An independent governance review of the Personal Finance Society (PFS) assessing operations at the organisation has started.
It follows accusations of governance failings by the Chartered Insurance Institute (CII) which resulted in a public war of words between the two organisations which started just before Christmas last year and continued into the new year. The PFS said the review, to be carried out by Integrity Governance, would be an objective, independent assessment that would cover the PFS chief executive (CEO) role, the PFS board operations and structure and advice provided to the board by both the CII governance team and other relevant CII advisers. It added it would also look at the PFS board deci...
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