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PFS is simply an irrelevance

I have all due respect for Harry Katz’s prowess as an industry commentator and fellow contributor to these pages but I do wonder whether or not there is any point to what seems to be his ongoing feud with John Ellis over the purpose or relevance of the Personal Finance Society, as the LIA and the Sofa have now become.

Really, Harry, does any-thing that the PFS does either matter or make any practical difference to the IFA sector’s battle for survival in the face of all the forces arrayed against us?

We have enough to contend with in the shape of the FSA, the FSCS, the FOS, the ABI, the Consumers’ Association and the media, so why pick a fight with the PFS as well?

For my part, I simply ignore them as an irrelevance to our daily struggle for survival.

Would we miss it if the PFS simply disappeared in a puff of smoke?

Personally, I would not care a jot. It is just industry politics and we already have far too much of that as it is.

Julian Stevens




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