The Institute of Financial Planning (IFP) is to announce its decision on whether or not to merge with the Chartered Institute for Securities & Investment (CISI) on Monday 7 September, following a four-week consultation with members.
The body has called a board meeting for 4 September at which it said it would make its decision. Over the past month, the IFP has been gauging member reaction via live webinars, face-to-face meetings and phone calls. But it stopped short of giving members a direct vote on the move, which will likely see the IFP become a 'forum' for financial planning within the larger CISI. The IFP said the merger was motivated by a desire to grow the financial planning community in the UK, which, it later emerged, it felt would not be possible as a stand-alone body given the IFP's financial positi...
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