CII warned PFS members could break away amid board row
The Chartered Insurance Institute faces a walk out from Personal Finance Society members upset over disagreements at board level.
That is the message from influential insurance institute members and an ex-CII vice president.
The CII has been mired in controversy since announcing on 21 December that it would appoint three institute directors to join the PFS board, bringing the total number of board members up to five PFS member directors and five institute directors.
After a 30-day consultation period has elapsed, the CII intends to appoint a further institute director to the board giving it a majority with six.
The move
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