News that the boards of the Chartered Insurance Institute (CII) and Personal Finance Society (PFS) held a joint meeting on 20 May to discuss how the organisations will work “ever more closely” has been lamented by advisers who fear for the independence of their professional body.
The meeting, highlighted in a LinkedIn post, said the PFS and CII would support members around the world and work more closely after an extended period of discord. Chairs of the two boards, Helen Phillips and Carla Brown, issued a joint statement after the meeting: "It provided an opportunity to get to know each other better and discuss how we will work ever more closely to inspire and support out 120,000 members across the insurance, financial planning and mortgage advice professions around the world. "We are committed to writing a new future for the PFS as it continues to be part o...
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