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Martyn quitting IFAP for dotcom

IFA Promotion managing director Ann-Marie Martyn is poised to quit amid


reports she has proposed taking IFAP into a dotcom operation she is set to


join.


Martyn called an urgent meeting last week to tell the board she has been


offered a position at an internet company involving former Money Marketing


IFA of the Year Roland Rawicz-Szczerbo of Quay Associates.


Martyn wants to take IFAP with her and is offering to give IFA a free website.


Sources say theyexpect Martyn to quit if the pro posal is rejected.


It is also understood IFAP non-executive chairman Douglas Claisse has been


offered a role in the start-up.


Sources say the proposals are unlikely to go down well with IFAP sponsors,


with many paying between £150,000 and £400,000 a year each. Providers


believe a third-party tie-up will bring a conflict of interest.


Not all board directors attended the last-minute meeting and a full


meeting is planned to make a decision.


Scottish Amicable sales & marketing director John Cowan says: “I attended


a meeting where proposals were put to the directors about the future of


IFAP in conjunction with a third-party dotcom. It is disappointing the way


it is being handled.”


Sofa spokesman Robert Reid says: “The whole IFAP position must be up for


debate because we are dealing in a completely different marketplace today.


There are now so many ways to find an IFA.”


Martyn and Claisse were unavailable for comment. Rawicz-Szczerbo refused


to comment.

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