A group of Midlands-based advisers that includes ‘the godfather of financial planning’ Paul Etheridge and former New Model Adviser® cover stars Mark Rogers, Derek Capelin and Stephen Roberts has lined up Natalie Ceeney, chief executive of the Financial Ombudsman Service (FOS), to speak at their next event.
Ceeney (pictured) will address the group of advisers, known as the Cellar Club, on 23 April.
The club, which meets six times a year, was set up in 1974 by Etheridge and has 30 members who all work at adviser firms predominantly based in the Midlands.
Previous speakers to address the club include former chancellor Alistair Darling and pensions guru Steve Bee.
Cellar Club chairman Rogers, managing director of Birmingham-based Clay Rogers, said he hoped Ceeney would give members a better understanding of how the FOS worked, and they in turn could give her an insight into financial planning.
‘She’s very brave to come and talk,’ he said. ‘There is a debate about whose side [the FOS is] on and whether it just listens to whoever shouts the loudest [when it comes to settling claims].’
Rogers said the club had not been big on publicity in the past, but was looking to become more vocal about the virtues of financial planning.
‘We want to become more of a pressure group, crusading on behalf of financial planners. We want to eventually influence the new regulator,’ he said.