Sarah Lord hits back at 'disingenuous' CII after PFS board takeover

Past presidents accuse CII of ‘deeply cynical move’

Jenna Brown
clock • 3 min read

Sarah Lord, the past president of the Personal Finance Society (PFS) has criticised the Chartered Insurance Institute (CII) after it moved to take over the PFS board today (21 December).

Lord, who served as PFS president from 2022 to 2022, said the CII's decision - which saw it immediately add three CII directors to equalise the make-up of the PFS board and confirmation of its intention to add another CII director to take overall control - was a "deeply cynical move". Lord said: "The orchestration of the announcement that we have witnessed today shows that this is a pre-meditated decision. I have until very recently been in conversations with the CII leadership and we have engaged in mediation at their request. The conversations were still underway. "It is extraordina...

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