Keith Richards has led the Personal Finance Society (PFS) for the past eight years and during that time he has been a recurring face at the end of every significant question related to financial advice you can think of.
Personal Finance Society boss Keith Richards steps down
Richards’ legacy includes working with the FCA and government on implementing pension freedoms and FAMR
Keith Richards will bow out as the CEO of the Personal Finance Society after eight years.
Richards (pictured) was appointed to the helm of the PFS in 2013 just after the Retail Distribution Review came into play. In 2016 he was subsequently appointed managing director of engagement for the Chartered Insurance Institute.
Under his watch membership at the PFS has grown to 40,000 individuals and 200 associate firms. He brought greater visibility to the financial planning sector working with the Financial Conduct Authority and government departments on key consultations including the implementation of pension freedoms and the regulator’s Financial Advice Market Review.
PFS boss Richards to step down in June
By Michael Klimes 6
Keith Richards
The Personal Finance Society has announced that Keith Richards will step down as chief executive on 30 June 2021.
He was appointed after the Retail Distribution Review in 2013 and has seen membership increase to 40,000 individuals and more than 200 associate firms.
Under Richard’s leadership the PFS contributed to several working parties such as the government’s implementation group for pension freedoms and Financial Advice Market Review.
Richards also oversaw the setting up of the European Financial Planning Association-UK mutual recognition qualification programme, the Pensions Advice Taskforce and Financial Vulnerability Taskforce launched in January 2021.