In Focus: Profitable advice business  

PFS reinstates CEO role and hunts for an interim

The criticism followed a proposal by the CII to deregister the adviser body in June 2021.

The CII first proposed deregistering the PFS as a legal entity in 2016 and then again in 2019 with a view to making cost savings and reducing the tax bill.

Article continues after advert

All three times the proposals were rejected by the PFS board.

jane.matthews@ft.com