Archives for December 2022
Wishing you a very Merry and Peaceful Christmas
From everyone here at Financial Planning Today, we wish all readers, advertisers and supporters a very Merry Christmas. It’s been a year like no other for the UK but for most Financial Planners and Paraplanners it’s been another year of remarkable growth and frenzied M&A activity. We’re taking a short festive break now until 3 Jan […]
Guest Column: ‘Why CII decision on PFS is the right one’
Debbie Mitchell, PFS member and CII group board member, writes exclusively for Financial Planning Today on why she believes the CII group board decision to intervene at the Personal Finance Society, and effectively take control of the PFS board, is the right one. If you’re surprised to learn that a PFS member sits on the […]
FCA extends suspension of 10% drop rule notifications
The FCA has extended its suspension of the requirement for firms to issue 10% depreciation notifications to investors. The move follows the Government’s plans to scrap the rule as part of The Markets in Financial Instruments Regulations 2022. The regulator has now extended the suspension until the new legislation comes into force, expected in January. […]
CII denies PFS board takeover is a cash grab
The Chartered Insurance Institute has denied that its move this week to take over the PFS board was about taking control of the PFS’s near £20m in reserves. Chris Shadforth, communications director at the CII, said the takeover of the PFS board was not about money. He added that the PFS had made “super normal” profits over a […]
Planners condemn CII move to take over PFS board
Many Financial Planners have reacted negatively to the move by the CII this week to take over the PFS board, with several saying they may re-evaluate their membership. The Personal Finance Society (PFS) voiced its “shock” on Wednesday at a decision by parent body the CII’s to take over the PFS board by appointing three […]
CII accuses PFS of breaching confidentiality
A spokesperson from the Chartered Insurance Institute (CII) has accused the Personal Finance Society (PFS) of breaching a confidentiality agreement as the row between the professional bodies continues. Yesterday the PFS blamed a lack of CII directors attending for its decision to abandon an Emergency PFS Board meeting. The PFS President Caroline Stuart said that […]
14 Tax Deductions Your Small Business Might Be Overlooking
Keep more of the value your business generates by following these tax time tips.
