(June 1 – 17:55 ET) – Plans to merge the Canadian Association of Financial Planners and the Canadian Association of Insurance and Financial Advisors have stalled, CAFP president Ron Graham told CAFP members at the association’s annual general meeting in Toronto. Following intensive discussion over the past several months, CAFP concluded the merger was not in the best interest of its membership at this time.

“We provided CAIFA with our vision of a merged membership association, and they gave us their vision. We had two different visions. CAIFA requested that we subscribe to certain conditions, and CAFP can not agree to these conditions,” says Graham.

There are 1,500 financial planners from across Canada attending the CAFP conference.
-IE Staff