CII and PFS issue statement over 'recent disagreements'

The professional bodies plan to collectively update members from next year

clock • 1 min read

The Personal Finance Society (PFS) and the Chartered Insurance Institute (CII) have revealed that they have reached an agreement in principle over a range of matters they disagreed about after “full, detailed and constructive discussions”.

The progress has been aided by the appointment of new chief executive (CEO) at both bodies. The statement today (20 September) said there had been on-going dialogue and recent disagreements but both parties now agree that they have reached a point where they can "collaboratively move past these". "The collective aim is to be able to update CII and PFS members on the recommendations of both organisations' leadership in the new year," it said. The PFS and the CII leaderships said this agreement would enable a positive forward-looking approach to serving all of their members. They add...

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

IPT set for another record year

IPT set for another record year

Taxation hits £6.78bn in FY25/26

Cameron Roberts
clock 19 December 2025 • 2 min read
Strong year predicted for IHT receipts

Strong year predicted for IHT receipts

£5.8bn for first eight months of 2025/26

Jen Frost
clock 19 December 2025 • 2 min read
FCA responds to Which? super complaint

FCA responds to Which? super complaint

Expansion of insurance work in 2026

Cameron Roberts
clock 18 December 2025 • 2 min read