The Chartered Institute for Securities & Investment (Cisi) has appointed a new chairman for its financial planning committee following the departure of Ian Howe.
Former deputy chairman Martin Ruskin, who is head of business development at Paradigm Norton Financial Planning, has taken over the role, Cisi said on Thursday (11 December).
Mr Ruskin said: "This is a very exciting time in the growth of the profession of financial planning in the UK and I am honoured to take on the role of chairing the CISI IFP Forum, as it continues to assist its members to help shape the profession for the benefit of UK consumers."
Mr Ruskin has been deputy chairman of the forum since its formation in 2015.
His predecessor, Mr Howe, has stepped down from the role but remains a Cisi member and has kept the Certified Financial Planner designation.
Jacqueline Lockie, Cisi’s head of financial planning said: “We are very pleased to welcome Martin as chair of our IFP Forum which represents the financial planning community’s interests at Cisi.
"I’d like to thank Ian Howe for his enthusiasm and generous service to help build the financial planning community at Cisi and we wish him well for the future.”
The forum is a learning and meeting space for financial planners, which sits alongside eight other professional forums within the Cisi.
It was named after the former Institute of Financial Planning (IFP), which was taken over by Cisi in late 2015, which caused dismay among some members.
In December former IFP president Alan Dick was the latest member to voice his disappointment at the way the body had been integrated into Cisi, saying it had not given financial planning sufficient backing.
But Cisi denied there was widespread disappointment and said it was putting in the resources to develop and promote financial planning and membership numbers had recovered to higher levels than before the merger.
The IFP forum was established to allow planners to meet and discuss issues in a confidential setting under the Chatham House rule and a head of financial planning role was created to oversee Cisi's work in the area.
carmen.reichman@ft.com
