The latest moves and appointments at the UK professional body for financial advisors.
The board of the Personal Finance Society, the professional body for the financial advice and planning profession in the UK, has appointed Don MacIntyre as interim CEO.
Starting this week, the group said that MacIntyre will provide leadership as the body evolves its working practices and governance to further its members’ interests and the reputation of personal finance and financial planning profession.
He will join the PFS after leading the UK Cyber Security Council, a self-regulating body for the UK’s cyber security profession, the firm added in a statement.
Welcoming him to the firm, Sarah Lord, president of the Personal Finance Society and chief growth officer for Cooper Parry Wealth, said: "Not only will he represent and advocate for PFS members’ interests, he will also work closely with the board to preserve PFS assets and enhance our governance.”
Lord was also chief client officer at Succession Wealth and prior to that, a partner at Killik & Co, heading up the wealth planning operation in both the UK and the Middle East.
MacIntyre stressed: “The PFS is a professional body that continues to grow and evolve to support members’ ability and professionalism in providing financial advice and planning services to clients."
"Maintaining public confidence and a laser focus on members’ interests and the means by which the PFS can meet their needs, efficiently, effectively, and consistently will be a significant part of my work in the coming months. The financial planning profession has an important role to play in an increasingly challenging economy and I look forward to helping further its ability to do so," he said.
MacIntyre will have a number of priority programmes for the remainder of 2022, including promoting the PFS strategic plan and delivering the Annual General Meeting in September 2022, the firm said. He will also enable the PFS to deliver the "Festival of Financial Planning" in November 2022, and support the board to ensure that the PFS continues to meet its purpose.
MacIntyre will also work with the board and an executive search consultancy to secure a permanent CEO and undertake a smooth transition in leadership early in 2023.
Jonathan Clark, outgoing interim CEO of the Chartered insurance Institute (CII), said: “One of the key findings from our Shaping the Future Together consultation was that members wanted continued collaboration between the CII and Personal Finance Society (PFS) boards and a new PFS leader within the group. This was both welcomed and supported by the CII board, so I am delighted the PFS board have recruited Don MacIntyre as interim PFS CEO."
“We look forward to closer collective engagement, so we have a united understanding of the challenges the professions face. The PFS is an absolutely critical part of what we do – its 39,000-strong membership is highly valued and is a great voice for advice, especially at a time when the cost-of-living crisis is impacting even the most resilient among us," he added.