The Personal Finance Society board has voiced criticism of its parent body, the Chartered Insurance Institute, as a review of both bodies’ future strategies gets under way.

The money laundering regulations are supposed to be a dull but routine part of financial services business, as any Financial Planner will attest.

The unexpected resignation today of under fire CII CEO Sian Fisher is neither the end of the story for the Personal Finance Society, nor realistically even a solution to the crisis that has beset both the CII and PFS in recent times.

Campaigners fighting to halt the deregistration of the PFS say they will fight on against the changes following the decision by Sian Fisher, CEO of parent body the Chartered Insurance Institute, to resign today.