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PFS graduate numbers more than double

The Personal Finance Society has reported a record number of members set to graduate at associate, fellowship and chartered level this year.

There were 1,570 qualifying members in 2013, more than twice the number of qualifying members last year.

Of those graduating this year, 21 per cent were female and 79 per cent were male. The majority (56 per cent) qualified for chartered financial planning status, while 33 per cent qualified at fellowship level and 11 per cent qualified at associate level.

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Overall, the PFS has recorded an increase of 18 per cent in the number of members qualifying as chartered financial planners over the year ending 30 September 2013 and a 26 per cent increase in the number of members qualifying as fellows.

David Ingram president of the PFS, said: “Each year the PFS congratulates graduates who come from a variety of positions across our sector, but never more so than this year which has seen a greater number of members qualifying than ever before.

“It is a privilege to congratulate each and every graduate for voluntarily going further than the minimum qualifications required – standing out amongst their peers and showing themselves as both leaders and advocates of the financial planning profession.”