CII and PFS issue statement over 'recent disagreements'

The professional bodies plan to collectively update members from next year

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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...

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