In this exclusive Guest Column for Financial Planning Today, Matthew Connell, director of policy and public affairs at the Personal Finance Society, looks at client compensation and asks whether advisers are being penalised.

Only one in four (26%) of Financial Planners think that the Personal Finance Society (PFS) is performing well for the profession, according to our latest Financial Planning profession reader survey.

Nearly 2,400 financial professionals attended this week's Personal Finance Society's two-day Festival of Financial Planning - the biggest event of its kind this year.

The new President of the Personal Finance Society Caroline Stuart has urged members to help build the profession by spreading the word about careers in Financial Planning and Paraplanning.