PFS

There is an increasing need to educate the public on the value of face-to-face professional financial advice, according to the Chartered Insurance Institute (CII).

The Personal Finance Society (PFS) has established a 'consumer insight panel' to help guide its work on improving consumer confidence and trust in financial advice.

Insurer Zurich is training its sales staff to obtain the same minimum qualification level as that required of the advisers they speak to.

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Consumers are oblivious to the 'bigger industry picture' and are easy targets for unregulated 'advisers' who sell them risky products while collecting commission, an IFA has warned.

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The winners of this year's Personal Finance Society (PFS) chartered awards were revealed at a gala dinner last night at the ICC in Birmingham.

Chartered members of the Personal Finance Society (PFS) will get a 20% discount on professional indemnity (PI) insurance from Howden Insurance Brokers.

Consumer groups must give the public a balanced view of financial services or they risk doing large numbers a disservice, Keith Richards believes.

The Financial Conduct Authority (FCA) will be tougher than its predecessor but its more open approach has improved its standing in the industry, Keith Richards has said.