The Personal Finance Society – currently embroiled in a major dispute with parent body the CII – is to carry out a live online consultation with members on Friday.

Invitations to the lunchtime event are being sent by PFS interim CEO Don MacIntyre.

The PFS will also carry out a member survey to learn more about members' views.

The PFS says the consultation and survey are a chance for members to have their say. Other consultation webinars may also take place.

In the invitation the PFS says: “You may be aware that for some time, the CII and PFS Boards have been working hard to resolve and reconcile a range of complex issues, which included independent mediation that was unsuccessful. On 21 December the PFS Board was notified that the CII had taken the decision to exercise its right to appoint three additional directors to the PFS Board with the intention to add additional directors so that Institute Directors form a majority.”

The PFS says the consultation webinar will be an opportunity for members to put questions to PFS board members and for the PFS board to get feedback to “help develop its response to the CII.”

The PFS says it is important that the board is able to understand the views and opinions of as many PFS members as possible.

Members can submit questions when they register for the webinar as well as live during the webinar. The webinar will not be made available on demand after the event.

The webinar takes place on Friday 20 January from 12 noon to 1.30 pm.

Members should soon receive an email with a personalised invitation to complete a short survey and an invitation to register for the webinar.

PFS parent body the CII announced on 21 December that it planned to appoint a majority of PFS board members to gain control of the board due to governance concerns at the PFS. The PFS was given 30 days until 19 January to consult with members but this latest PFS consultation appears to partly take place past that deadline, suggesting the CII may be taking a more flexible approach.

A CII spokesperson told Financial Planning Today: "The CII Group Board remains deeply committed to its PFS members and believes it is essential that they are consulted. CII staff have supported the development and distribution of the PFS member survey as part of their normal, professional service to the PFS board and members."

• Questions about registering for the webinar can be sent to This email address is being protected from spambots. You need JavaScript enabled to view it. The PFS says that members unable to attend the webinar but who wish to provide specific input to the consultation can email PFS interim CEO Don MacIntyre at This email address is being protected from spambots. You need JavaScript enabled to view it.