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Some of the letters after names are professional qualifications, while the RPS ones indicate a club membership (of sorts). Not that I'm knocking the RPS - anybody joining it and going for LRPS/ARPS can tap in to lots of resources - it's like a posh camera club.
There are similarities with various medical colleges..... those FRCS, BDS, FRCP, MRCVS, MPS etc..... they require (I think) annual membership fees - like CORGI central heating fitters.
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