Paraplanning, Pilgrim's, Pension's, and
It's been an extremely busy period since my last blog post, with
various events and meetings around the country, including an
opportunity to attend our first two Purely Paraplanning events
which took place in Bristol and Leeds. I'm really pleased with the
interest we've had in these events and following our London event
at the end of the month we will have seen almost 350 paraplanner
members in total. All credit and thanks to our Paraplanner
Practitioner Panel chaired by Cathi Harrison, Founder of Parasols.
It's been a brilliant response and we've received some really
encouraging feedback so we will be putting this energy and
enthusiasm into providing further dedicated support for this
growing sector within our membership.
One of my more interesting meetings from last week was to meet
with the CEO of another PFS - the Pilgrims' Friend Society - a
charity supporting older people. We had a valuable discussion about
the current and future care needs of the UK public and what key
challenges we expect to be facing. We discussed the lack of care
home spaces and the impact this will have on society with an
increasing number of older people seeking some form of domiciliary
care. There will naturally be a big knock-on effect to families as
grown-up children will have little option but to care for their
parents, often full-time.
I'm pleased to say that the Pilgrims' Friend Society is very
keen to address these issues and to also help bring the different
industry groups together to work on solving these challenges -
which was the reason for our meeting. Having become aware of our
'United Profession' campaign, they are keen to recreate this
initiative for the later life care industry. Of course, I was more
than happy to share our experience in bringing together the
different stakeholders and parties involved within the financial
services profession and to initiate discussion to help the
progression of our profession.
This past Monday saw the annual Personal Finance Society
strategy planning day. Personally, I feel we're in a really
exciting time at the Society, where we can look at what we've
achieved already this year and also start making future plans for
the other initiatives which are in the pipeline. The overall
outcome of the day was to ensure we continue to evolve our role as
your professional body and to further expand our presence in the
consumer space. This is a very important step in raising our
profile and in turn, raising the profile and value of professional
advice amongst the wider public.
On Tuesday we held the Society's 2015 Annual General Meeting, in
the Great Hall here in London. It was very well attended by members
and all motions were carried. That included the election of our new
President, Brendan O'Ciobhain; as well as the appointment of John
White and Jonathan Rees to the Board; and due to the end of his
term of office, the resignation of Garry Hale from the Board. I'd
like to take this opportunity to thank David Thomas, Immediate Past
President, for his enthusiasm, dedication and guidance during his
term as President of the Society.
Yesterday I was off to yet another meeting, this time at the
ABI. I am delighted to be involved in the Pensions Language
Steering Group which is looking at how we can develop common and
consistent language to use across Financial Services. This is
really important, particularly as it is ultimately for the benefit
of the consumer - which is what we're all about. Improving the
language and terminology that's used throughout Financial Services
materials will really help to increase public confidence and trust
in our sector.
Today I have the pleasure of spending the morning with Pensions
Minister, Baroness Altmann as she has graciously agreed to take
part in some upcoming activity of ours. This includes an interview
in the next edition of FS magazine, so keep an eye out for that
landing on your doormats in the next couple of weeks.
Finally, my last meeting of the week will be with the FCA
tomorrow, as I've been invited to join in their senior manager
panel discussion, so I will update you next time on what we
discuss. In the meantime, I wish you all a great weekend.
About the Blog
In this blog Personal Finance Society CEO Keith Richards will be
keeping you up-to-date with all the Personal Finance Society news,
projects and initiatives that we have in the works.
Read past editions of the blog »