Personal Finance Society chief executive Fay Goddard is retiring from the role next year after almost five years of heading up the professional body.
Since Goddard (pictured) was appointed chief executive in July 2008, the PFS membership has grown from 24,000 to over 33,000. She oversaw the launch of the Chartered Insurance Institute’s financial planner initiative, which now counts 3,200 individual chartered financial planners and 425 chartered financial planning firms.
Goddard says: “It has been a privilege to head the PFS through a time of great change and I am immensely proud of the way members have risen above and beyond the challenges.
“I have enjoyed the support of my CII colleagues, the PFS board and the members during my time as chief executive and am pleased to have had the opportunity to work with such a dedicated and enthusiastic team.”
She adds: “The financial planning profession is entering a new era and it seems timely to step down now and let someone new take the PFS forward through its next phase of development. I have no doubt the society will continue to go from strength to strength.”
CII chief executive Dr Sandy Scott says: “I am sorry Fay will be leaving us, but she has successfully led the PFS through the RDR and will be leaving the organisation in excellent shape, both in terms of reputation and membership size. All of us at the CII wish her the very best for her well-deserved retirement, although knowing Fay I suspect she will still be active in the profession.”
Goddard’s departure will be announced at the PFS annual conference in Birmingham today. She will remain as chief executive until a successor is appointed to help with the transition of the role.