PFS Conference: Consumer groups risk 'public disservice' with skewed financial services info

The Personal Finance Society (PFS) chief executive said its ‘Uniting the Profession' initiative had received good feedback from consumer groups but said they also had a role to play in improving the public perception of financial advice. He explained: "The risk is that if they are not providing balanced information they run the risk of doing a disservice to people who otherwise might have done the right thing. Even one case can tarnish the whole profession and can be reported without proportion. "We are not simply trying to push positive stories. There will be times when outcomes are ...