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Good as Goddard? 10 candidates for the PFS top job
by Michelle Abrego on Nov 13, 2012 at 15:31
With Personal Financial Society chief executive announcing her retirement last week, we take a look at 10 possible candidates to replace her when she retires next year.
Former policy director of the Association of Independent Advisers (Aifa) Andrew Strange could make a return to IFA land in a job which requires a keen grasp of policy and regulation.Strange was previously policy director of Aifa until leaving in August 2011 for consultancy PriceWaterhouseCoopers.
He managed to retain the confidence and appreciation of advisers throughout his time at the trade body, despite a difficult period for Aifa which consulted on allowing restricted members to join.
Chief executive of rival professional body the Institute of Financial Planning, Nick Cann, could also be a fitting recruit.
Cann, while with the IFP, has been highly active in the IFA community and has worked hard to raise the profile of financial planners and paraplanners.
He also has experience of lobbying the government and the regulator. He recently met the Treasury over advisers promoting Seed Enterprise Investment Schemes, and the Financial Services Authority (FSA) over professional indemnity insurance.
Gill Cardy launched her trade body, IFA Centre, exclusively for independent financial advisers less than a year ago, showing advisers her initiative and passion for the advice industry.A former representative on the FSA Smaller business Practitioner Panel Cardy has an inside track on the regulator’s workings and her name was in the frame the last time Aifa recruited a director general.
On the flip side it would seem unlikely she would leave the growing IFA Centre.
Chris Hannant joined Aifa in January 2012 as policy director after a few years at the Association of British Insurers and the British Chambers of Commerce.
A professional lobbyist Hannant has spearheaded Aifa’s return to form with a campaign for IFA’s right to a long-stop, with a degree of success as it was added to the Lord’s amendments to the Financial Services Bill.
The first name from a network Keith Richards, Tenet’s distribution and development director, has also tried his hand at campaigning over the last year.
Richards has led a drive to get MPs to raise IFA related issues in parliament.
Former Aegon head of industry development Peter Williams, is the most qualified man on financial advice with a doctorate in financial services.
Williams has stepped down from full-time roles to concentrate on a non-executive directorship role with Beaufort Group and work on simplified products and advice.
Former director and co-founder of support services provider Threesixty, David Ingram recently announced his new venture Aim Two Three was to open to IFAs and remains active as a director of the PFS.
Ingram’s strengths include understanding the adviser market and his knowledge of the provider market as a compliance consultant could also fit in nicely to working with PFS’s parent the CII.
Former PFS president Paul Lothian could also be a candidate advisers could get behind.Lothian, director of Dundee-based Verus Wealth, was enlisted as one of the original 12 chartered champions to encourage members to reach chartered status. He remains the chartered champion for North Scotland.
He is also a regular speaker at PFS events—he hosted the first Scottish financial planners conference—and is a fellow of the PFS.
Former PFS president John Everill is already on the board of the PFS, but might fancy getting back on the front line filling Goddard’s shoes.
Everill rose to fame as a director at national IFA Bluefin and founded adviser technology firm Time4Advice.
John Gaskell is currently financial planning and advice manager at the Institute of Chartered Accountants for England and Wales.
It was a big step up, but the PFS offices are just around the corner from where he currently works so at least its commutable.