Adviser calls for 'change to PFS board structure' with open letter

Alasdair Walker sent an email to 600 PFS members on 27 October

Sahar Nazir
clock • 3 min read

Chartered financial planner Alasdair Walker has called for “a change to the Personal Finance Society (PFS) board structure” after sending out an open letter.

On Friday (27 October), Walker sent an open letter to the PFS, demanding that it "seek an immediate transfer of all PFS funds to an account in the sole name and control of PFS". The dispute between the PFS and the Chartered Insurance Institute (CII) came about when the CII decided to appoint three new directors to the PFS board, taking control of the professional body. An email was sent to 600 members who have signed up to Walker's mailing list for the ‘Our PFS' campaign. Speaking to Professional Adviser, Walker said the letter has received more than 200 signatures. "This represent...

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

Cash ISA allowance cut risks hardening saver/investor divide, advisers warn

Cash ISA allowance cut risks hardening saver/investor divide, advisers warn

Govt policy shift reignites debate around role of cash ISAs

Sahar Nazir
clock 28 January 2026 • 5 min read
Depledge Strategic Wealth Management backs CISI financial planning push

Depledge Strategic Wealth Management backs CISI financial planning push

‘Financial planning is for every week’

Jenna Brown
clock 28 January 2026 • 2 min read
What a classic '80s movie tells us about today's language of financial advice

What a classic '80s movie tells us about today's language of financial advice

'Forty years is a long time in film. Even more so in financial services'

Roger Brosch
clock 27 January 2026 • 4 min read