More than 120 financial businesses have applied for Associate Firm membership of the Personal Finance Society in the first month.

Some 10% of Financial Planners said they did not feel safe from Covid-19 while working in the current climate in a recent survey.

Financial Ombudsman Service data shows 1,635 new complaints were received about financial advisers in the 2019 to 2020 financial year, down a bit from 1,915 in 2018 to 2019, the PFS chief executive writes in his latest column for Financial Planning Today Magazine (July/Aug issue).

The Personal Finance Society has launched an Associate Firm membership for Financial Planning firms that want to show their alignment to the professional standards and code of ethics set by the professional body.