PFS

Is focused advice a viable option?

How the industry distinguishes between 'advice' and 'guidance' is at odds with how the public perceives financial services, argues Personal Finance Society (PFS) chief executive Keith Richards.

The Personal Finance Society (PFS) has outlined a proposal for a flat fee model which would help regulated advisers deliver pensions advice to a larger audience, following the unexpected changes announced at Budget 2014.

How advisers can help deliver Osborne’s retirement ‘guidance guarantee’

Many trust-based DC pension schemes already offer more than the ‘guidance guarantee' to their members and are worried about being forced to ‘dumb down' standards, according to the National Association of Pension Funds (NAPF).

Financial advisory businesses will be invited to play central roles in providing information, guidance and advice to retirees following the far-reaching changes announced at Budget 2014, under plans being devised by the Personal Finance Society (PFS)....

The Institute of Financial Planning (IFP) and Personal Finance Society (PFS) have said they are disappointed by Financial Conduct Authority (FCA) findings suggesting advisory firms, wealth managers and private banks are failing to disclose their fees...

The Personal Finance Society (PFS) was investigating establishing a National Retirement Advice Service before the Chancellor's Budget promise and believes an advice voucher system could be set up funded by redistributing regulatory fines.

Keith Richards on the little-known meeting that might just bring trust back

A dozen financial services organisations have met to discuss their concerns and share their objectives and initiatives in an attempt to "harness the untapped potential of working collaboratively".