IFA Promotion announces the appointment of a new Chairman
IFA Promotion, the organisation promoting the benefits of independent financial advice, is pleased to announce the appointment of Kevin McBrien as its new Chairman. Following the retirement of Douglas Claisse, who has been Chairman of IFA Promotion since 1996 and involved in the company since its inception, Kevin will take over the role with effect from 30th June.
Kevin McBrien has a wealth of experience at the helm of leading financial services organisations. He was Chief Executive of NPI for twelve years from 1985 to 1997, and from 1996 to 1997 was also on the board of the PIA. Since retiring from NPI Kevin has been the Chairman of the Sedgwick Group Pension Scheme and on the Board of Financial Options. He is currently a director of Fidelity Investments Life Insurance.
Kevin McBrien commented: "I believe that there is a great need for truly independent financial advice. I look forward to continuing IFAP's contribution to building consumer and business awareness of IFAs and developing IFAP's overall contribution to the IFA sector."
Douglas Claisse commented: "I am delighted that Kevin will succeed me as Chairman when I retire. Kevin's commitment to the future of independent advice is as strong as my own and IFAP and all it stands for will be in safe hands."
-ENDS-
For further information please contact:
| David Elms Chief Executive IFA Promotion 020 7833 3131/ 07803 603 659 david@ifap.org.uk | or | Shellie Wells/ Ian Williams Lansons Communications 020 7490 8828 |
Notes to Editors
1. Independent Financial Adviser Promotion
Independent Financial Adviser Promotion Ltd was established in 1989 to promote the value and accessibility of independent financial advice to the public. It represents over 9,000 registered individual independent financial advisers across the UK and is sponsored by 31 leading financial institutions.
IFA Promotion's central belief is:
"Consumers have a right to financial advice that is independent of the providers of financial products - i.e. independent financial advice."
Furthermore independent financial advice should be:
- Affordable. The option to take independent financial advice should be available, by right, to all - not just the wealthiest in society.
- Convenient. IFAs should be available in the location of the consumer's choice, wherever they live in the UK.
- Transparent. It must be clearly transparent to consumers who is able to offer independent financial advice and who is not.
| Barclays Global Investors Funds BUPA Canada Life Clerical Medical Investment Group Dresdner RCM Funds (UK) Ltd. Eagle Star Family Assurance Friendly Society Ltd Friends Provident INVESCO Fund Managers Ltd Investec Asset Management Legal & General Merrill Lynch Investment Managers National Mutual National Savings Norwich Union Life NPI | Prudential Intermediary Division Scottish Amicable Life Plc Scottish Equitable Plc Scottish Life Assurance Company Scottish Mutual Assurance Plc Scottish Provident Institution Scottish Widows plc Standard Life Assurance Company Sun Life Swiss Life (UK) plc The Skandia Group of Companies Tunbridge Wells Equitable Friendly Society UNUM Ltd Winterthur Life UK Ltd Zurich Life Assurance Company |