LIA and SOFA to merge

Details of the deal had been first embargoed until Monday 19th July, but that embargo has now been lifted as news is spreading quickly around the industry. CII director general Dr Sandy Scott says it has always been his ambition to merge the two bodies. "It’s what the industry, regulators, providers who sponsor and support SOFA and LIA and most importantly the members want." "As part of the CII family, the new body will have the resources to achieve the vision of one professional body for all financial advisers. This will enable us to develop a powerful proposition to the public th...