FAMR Continues to Grab the Headlines.
Since my last blog, there has been one topic in particular that
has been dominating our trade headlines, and that is Financial
Advice Market Review (FAMR). Speaking engagements also continue to
roll in for conferences and events, and coupled with the recent
developments in FAMR, this has made for almost daily headlines.
I recently shot a video interview for FTAdviser on the subject
of proposed reforms and attended the first roundtable of the FAMR,
chaired by Charles Roxburgh, Director General, Financial Services
at HM Treasury and Tracey McDermott, Acting Chief Executive of the
FCA, over at FCA HQ. As per recent communications to members, this
reaffirms my personal views that this Government-led initiative is
the most significant to recognise the value of professional advice.
It's difficult to say what the level of reform will be at this
stage, but there is little doubt that their core objective of what
needs to be achieved is to identify what needs to change to
increase access to advice for the wider public.
Over the last few weeks we have been busy judging for our 2015
Chartered Awards, with the winners being announced at the Gala
Awards Dinner on Monday 2 November at the Royal Lancaster Hotel,
London. Competition has been very strong which made judging all the
more difficult as all the finalists were potential winners.
I was delighted to get involved in a new initiative that our
London regional committee is kick-starting in conjunction with the
London Insurance Institute; a Next Generation event. The networking
evening brought together aspiring and newly qualified Financial
Planners, administrators and paraplanners to launch the new
group. The group aims to bring together the next
generation of financial planners - as it is these members who
will ultimately be taking our profession forward. I must say
it was a little strange to attend an event where none of the
delegates were sporting grey hair...other than me of course!
At the start of last week I made the trip over to the Isle of
Man to attend our regional conference and to also meet with the
local government and regulators. As a result we have been invited
to meet regularly to assist and input into various reforms on the
island on behalf of our members.
The big focus for myself and the whole team for next week is our
first National Financial Planning Symposium which is taking place
in London on Monday. It's an exciting yet busy time here at
Personal Finance Society HQ as we put the finishing touches to our
flagship events of the year.
With a focus on the future of financial planning, these events
will gather together some leading figures from the financial
planning community and will include a number of practitioner-led
sessions to ensure that members receive both inspirational and
We're naturally looking forward to celebrating the achievements
of our members at the Chartered Awards Gala Dinner that evening.
It's always a pleasure to meet with members and a real privilege to
acknowledge standards of excellence by our award winners.
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 »