That's already in place. Did you go to the IET Achievement Awards last month? You could have invited yourself. Very uplifting. Included members and Fellows, some outsiders and some volunteers.
Moving now to your question about peers and “what determines an appropriate match to a particular applicant and upon what basis?”.
We're about to take you to the IET registration website. Don't worry though, you'll be sent straight back to the community after completing the registration.
Continue to the IET registration site