PFS backs FCA on clarifying advice boundary

The Personal Finance Society (PFS) has backed comments made by Andrew Bailey, chief executive of the FCA, and Charles Randell, chairman of the FCA about the need to simplify the parameter between regulated and unregulated activity.

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PFS launches global e-mentoring scheme

Members of The Personal Finance Society can now be mentored by a financial professional from another part of the world in a new international mentoring programme.

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PFS warns that soaring PI costs are hurting advisers

The Personal Finance Society warned today that it has evidence of financial advisers struggling to obtain professional indemnity insurance - and being unable to advise on defined benefit pension transfers - due to big increases in the Financial Ombudsman Service compensation limit.

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600 firms back Gold Standard for DB transfers

More than 600 firms have signed up in the first six weeks to support the PFS’s new Pension Transfer Gold Standard designed to improve best practice in Defined Benefit transfers.

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