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

PFS turmoil continues as interim CEO Don MacIntyre exits

PFS turmoil continues as interim CEO Don MacIntyre exits

Organisation has been at loggerheads with CII

Jenna Brown
clock 05 November 2024 • 2 min read
Implications of the PRA's 2025 life insurance stress test

Implications of the PRA's 2025 life insurance stress test

A regulatory shift

Sheikh Yasir
clock 01 November 2024 • 4 min read
Industry reacts: Autumn Budget 2024

Industry reacts: Autumn Budget 2024

Missed opportunities for health

Cameron Roberts
clock 31 October 2024 • 5 min read