Institute for Financial Wellbeing founder and chair Chris Budd steps down

Institute for Financial Wellbeing (IFW) founder and chair Chris Budd has stepped down from the position and will be replaced by current vice-chair Ruth Sturkey. Budd said he had achieved his goal of the not-for-profit being given "institute" status by the government and it was time to move on from the role of chair.  The IFW, initially an 'initiative' was started by Budd in 2019 after he sought industry opinion on the desire for a new institute focused on financial wellbeing. Budd, a regular PA columnist, later discovered only the government can officially deem something an "instit...