View more on these topics

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

WDS,

Bristol

Recommended

Crombie warns of sinking feeling if the float vote fails

Standard Life group chief executive Sandy Crombie has warned policyholders that voting against demutualisation would result in reduced payouts and a fire sale of assets to shore up its ailing capital position.

Rental health

Increasing professionalism in the buy-to-let market supp- orts lenders offering rental calculations using low payment rates, says Pink Home Loans associate director Dev Malle

Guarantees in the retirement income market

Lorna Blyth, Royal London  Do guarantees benefit customers and, if so, when? To answer this conundrum we commissioned Millimans, a global actuarial consulting firm, to conduct an independent review of the UK retirement income market and whether guarantees really do offer customers better value for money. The brief The study was one of the most comprehensive undertaken […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment