PFS CEO calls for action to tackle biggest savings gap

Personal Finance Society (PFS) CEO Keith Richards has argued that the relevance and demand for professional financial advice has never been great, as we are currently experiencing the “biggest savings gap since records began”.

Speaking at the PFS annual two-day symposium held in London, Richards highlighted the important role that the financial advice sector plays in consumers lives, particularly while the UK is facing “unprecedented political uncertainty”.

He described the event as a “calendar highlight” that allows advisers to network and “be at the heart of key trends and topics”.

“Our members know that the way to facilitate public trust in financial planning is through professionalism and 2018 has been a remarkable year for the PFS and our inclusive and growing membership. The power of personal finance to change lives will continue to shape how we respond to the challenges in 2019 and beyond,” Richards concluded.

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