PFS tops 25,000 member barrier

Published on

The Personal Finance Society (PFS) has broken through the 25,000 members’ barrier for the first time since its creation in 2005.

PFS sees this increase as the result of an acknowledgment by the profession of its desire to raise standards as the reason for its increase in membership.

Recognition of the Chartered designation by consumers is believed to be responsible for a surge in Chartered members over recent months. There are now over 1,700 Chartered Financial Planners and almost 250 Chartered Financial Planning firms.

Fay Goddard, chief executive of the PFS, said: “Against the background of an unprecedented global financial crisis it’s reassuring to see our industry react so positively to calls to raise standards. With few exceptions professionalism has been embraced across the sector

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Bank of England expected to hold interest rates at 4.5% amid economic uncertainty

The Bank of England is widely expected to maintain interest rates at 4.5% when...

£6.5k bill for homebuyers who miss stamp duty deadline

Rent and mortgage spending rose 7.7% year-on-year in February, as more homeowners moved from...

Advice Guru partners with Pure Retirement to support broker education

Financial adviser learning platform Advice Guru has announced a new sponsorship partnership with Pure...

Nationwide ups LTV limits for interest-only and foreign national borrowers

Nationwide has announced changes to its mortgage lending criteria, increasing the maximum loan-to-value (LTV)...

Other news

Bank of England expected to hold interest rates at 4.5% amid economic uncertainty

The Bank of England is widely expected to maintain interest rates at 4.5% when...

£6.5k bill for homebuyers who miss stamp duty deadline

Rent and mortgage spending rose 7.7% year-on-year in February, as more homeowners moved from...

Advice Guru partners with Pure Retirement to support broker education

Financial adviser learning platform Advice Guru has announced a new sponsorship partnership with Pure...