Proactively progressing our public
The last fortnight has involved back to back meetings, with the
main highlight being our first National Financial Planning
Symposium in London last Monday (2 November). It was a fantastic
day and a real pleasure to see so many of our members in attendance
- 650 in total! Whenever you hold a live event for a large number
of delegates, there's always something that will go wrong, and on
this occasion I can safely say that we can give that award to the
inconvenient fire alarm that went off during our President, Brendan
O'Ciobhain's, opening speech. Credit goes to the delegates, and to
our wonderful event staff who managed to make this early morning
hiccup a non-issue.
The rest of the agenda flowed smoothly and we were able to enjoy
the insight and knowledge shared by a selection of our members and
professional speakers throughout the day. This was followed by our
annual Awards Gala Dinner which was a real celebration of the good
work that our members have done over the past 12 months. Our host,
Alistair McGowan, entertained the guests with a witty repertoire
including his impressions of Roy Hodgson, Roger Federer and Andy
Parsons to name just a few. In my opinion, he was an excellent host
and did a great job at introducing and presenting the awards to the
deserving winners. All of the finalists were fantastic ambassadors
and I'd like to once again extend my congratulations to all the
finalists and winners.
The following day saw our bi-monthly board meeting with our
future strategy and the current Financial Advice Market Review
(FAMR) dominating discussion.
I was also invited to another meeting at the Treasury to discuss
a possible secondary annuity market. It was a constructive meeting
and it is clear that some stakeholders are more enthused than
others and want to see the option implemented, although we have
highlighted that commercial motivations must avoid conflicts of
interest. It is perhaps obvious to many that this is fraught with
potential risk and consumer detriment, which of course must be
mitigated. The Personal Finance Society is 'cautiously supportive'
and will continue to work with government accordingly. We will also
continue to engage member input and we always welcome your views on
any key subjects.
A lot of my time in recent weeks has been taken up with
interviews and calls with various editors from consumer financial
press. It's a key part of our ongoing work to raise the profile of
professional financial advice and to engender confidence and trust
in our profession.
We continue to comment in the FT, Mail on Sunday, Express,
Express on Sunday, Guardian, Independent and were recently invited
to speak on the BBC's MoneyBox programme. Our President's theme for
2016 is to raise the profile of professional advice....and that's
what we intend to do.
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 »