Dennis Hall: Why I've changed my mind on IFP-CISI merger

Why I've changed my mind on IFP-CISI merger

clock

Financial planner Dennis Hall "stumbled" upon the IFP during a career low point, but now considers it family. Here, he shares his thoughts on the proposed merger with the CISI...

As an IFP committee member I was given a few days advance notice of the announcement about the proposed merger between IFP and CISI. My initial reaction was to support the board and the direction they were recommending - you didn't have to be a genius to know the IFP has limited financial resources, and that growing the membership was difficult. Subsequently my support has wavered, and the only choice feels like ‘Hobson's Choice' - either like it, or lump it. I've since heard different reasons for the merger, like how the Financial Planning Standards Board (FPSB) are pushing it, or that ...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Gillian Hepburn: Benchmark's 'cradle to grave' approach is a USP

Gillian Hepburn: Benchmark's 'cradle to grave' approach is a USP

‘We can help advisers start up a business depending on how they’re joining us’

Sahar Nazir
clock 19 August 2025 • 3 min read
Targeted support: 'Watch this space!' – unknowns persist

Targeted support: 'Watch this space!' – unknowns persist

Industry awaits final details of the FCA’s proposals

Isabel Baxter
clock 19 August 2025 • 7 min read
FNZ launches adviser-focused AI tool as personalisation demand grows

FNZ launches adviser-focused AI tool as personalisation demand grows

Generative AI solution intended to cut admin time and help advisers meet Consumer Duty standards

Sahar Nazir
clock 19 August 2025 • 2 min read