View more on these topics

CII and Sofa on a new road

The Chartered Insurance Institute and its financial services arm, the Society of Financial Advisers, is going on a UK-wide roadshow to tell members about recent changes.

Over the past few months, the CII has been consulting with members and industry figures in a bid to sharpen its focus and expand its services.

The roadshow led by CII director general Sandy Scott started in London last week and visited Manchester this week, Bristol on July 17, Southampton on July 19 and Glasgow on September 4.

The roadshow will outline the introduction of the Foundation Insurance Test to provide a basic level of competence for people working in the general insurance industry.

The CII has also launched internet learning for members, created the K10 retirement options and K20 pensions and investment options qualifications and introduced the title of Chartered Insurance Broker.

It says it has reviewed its strategy on the life industry and is helping providers get their back-office staff trained to a higher level to meet regulatory requirements being introduced next year.

Scott says: “We are re-engineering the CII to make it more dynamic, more proactive and more relevant to the needs of our members. Now we are going out to meet them to get our message across.”


Yorkshire Guernsey – 3 Year Fixed Rate Bond

Thursday, 5 July 2001.Type: Offshore high interest account.Minimum investment: £5,000.Place of registration: Guernsey.Yield: 5.75 per cent gross.Charges: None.Commission: None.Tel: 01481 710150.

IFAs slam PIA watchdog over pensions redress

IFAs have slammed the PIA ombudsman for encouraging policyholders seeking redress over pension misselling to complain in order to validate any offer they have received.A Rochdale IFA is fuming after a client was advised by the ombudsman that the “only way” to verify an offer of compensation was to make a formal complaint against the […]

On the trail of commission strategy

The caricature of the commission-hungry IFA is an image that the industry sometimes struggles to dispel.Not only has Ron Sandler, head of the new Treasury review into retail investment, given notice of his intention to examine what he has described as the “ambiguities” inherent in distribution, but the subject of commission is used repeatedly to […]

Pru profit points

Stakeholder pensions are not all doom and gloom for the industry (Cazalet predicts stakeholder slaughter, Money Marketing, June 28). Although charges are low, the scheme can eventually be run profitably if providers can ensure they have efficient systems to ensure administration is kept to a minimum and sufficient scale to enable a return.Moreover, stakeholder pensions […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm