The Personal Finance Society’s interim chair, Andy Briscoe, has quit the role after only six months.

The Treasury has appointed experienced financial services executive Sophie Hutcherson to the FCA board and reappointed Bernadette Conroy for a second term.

The Personal Finance Society board will meet early in the New Year to discuss a formal response to intervention in its running by parent body the Chartered Insurance Institute.

Two Past Presidents of the Personal Finance Society (PFS) have attacked the PFS parent body, the Chartered Insurance Institute, after it decided to step in today to take control of the PFS board.