More details of the proposed merger of the Life Insurance Association (LIA)and the Society of Financial Advisers (Sofa) will be discussed at a series of road shows in the Autumn.
There will be 11 LIA meetings between 7 September and 7 October, taking plae in Cheadle, Newcastle, Glasgow, Northern Ireland, Milton Keynes, Chelmsford, Potters Bar, Southampton, Exeter, Cheltenham and Guernsey.
Sofa will hold meetings in Manchester, Leeds, Leicester, Birmingham, Bristol, Exeter, Southampton, Cambridge, Maidstone, Gatwick, central London and Belfast.
It is hope the transfer of members into the new organisation will happen by the beginning of 2005. The CII will remain the sole examination body and provider of exam papers and course material. Members have been told there will be a number of membership categories reflecting future and existing exam levels and new designations will be decided by the Board to reflect the National Qualifications Framework.
Bob Bullivant, currently managing director of Sofa is proposed to become executive director of the new organisation while Mark Ommanney, director general of the LIA is expected to be chief executive of the new body.
"It is right that we should go out to our members to tell them at first hand about the merger and to gain their feedback as to what the new organisation should be doing," said Bullivant.
"We want to create an association that will be better for its members, easier to deal with for regulators and be a standard setter of quality and professionalism for the benefit of the wider public."IFAonline
Exit fees and conversions
Initial FOC of 0.6%
Former PFS president
Last commission convened in 2002