Independent governance review begins at Personal Finance Society

Follows accusations of failings by Chartered Insurance Institute

Jenna Brown
clock • 3 min read

An independent governance review of the Personal Finance Society (PFS) assessing operations at the organisation has started.

It follows accusations of governance failings by the Chartered Insurance Institute (CII) which resulted in a public war of words between the two organisations which started just before Christmas last year and continued into the new year. The PFS said the review, to be carried out by Integrity Governance, would be an objective, independent assessment that would cover the PFS chief executive (CEO) role, the PFS board operations and structure and advice provided to the board by both the CII governance team and other relevant CII advisers. It added it would also look at the PFS board deci...

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 chair: Name and shame plans 'valid' despite 'stern reaction'

FCA chair: Name and shame plans 'valid' despite 'stern reaction'

Ashley Alder was speaking at a Treasury Committee hearing

Cristian Angeloni
clock 09 May 2024 • 4 min read
Trade bodies call for chancellor to stop FCA public enforcement

Trade bodies call for chancellor to stop FCA public enforcement

‘Proposals to publicise investigations are a worrying development’

Isabel Baxter
clock 29 April 2024 • 2 min read
Johnny Timpson criticises DWP's vulnerable customer practices

Johnny Timpson criticises DWP's vulnerable customer practices

Calls for DWP’s approach to be brought in line with regulated sectors

Jaskeet Briah
clock 26 April 2024 • 2 min read