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.

Initial IFA responses to details of the LIA/Sofa merger indicate some advisers believe the deal may be rejected because of the powers it gives the CII over the new body.