Sir Steve Webb, a former pensions minister, believes there is a strong likelihood the Chancellor will have to cut pension tax reliefs in the November Budget or soon after to make up for revenue shortfalls.

The CISI says that membership of its Financial Planning Forum has risen 22% since the merger with the IFP from 2,100 to 2,700 – as the body prepares for its annual Financial Planning Conference next week.

CISI head of Financial Planning Campbell Edgar CFP^TM Chartered FCSI is to become an industry training consultant after stepping shortly from the CISI.

Hundreds of Financial Planners, Paraplanners and Wealth Managers are set to attend one of the biggest Financial Planning events of the year in a few weeks - the annual CISI / IFP Financial Planning Conference.