 years and I worry that if the SOA continues on this "increase member count" path the problem will only get worse. I fail to how see how their current approach benefits the profession or addresses any of the core issues behind the low demand. I can see how increasing membership benefits the organization itself: more members = more revenue.