CEng or IEng - which is more prestigious?

I have just received my renewal subscription notice.  I noticed that CEng fees to the Engineering Council are £45.91 and that those for an IEng are £38.96 pa.  

I thought that the whole idea of IEng was that it was to give recognition to IEng that they were of an equivalent rank as CEng, but worked in a different sphere to CEng - equal but different.  The Engineering Council's discount rate of £7 pa seems to indicate that an IEng is ~85% the worth of the CEng.  

Any thoughts?  

Parents
  • I also note that the Energy Institute charges £47.84 for Engineering Council registration for CEng and £40.60 for IEng, again, a differential of ~85%, but why the ~£2 difference between the two institutions - efficiencies of scale relating to handling-fees?  

Reply
  • I also note that the Energy Institute charges £47.84 for Engineering Council registration for CEng and £40.60 for IEng, again, a differential of ~85%, but why the ~£2 difference between the two institutions - efficiencies of scale relating to handling-fees?  

Children
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