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Backstage with Keith Richards

14th November 2016


It was with great pleasure last week, that we welcomed more than 600 members to two major events in Belfast and Newport.

On Tuesday, we hosted approximately 200 members at our Financial Planning in Focus conference at Titanic Belfast, where delegates heard from a range of keynote speakers including Guinness memory world record holder David Thomas, who explained the value of possessing a powerful memory.

Meanwhile, our 2016 National Financial Planning Symposiums kicked off in Newport on Thursday, where award winning actor, business coach and keynote speaker Ian Hughes, drew on the Shakespearean theme by explaining to more than 400 delegates how the power of storytelling can be used to increase the impact we make when we tell our own story.

Members were also offered an update on a series of initiatives being led by the Personal Finance Society, including the imminent launch of a new Financial Adviser apprenticeship and a new pro bono initiative we're developing with the On Course Foundation, to support injured armed forces personnel.

We're expecting more than 2,300 members to attend our 2016 National Symposiums, making it one of the biggest gatherings of advice professionals in the UK, and an invaluable opportunity for members to network, share ideas and hear from experts across a range of sectors and areas of specialisation.

But we're planning an even bigger event next year, when we consolidate our national conferences into one major event. Plans are under way to host more than 3,000 delegates and 150 exhibitors at a  festival of personal finance and financial planning, to be held at Birmingham's National Exhibition Centre (NEC) on 7th - 8th November. We will keep you updated as plans progress.

On 16th November we head to Edinburgh for the second of our National Symposiums, followed by London on the 24th and finally Birmingham on the 29th. I look forward to seeing you there!

Redefining advice

As I mentioned in my previous blog, we will be submitting our response to the Treasury's consultation on amending the definition of financial advice on Tuesday 15th November, following a roundtable discussion I will be attending with the Treasury on Monday 14th November.

We broadly support the Treasury's plan to expand the scope of 'guidance' by redefining 'advice' in line with MiFID, but as outlined in our submission, we also propose a broader review of the labels commonly used in our profession.

Redefining advice won't necessarily change anything from an adviser's perspective, but the clearer definition paves the way to more clearly establishing advice and guidance as two distinct propositions.


Kind regards,



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 »