Advisers on Fisher's PFS apology: 'I didn't feel it was sincere'

'Parting of ways'

Sophie King
clock • 3 min read

Advisers have reacted to Chartered Insurance Institute (CII) CEO Sian Fisher's apology for miscommunicating the idea to deregister the Personal Finance Society (PFS).

On Thursday (1 July), Professional Adviser revealed that Fisher tried to clarify what the body meant by deregistration at an annual general meeting (AGM) held on earlier this week (30 June). "We want to unify the governance structure of the CII to ensure that it works effectively as a group," she said. "We never intended 'de-registration' to be confused with wishing to disband the Personal Finance Society. In fact, the exact opposite. We have fully recognised membership at the core of the CII and adopted the societies structure to support our 'family of professions'." Some advisers th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Clients demanding information electronically from advisers

Clients demanding information electronically from advisers

One in two want personalised information electronically

Isabel Baxter
clock 26 September 2024 • 3 min read
Wealth managers risk losing clients amid technology lag

Wealth managers risk losing clients amid technology lag

Wealth managers have little confidence in their technology systems

Sahar Nazir
clock 26 September 2024 • 2 min read
The Adviser Incubator: Meet graduate Rachel Edwards

The Adviser Incubator: Meet graduate Rachel Edwards

An inside look at The Verve Foundation's programme

Isabel Baxter
clock 25 September 2024 • 4 min read