The Board of the Institute of Financial Planning (IFP) has consulted with its members and has confirmed that it will now go ahead with its proposed merger with the Chartered Institute for Securities & Investment (CISI) and that this is due to take place by the end of Q4 2015 subject to contractual terms being agreed.
The CISI is delighted at this outcome, especially as both the IFP Board and its members have given their support for the proposed merger.
Simon Culhane, Chartered FCSI and CISI CEO said: “We are very pleased that the IFP Board has decided to proceed with this merger which would benefit the financial planning industry, paraplanners and wealth managers. We look forward to continuing to work closely with IFP President Rebecca Taylor and the IFP team in Bristol as we combine the best of both Institutes.
“The CISI is committed to widening the choice of qualifications and pathways available within the financial planning and wealth management markets to allow both CISI and IFP members to develop their careers further in this important area.”
