The Society of Financial Advisers' board of directors has confirmed plans to reform the professional body within the next 18 months and push for chartered status.
An IFAonline interview with SOFA managing director Bob Bullivant last month revealed the board intends to boost its professional credentials and the status of its members by reviewing and updating its membership requirements, in a bid to push for a chartered title. An official statement does not specify what that could mean at this stage, however, Bullivant told IFAonline – see previous interview – it could include ‘kicking out’ those members who do not meet SOFA’s minimum professional standards. According to the statement, SOFA’s strategy to the end of 2005 will include setting "dema...
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