The outgoing president of the IFP says she can fall in love with the new organisation created by the merger with the CISI.

The CISI has pledged to spend at least £35,000 per year on promoting Financial Planning as part of the merger deal, it was revealed this afternoon.

The IFP’s first new President for three years has compared the body to “a second family”.

Outgoing IFP President Rebecca Taylor FIFP CFP^CM and next President Alan Dick CFP^CM, who will take over tomorrow, said achieving “critical mass” for Financial Planning in the UK was a major motivator for the IFP-CISI merger.

The IFP will become a heavyweight organisation following the merger with the CISI, the IFP’s new president told the annual conference this morning.

Forget whatever Arnold Schwarzenegger may say, robots will not be replacing you, Financial Planners were told at the IFP annual conference this morning.

Legal & General Investment Management (LGIM) has appointed a new head of UK retail sales from fund manager Jupiter.

Research has found that nearly half of UK employers are concerned about older workers deferring retirement due to inadequate retirement savings.

Partnership chief executive Steve Groves has forecast that the new pension freedoms will eventually be curtailed.

Former IFP President Julie Lord FIFP CFP^CM, who recently became a director of Prestwood Software, is to be a special guest speaker at a series of Prestwood seminars.