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Personal Finance Society , LIA and SOFA announce name and details

The merged organisation will come into being on January 1 next year, subject to votes by both organisations.

The mailings precede a series of member roadshows during September and October, which in turn are followed by EGMs, at which the votes will be taken on October 13 (LIA) and 15 (SOFA). 

In a foreword to the joint document, SOFA chairman Nick Bamford, says: “The proposed merger with the LIA will allow us to extend our values and standards across a much wider number of financial services individuals.  There is no question of these standards being diluted

or confused, we will be as focused as we ever were, but we will also be part of the largest professional body for financial advisers.”

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