The Institute of Financial Planning (IFP) has named the first 25 businesses to be included in its register of Accredited Financial Planning Firms.
In August, the organisation announced it would be introducing the register with the aim of pointing consumers towards firms which "do what they say on the tin". Criteria for inclusion includes a consistent fee structure and the provision of cashflow modelling. Firms must pay £750 annually, with an additional £25 per FSA-registered adviser who is an IFP member and £75 for non-members. Speaking at the IFP conference, which is marking the organisation's 25th anniversary, chief executive Nick Cann explained why the register was created. He said: "After 25 years we recognise there a lot...
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