Investment Solutions is proud to be recognised as an accredited member of SIFA, Solicitors Independent Financial Advice, an initiative endorsed by The Law Society.
What Is SIFA?
SIFA was established in 1992 to encourage and support involvement by solicitors in financial services work. SIFA was a founder member of the Law Society’s Financial and Investment Business Working Party and is recognised by the FSA as the trade body for solicitor financial advisers.
The Legal Services Act of 2007 has prompted a further extension of SIFA membership and eligibility is now based on professional status which, in the case of financial advisers, means qualifying to be classified as independent in the terms of the FSA’s Retail Distribution Review.
The Act ushers in a new era of professional advice in which the dividing lines between the legal, accounting and financial planning disciplines will be broken down and reconfigured business entities will emerge which are focused on identified client needs. SIFA’s revised objective, therefore, is to support and assist interaction between solicitors, accountants and financial advisers in whatever form this may take.
SIFA NEWSLETTER: NOVEMBER 2017
Automating tax returns Cash isa'S pension sharing on the rise pension annual allowance lasting powers of attorney
If you are a legal services professional seeking financial advice and planning services on behalf of one of your clients, you need to refer to an truly Independent Financial Adviser and, ideally, a recognised Chartered Financial Planners like Investment Solutions.
Please do not hesitate to contact us for more information on our services and how we can work together to ensure you remain fully compliant within the framework of the Solicitors Regulatory Authority.