IFP Board votes for proposed merger with CISI

By Lora Benson | Sep 07, 2015

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.”

For further information on the Chartered Institute for Securities & Investment contact

Lora Benson +44 20 7645 0662/ +44 7801 521034 or lora.benson@cisi.org

Chartered Institute for Securities & Investment   

The CISI’s mission is to help members attain, maintain and develop their knowledge and skills and to promote the highest standards of ethics and integrity in the securities and investment industry.

Based in the City of London, the CISI is a global organisation with representative offices in financial centres such as Dublin, Singapore, Hong Kong, Dubai, Mumbai and Colombo.  We work in close cooperation with regulators, firms and other professional bodies worldwide and over 42,000 examinations were taken in the last twelve months. 

With 40,000 members in 121 countries the CISI is the professional body which sets examinations and offers qualifications for those working, or looking to establish a career in, the wealth management and capital markets industry.