'Status quo no longer an option': PFS board reacts to CII consultation

PFS board to take three steps

Julia Bahr
clock • 2 min read

In response to the launch of the CII’s 'Shaping the Future Together' consultation on Friday, the Personal Finance Society (PFS) said it regretted that the Chartered Insurance Institute (CII) did not engage with the PFS Board to draft the document together.

Sarah Lord (pictured), president of the PFS, also criticised the CII for not asking the board for input on the consultation paper. However, she welcomed the CII Board's Shaping the Future Together consultation and encouraged PFS members to engage and respond accordingly. Nevertheless, Lord, on behalf of the PFS board, said it was disappointed that, over the last few years, the CII's education offering, including the qualification framework and pathways, had "not kept pace" with the needs of the profession and welcomed the opportunity for PFS members to give their views on improvements de...

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

FCA proposes overhaul of client categorisation rules

FCA proposes overhaul of client categorisation rules

In response to industry calls for a more flexible regime

Sahar Nazir
clock 08 December 2025 • 2 min read
Barclays weighs bid for £2.5bn Evelyn Partners as major banks circle – report

Barclays weighs bid for £2.5bn Evelyn Partners as major banks circle – report

NatWest and Lloyds Banking Group reportedly among firms considering offers

Sahar Nazir
clock 08 December 2025 • 1 min read
Andrew Goodwin on the Budget: Three key lessons for advisers

Andrew Goodwin on the Budget: Three key lessons for advisers

'Pretty much everybody has taken a hit'

Andrew Goodwin
clock 08 December 2025 • 4 min read