PFS chief executive Keith Richards to step down

Richards (pictured), who was appointed CEO in 2013 following the implementation of the Retail Distribution Review, will step down from his role on 30 June. Before the PFS, he was distribution director at Tenet. Richards has contributed to the PFS' growth and led many speeches at both PFS events and other events led by businesses in the sector. He helped launch the pro-bono programmes including MoneyPlan with Citizens Advice, Forces MoneyPlan for armed forces veterans and My Personal Finance Skills. A spokesperson for the PFS said that a chief membership officer will be recruited in...