'Time to move on': Refocused PFS board looks to the future

PFS and CII had long dispute over ‘governance issues’

Jenna Brown
clock • 3 min read

The refreshed board of the Personal Finance Society (PFS) is keen to “reset the relationship” with parent organisation the Chartered Insurance Institute (CII) after its prolonged dispute and told members “it is time to move on”.

The falling out between the two organisations saw the CII move to take over the PFS board in December 2022 as it made allegations of governance failures. Several high-profile resignations from the PFS board followed in its wake. The PFS' annual general meeting, held yesterday (19 September), discussed the on-going problems between the organisations - described as a "challenging year" - but the board told the membership the issues were in the past. Interim president Anthony Ward said: "It has been a challenging year. It is an entirely new board from last year, aside from myself. We rec...

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