CII launches five-year plan with increased PFS autonomy promise

Plan split into two parts with 2023 focus on solving legacy problems

Jenna Brown
clock • 2 min read

The Chartered Insurance Institute (CII) has released a five-year strategic plan split into two parts with its 2023 focus on returning it to a “surplus position” and the promise of a more autonomous future for the Personal Finance Society (PFS) within the larger group.

The plan, released today (20 April), contained six themes that the body said placed a "renewed emphasis on professional standards and the value of CII and PFS membership. The plan comes after feedback to the 2021 consultation, Shaping the Future Together. Chief executive Alan Vallance said the plan reflected the "needs, hopes and expectations" of individual members and corporate customers. Vallance (pictured) added: "Further, we recognise the desire for the PFS to be more autonomous within the wider institute group, so we will refresh and renew our governance and identity to ensure bo...

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

Why the personal advice touch will thrive amid generational digital disruption

Why the personal advice touch will thrive amid generational digital disruption

Growing appetite for protection amongst younger people

Roger Brosch
clock 07 February 2025 • 4 min read
Financial planning shifts from 'sales-based to experience-based' industry

Financial planning shifts from 'sales-based to experience-based' industry

Sector shifts towards inclusivity and client experience

Sahar Nazir
clock 07 February 2025 • 2 min read
FCA: 'We need to deliver policy quickly' to tackle advice gap

FCA: 'We need to deliver policy quickly' to tackle advice gap

Sara Woodroffe stressed the need for swift action amid advice/guidance boundary review

Sahar Nazir
clock 07 February 2025 • 2 min read