The aim of this article is to examine the role taken by the Institute for Learning (IfL) in England to promote the nature of professionalism in the lifelong learning sector. It raises the possibility that the decisions taken by the IfL, since its inception in 2002, are leading to the de-professionalisation of teachers. It is argued that what is now needed is a new professionalism that is driven by the practice of "phronesis": wise practical reasoning, based on judgement and wisdom, and that accords with the centrality of context and the reflective nature of the activity of teaching. It will be informed by values that enable practitioners to mediate the confrontational forces of managerialism which might otherwise threaten to undermine their professionalism.