All of the motions that the CII rebel group PFS Solo urged members to vote against at the Chartered Insurance Institute’s (CII) AGM won by a majority.
The PFS Solo, which was set up by former Personal Finance Society (PFS) presidents, encouraged CII members to vote against several motions. The PFS Solo was set up following increasing tension from financial advisers at the possibility of the deregistration of the PFS. During the AGM, held on 30 June, CII CEO Sian Fisher apologised for any miscommunication around the saga. The majority of the motions that were passed, but which PFS Solo asked members to vote against, gained more than 60% of the votes. These are: To receive and consider the annual report and accounts for the y...
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