The Personal Finance Society and the Chartered Insurance Institute have this week reached an agreement in principle on a range of matters, aided by the appointment of new CEOs at both organisations.
Both parties said they have moved past recent disagreements to reach a point where they can collaboratively move past these, and plans to update CII and PFS members on the recommendations of both organisations’ leadership are in place for 2023.
The organisations said in a statement that they believe this agreement in principle will enable a positive forward-looking approach to serving all of their members.
The finer points of the terms are still being discussed and are therefore ongoing and confidential.
Neither party is providing further details beyond this statement at this stage.
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