The Society of Financial Advisers' board of directors has confirmed plans to reform the professional body within the next 18 months and push for chartered status.
Discussion among IFAs has been somewhat heated in the last week about the latest industry developments.
Bob Bullivant, managing director of Society of Financial Advisers, talks to Julie Henderson to explain the professional body's vision for tackling consumer confidence in financial advice.
The Society of Financial Advisers has also published a revised "mission statement, vision and values for the future", following the LIA's EGM this morning on its own trade body reforms.
Bob Bullivant is taking over as managing director at the Society of Financial Advisers, following the departure of Brian Lawless.