IFA colleges now SIGs

The Institute of Financial Advisers has replaced its colleges with Special Interest Groups (SIGs).

"The role of the Colleges has changed dramatically over the years. After starting as a mechanism for balancing the interests of members from our two predecessor organisations, they have gradually moved to what they are now – interest groups fostering professional development and providing leadership in key areas in which our members practice."

Each college has its own chair. Chairman of the Financial Planning college is Neville Caird, Insurance Insurance, Kathy Jarrett, Lending Lyn McMorran and the investment college is vacant. McMorran's appointment is temporary appointment while the lending SIG is formed. Appointments are for two-year terms beginning on July 1.

The IFA is looking to establish a college for Trustee Advice in November.