The CISI, the professional body for Certified Financial Planners, has launched an award in memory of the ‘godfather’ of Financial Planning, Paul Etheridge.

The CISI has awarded Honorary Fellowships to five highly-regarded members of the financial community, all of whom have held senior positions in the organisation.

The UK has an impressive 99% literacy rate, according to international studies. While this is worthy of praises I suspect the 'financial literacy' rate for the UK is just a fraction of this and the country is poorer as a result.

The CISI Future Foundation, a body set up by the CISI to improve financial literacy, has been granted charitable status and can begin considering grant applications.