The Personal Finance Society (PFS) has voiced its shock at parent body the CII’s move to takeover its board by appointing three new directors yesterday.

The Chartered Insurance Institute (CII) has moved to take control of the board of its Financial Planning arm, the Personal Finance Society (PFS), following the failure of mediation attempts.

The Personal Finance Society has published a Consumer Duty good practice guide to help Financial Planners prepare for the new rules.

In this exclusive Q&A with Financial Planning Today, Don MacIntyre, the new interim CEO of the Personal Finance Society (PFS), talks to editor Kevin O’Donnell about the recent Festival of Financial Planning, his plans to restore confidence in the body and the road ahead.