Sarah Lord hits back at 'disingenuous' CII after PFS board takeover

Past presidents accuse CII of ‘deeply cynical move’

Jenna Brown
clock • 3 min read

Sarah Lord, the past president of the Personal Finance Society (PFS) has criticised the Chartered Insurance Institute (CII) after it moved to take over the PFS board today (21 December).

Lord, who served as PFS president from 2022 to 2022, said the CII's decision - which saw it immediately add three CII directors to equalise the make-up of the PFS board and confirmation of its intention to add another CII director to take overall control - was a "deeply cynical move". Lord said: "The orchestration of the announcement that we have witnessed today shows that this is a pre-meditated decision. I have until very recently been in conversations with the CII leadership and we have engaged in mediation at their request. The conversations were still underway. "It is extraordina...

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 Adviser / Broking

New compliance director for Access FS

New compliance director for Access FS

Jeremy Lock appointed

Cameron Roberts
clock 14 May 2024 • 1 min read
Understanding neurodiversity

Understanding neurodiversity

Promoting inclusion and the employers' role in the workplace

Dave Middleton
clock 10 May 2024 • 2 min read
Women in Protection 2024: Afternoon roundup

Women in Protection 2024: Afternoon roundup

Ending with inspiration

Cameron Roberts
clock 03 May 2024 • 2 min read