PFS board to continue CII action planning in new year board meeting

Latest statement to members was issued on 30 December

Hope William-Smith
clock • 1 min read

The Personal Finance Society (PFS) is set to meet early this month in order to “consider its response to action taken by the Chartered Insurance Institute (CII)” in December.

The confirmation of the next PFS board meeting was published in member communications on 30 December and comes after the CII controversially appointed a number of its own directors to the PFS board last month. The CII said the 21 December move came on the back of "significant governance failures" that it has unearthed, with the appointments making the number of CII representatives on the board equal to the representation of the PFS. In the most recent PFS member statement, chief executive Don MacIntyre said the board "would be meeting early in the new year". "Members wishing to exp...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

FCA releases best practices for Consumer Duty board reports

FCA releases best practices for Consumer Duty board reports

Focus on data quality

Cameron Roberts
clock 12 December 2024 • 2 min read
Life assurance and assisted dying

Life assurance and assisted dying

What we can learn from global policies

Tony Müdd
clock 12 December 2024 • 5 min read
FCA announces Consumer Duty focus areas

FCA announces Consumer Duty focus areas

Market study dates

Cameron Roberts
clock 10 December 2024 • 2 min read