IFP elects first paraplanner to board
New appointees to board include chartered financial planner Melony Holman, business owner Richard Allum
Richard Allum has become the first paraplanner to be voted onto the Institute of Financial Planning (IFP) board of directors.
The appointment was announced at the organisation’s conference today.
Allum, founder of paraplanning company Paraplan Plus, said it is a “privilege” to be voted onto the board by fellow members.
He added that he will represent paraplanners but will also aim to encourage the industry to go further.
In his bid to be voted onto the board, he said his aim was for “paraplanning to aspire to standards of professional conduct and competence that are at least as demanding as those for financial advisers themselves”.
In a statement Allum praised the IFP for being an inclusive organisation that has also sought input from all areas of the financial planning world, rather than just advisers.
Melony Holman, a chartered financial planner and director at Compliance and Training Solutions, has also been elected to the board.
The foursome replace Perceptive Planning’s Phil Billingham, Jeremy Deede of Yorkshire-based Planning for Life and Neil Bailey of Fortitude Financial Planning.