View more on these topics

Inappropriate for PFS members to air concerns in public

As a member of the Personal Finance Society and one of its regional volunteers, I am very concerned that some members of the society seem to think it a good idea to conduct a discussion with the society through the pages of Money Marketing.

If they have concerns about the PFS, surely it would be far better to have a sensible discussion with the president, the chairman, one of the directors or the management of the PFS?

Speaking as a member of the PFS, we have come a long way in a very short time. Let us not forget that last October we were still debating whether or not we could take the historic step of bringing Sofa and the LIA together in one professional body which would have much greater authority than the separate organisations.

In the six months since then, the merger was agreed (with only around 2 per cent of the membership actively in opposition), the memberships have been merged, membership cards have been sent out, consultations have taken place on the regional framework, a massive rebranding exercise has taken place and public affairs activity has been conducted on behalf of the united membership with predictably positive results at the FSA and elsewhere.

The industry has debated whether to form a single body for at least 10 years. We are now four months into living within that body and there are clearly policy issues to be addressed, as anyone would expect.

I do believe we should be supportive of the PFS, its board and its executive team, working with them rather than seeing them as a target for lobbying.

John Eardley The Independent Financial Planning Company, Altrincham, Cheshire

Recommended

TMB launches online conveyancing platform

The Mortgage Business is launching an online conveyancing platform to be ready in the middle of May 2005.The online platform manages referrals to solicitors based upon their capacity, quality and consistency.It is hoped brokers and clients can save time by tracking the progress of their cases online at any time. They can also receive notification […]

FAMR – a familiar response

Pension specialist Fiona Tait takes a look at the Financial Advice Market Review and assesses the three areas where it suggests improvements can be made With significant budget changes ruled out (for a while anyway), the pension community briefly turned its attention to the FCA’s final report on its Financial Advice Market Review (FAMR), hoping […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com