Personal Finance Society  

Re-elected PFS president Lord pledges transparency on de-registration

Elsewhere, Elizabeth Bastin and Gordon Wilson, who retire by rotation as a member director of the society, are all to be reappointed.

Anthony Ward will be appointed as a new member director of the society. 

In June, advisers took a sigh of relief after the PFS board voted against the Chartered Insurance Institute's latest proposal to deregister the adviser body.  

The decision by the PFS board came as earlier that month, Robin Melley, chartered financial planner at Matrix Capital Limited urged others in the industry to pressure the CII over its plans to deregister after he wrote to the CII’s independent chairwoman Helen Phillips, telling her that both himself and his fellow IISMW council members had concerns about what was happening at the body.

At the time, other advisers also hit back, saying the move could see some members switch to rival professional body the Chartered Institute for Securities & Investment should it go ahead.

sonia.rach@ft.com

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