PFS

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).

Corporate financial advisers and financial planners will be targeted by new specialist faculties from the Personal Finance Society.

Information about the replacement for the FPC is now available on the website of the Chartered Insurance Institute.

A deal negotiated by the Personal Finance Society with professional indemnity insurer NCG Professional Risks may result in "favourable terms" saving members extra money, the Society says.

Mortgage advisers who are members of the LIA and plan to transfer into the Personal Finance Society proposed jointly with SOFA are being offered free membership of the Society of Mortgage Professionals.