PFS reports 50pc rise in members reaching chartered status

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The Personal Finance Society (PFS) has reported a leap in the number of registered chartered financial planners, up to more than 1,500, including an increase of nearly 500 in the past 12 months.

The PFS asserted that the title, introduced in 2005, is now an internationally recognisable benchmark of quality and ethical practice for financial services professionals. It is regarded as the highest and most prestigious level of professional achievement for people working within the industry. Fay Goddard, CEO of the PFS, said, "I congratulate all those who have achieved chartered status. I believe it clearly demonstrates that there is an ambition within our industry to aspire to a level of professionalism that will reassure consumers that financial planning and advice is being elevated...

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