The mooted change was revealed at the CISI Financial Planning Conference, which is being held in Birmingham today and yesterday.
The policy was laid out in an AGM Notice and Voting Form in circulation at the event.
It read: “Amend to regularise the Institute's use of the Chartered Wealth Manager title, to give the ability to award the additional designation, Chartered Fellow (Financial Planning) and to award plural designations to firms that consist of a sufficient number of Chartered individuals.”
CISI head of Financial Planning, Jacqueline Lockie, yesterday urged delegates to support the plan which will form part of Chartered designations including recognition of Certified Financial Planner, the CISI’s new Level 7 CFP pathway, the Chartered Fellow (Financial Planning) designation and Chartered Firm status.
Speaking yesterday Ms Lockie said: “Vote to change the CISI bye-laws.”
She also told delegates: “Commit to be a beacon, to play your part to build a great profession.”
Ms Lockie revealed that as part of the CISI’s growth strategy there would be a renewed focus on the engagement of members and development of CPD.
“The CISI is 100% committed to a growing profession,” she added.
• Financial Planning Today will be reporting and Tweeting throughout the event – check back for more coverage.