CISI to inject £30k a year to 'promote and protect' financial planning

Carmen Reichman
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Financial planning will be 'protected and nurtured' following the merger of the Chartered Institute of Securities and Investment (CISI) and the Institute of Financial Planning (IFP), CISI non-executive director Richard Wastcoat has pledged, as he announced plans for an advertising spend to raise the new body's profile.

The first action of the merged body will be to spend money on advertising and promoting financial planning, CISI non-executive director Richard Wastcoat said. A pledge of £30,000 in investment will be spent by the CISI each year to promote financial planning in trade media adverts and at major commuter hubs over the next few years, he said. The decision recognises the importance financial planning has in the changing wealth management industry, Wastcoat said. "Financial planning is in my view at the cutting edge of the advice industry and their members are at the top of their profe...

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