Adviser hits out at CII exam journey
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Advisers say they are having to travel long distances to take the Chartered Insurance Institute’s financial planning exam.
National IFA Independent Financial Services UK is trying to book 20 of its advisers to take the CII’s diploma in regulated financial planning exam but is finding it difficult to make suitable arrangements.
One of its Blackpool-based advisers was initially offered an exam centre in the Isle of Man or Belfast while its Birmingham advisers were told there were no sittings in their area at all.
When trying to book three months in advance, the maximum limit for booking exam entrants, the company was told there is limited availability
Compliance director Peter Duffy says: “We are finding it all but impossible to book local centres. It is disappointing that this exam does not seem to have been planned for.”
A CII spokesman says: “If we find that we are facing demand that is greater than supply, then we will look to open new centres or expand existing ones.”
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Readers' comments (5)
David Drane | 1 Oct 2010 9:14 am
Normally those of us in Norfolk and North Suffolk get left out of things as no-one wants to come out our way. However, the CII exam coverage is one thing that there is not a problem with.
Usually, we complain about too many things being held around Birmingham. So, its ironic to see there being problems there.
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Anonymous | 1 Oct 2010 1:00 pm
It's not just the travel & frequency that's an issue. The fact that the CII Customer Services have said that the 2011 dates will be published on the 12th of November seems to say they have written off 2010.
Wake up CII.
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Gogtaff | 4 Oct 2010 8:45 am
Are we taking our eye off the ball. Should we not be taking them to task for the stupidity of gap fill, rather than having to travel for exams in core subjects.
They are lining their pockets very nicely thank you and I believe this is where we should be concentrating our anger.
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David Ross | 21 Oct 2010 4:00 pm
Gogtaff,
If you could be more specific about your gap fill comment I would be happy to respond.It's worth bearing in mind that the FSA are calling on advisers to gap fill NOT the CII.
David Ross
CII
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David Ross | 21 Oct 2010 4:10 pm
In response to unprecedented demand we are working hard to increase the number of available exam sittings in those locations that are proving particularly popular. In the last week alone we have created more than one thousand additional exam sittings and we will continue to work to ensure than supply matches demand.
I would encourage advisers to check our website regularly as we are increasing availability on an almost daily basis.
David Ross
CII
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