PFS

The introduction of financial education into schools and colleges has raised the suggestion a career path to financial advice is emerging, which could give the sector "new blood" and boost its image as a profession.

The Personal Finance Society (PFS) will spend at least £1m in 2006 in its first major drive to communicate the role of the professional body to the financial services industry to consumers.

The Institute of Financial Planning (IFP) has backed down in its fight against the Chartered Insurance Institute (CII) over the new Chartered Financial Planner title.

The Personal Finance Society (PFS) has announced it will be holding a series of country-wide, half-day technical seminars on pensions planning pre and post A-Day, between October and December.

The Personal Finance Society welcomes the new Chartered Financial Planner title and says IFAs have "nothing to worry about" in response to concerns it will puzzle consumers.

Industry comments are mixed regarding a possible investigation by the FSA over mis-selling claims on contracting-in and out of the state second pension, previously known as Serps.

The Personal Finance Society will host its inaugural Conference, following its merger between Insurance Association (LIA) and the Society of Financial Advisers (SOFA) at the start of the year.

Nineteen out of every 20 candidates have passed the first exam for the new CII pensions simplification update programme.

Financial advisers doing pro bono work in a Citizens' Advice Bureaux pilot study have found they may be able to generate additional business on the back of consultations, says the Personal Finance Society.

Brian Steeples has been appointed as the first president of the Personal Finance Society (PFS).