In this exclusive column, Matthew Connell, director of policy and public affairs for the Personal Finance Society, looks at why the Consumer Duty is not the 'be-all and end-all' for Financial Planners this year. This edited article first appeared in Financial Planning Today magazine (July-Aug issue).

The Personal Finance Society, the 40,000 member professional body for Financial Planners, has launched a “practical toolkit” to help members embed the FCA’s new Consumer Duty requirements which begin on Monday (31 July).

The Chartered Insurance Institute has added 5 more directors to the Personal Finance Society (PFS) board.

The Personal Finance Society has selected Barclays Wealth Chartered Financial Planner Anthony Ward as its new interim President and appointed two new member directors to its board.