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

  • 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

PA Working Lunches: Last chance to reserve a spot with Baillie Gifford!

PA Working Lunches: Last chance to reserve a spot with Baillie Gifford!

Advisers invited to join an informative lunch session worth one hour of CPD

Professional Adviser
clock 05 December 2022 • 1 min read
Perspective acquires East Sussex-based advice firm

Perspective acquires East Sussex-based advice firm

Deal is the 11th acquisition of the year for the national advice firm

Ayesha Venkataraman
clock 05 December 2022 • 2 min read
Sivajoti: "It's been a long term goal of ours."

NextGen Planners valued at £5m as it opens crowdfunding

Comes after initial target of £150,000 was quickly exceeded

Hope William-Smith
clock 01 December 2022 • 1 min read