Members of the Personal Finance Society (PFS) voiced their preference to remain part of the Chartered Insurance Institute (CII) group, calling for greater collaboration and a new leader of the PFS, according to the findings of the CII’s consultation.
The CII published the findings of the Shaping the future together consultation on Monday (28 February). First launched in October 2021, the consultation sought feedback on the advantages and disadvantages in how the PFS and the CII currently operate, and how the personal finance and insurance professions can work together to raise standards and secure public trust. In April last year, it became apparent that the CII was planning to deregister the PFS as a private entity and, after a turbulent few months, the PFS board voted against the move as it was clear that many members were staunchl...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes