PFS' Richards to advisers: stop the in-fighting to build professionalism

In an exclusive interview with IFAonline, the Personal Finance Society’s (PFS’s) new chief executive said the profession collectively does not “instill confidences from external audiences looking in” and it was “time to draw a line in the sand”. He said it is essential advisers and firms stop criticising each other on instinct and instead join together in a united voice to better promote the industry and keep the regulator at bay. Richards told IFAonline: “Where advisers have been frustrated by the fact that the regulator seems to have spent a disproportionate time focused on the advi...