PFS

The Personal Finance Society has launched a survey into the use of wraps in the retail investment market to aid its ongoing discussions with the Financial Services Authority on wrap platforms.

IFA firm Towry Law has announced it expects all 200 wealth advisers to have achieved the Chartered Insurance Institute's Diploma in Financial Planning as a minimum benchmark qualification by the end of 2008.

John Ellis, head of public affairs at the Personal Finance Society, is leaving the organisation after a transitional period and will be replaced by Barclays' David Thomson.

The Personal Finance Society has written to its members urging them to get involved in its project with the Citizens' Advice Bureau to provide generic financial advice on a volunteer basis.

Customers are frequently sold inappropriate protection because adviser views are formed by product marketers and ease of sale, rather than fact find and suitability for client, according to the Income Protection Taskforce.

Carole Nicholls has taken over from Brian Steeples as the new president of the Personal Finance Society.

I've just emailed my presentations to the organisers of PIMS International which takes place later this week. And in a couple of weeks' time, just after the Institute of Financial Planning's Conference in the Midlands, I'm off to the Asia-Pacific Financial...

The Association of Independent Financial Advisers (Aifa) has announced it will collect evidence on with-profits in the first stage of its ‘stakes in the ground' initiative, which aims to protect advisers in the event of future complaints.

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.