The Institute of Financial Planning (IFP) has backed down in its fight against the Chartered Insurance Institute (CII) over the new Chartered Financial Planner title.
The news came following an IFP board meeting yesterday at the same time as the CII released the final details of its exam regime. Nick Cann, chief executive of the IFP, says following the Financial Planning Standards Board’s (FPSB) meeting in Mumbai and their own discussions yesterday, the IFP has decided not to pursue judicial review despite its disappointment about the title of Chartered Financial Planner and the board’s belief and legal opinion that the process with the Privy Council had not been properly followed. Cann says: “It was decided that this would not be the most constructi...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
