The Institute of Financial Planning (IFP) will preserve its unique culture when it merges with the Chartered Institute of Securities and Investments (CISI), new president Alan Dick has pledged, as he played down fears of a dilution of the body's commitment to financial planning.
In an impassioned speech, Dick said the merged body will prove an influential force that will carry clout with the regulators and bring financial planning into the mainstream. He told delegates at the last IFP conference before the merger, to be completed on 1 November, that the deal will allow the IFP to boost visibility of financial planning among consumers while defending its remit before the regulator. The merger with the larger, better funded body is a one-off opportunity for financial planners to emerge from its position of a small niche club, he told members in Newport on 6 Oct...
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