The CII Group says it will now undertake a review of the structure and workings of the PFS to adapt to the market changes proposed by the retail distribution review.
CII Group chief executive Sandy Scott says: “We are very grateful for the tremendous work Tim has done for the PFS. He now leaves the PFS financially sound and with its membership rising.
“I, and everyone who has worked with Tim at the CII and PFS, wish him well and every success for the future.”
Eadon says: “My time at the PFS has been a fulfilling experience. Its membership has risen to 24,500, with 1,400 of these chartered financial planners, since I became chief executive, and the number of Chartered firms is on the increase.
“I helped oversee the transition of the PFS from an embryonic body to what it is today – a dynamic strategic partner for corporates and a major influencer in shaping the industry’s future.
“I look forward to pursuing the next chapter of my career within the financial services sector. I would like to thank my fellow PFS colleagues and board members for their support.”