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.

The group of Past PFS Presidents and many leading Financial Planners launched their campaign against the deregistration of the PFS after the CII revealed its plans ahead of its AGM which was held last week.

At its AGM the CII announced it is to launch a consultation with its 125,000 members on the future of its PFS arm after rejecting a last-minute, no-confidence motion at the meeting. 

In the letter to Ms Fisher, the Financial Planners requested the CII announce the details of member votes at the AGM “in the interests of transparency, and good governance.”

The group said that it understands that the CII announced that each proposed at the AGM was passed by the majority of votes, but they also “understand that there was a significant number of members who voted against some of the resolutions.”

They have asked that for each resolution the details are released for total number of votes for, against, by proxy for and by proxy against.

The letter was signed by the leaders of the campaign group: Robert Reid, Brain Steeples, Sharon Sutton, Carole Nicholls, Nick Bamford, Alasdair Walker and Grant Scott.

Several leading Financial Planners shared their thoughts with Financial Planning Today last week about their thoughts on the CII plans to deregister the PFS. 

The PFS is the biggest UK professional body for Financial Planners and runs the Chartered Financial Planner designation.

It is understood the the CII plans to publish the breakdown of the votes on its AGM website today.