The Personal Finance Society board has voiced criticism of its parent body, the Chartered Insurance Institute, as a review of both bodies’ future strategies gets under way.

The directors of the PFS have re-elected Sarah Lord as President of the Personal Finance Society for a second term as debate on the future of the professional body goes on.

The Chartered Insurance Institute board has shelved, at least temporarily, any plans to deregister its Chartered Financial Planner-body, the Personal Finance Society, until the results of a major review are known next year.

Campaigners opposing the deregistration of the 40,000 member Personal Finance Society (PFS) have sent a letter to Chartered Insurance Institute (CII) CEO Sian Fisher pushing for AGM voting numbers to be published on the CII website this week.