Dennis Hall: Why I've changed my mind on IFP-CISI merger

Why I've changed my mind on IFP-CISI merger

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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 ...

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