The Institute of Financial Planning (IFP) had been facing a 'continual battle' between maintaining reserves and investing in swelling its ranks prior to its takeover by the Chartered Securities and Investment Institute (CISI), the body's new president has said.
Asked at the IFP conference how the body got to the point where it lacked the money to invest in its own development - as revealed in the fallout of the takeover announcement - Alan Dick said growing reserves...
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