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CII dealt with 525 disciplinary cases in 2012

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The Chartered Insurance Institute handled 525 disciplinary cases last year and saw a 35 per cent increase in non-CPD cases such as criminal convictions, FSA final notices and unprofessional conduct.

The CII professional standards board annual report, published today, shows there was a total of 525 disciplinary cases during 2012, of which 274 related to CII qualified members who had not completed the continuing professional development requirements.

The CII says it cannot provide a breakdown for how many cases resulted in disciplinary sanctions such as being excluded from CII membership.

Out of this year’s total number of cases, 253 related to non-CPD matters, with some cases covering more than one category of offence.

Of the non-CPD cases, 148 related to membership applications where there issues such as criminal convictions or insolvency.

The other non-CPD cases cover conduct issues such as misuse of designations, exam complaints, FSA final notices, criminal convictions or bankruptcies not disclosed by members, and issues relating to unprofessional conduct.

In 2011 the CII handled the same number of disciplinary cases, with 188 relating to non-CPD cases.

Disciplinary cases involving existing members are referred to the CII’s disciplinary panel. Among the CPD cases, the CII says most  people comply with the requirements during a 30-day grace period before designations are removed.

The report says: “The CII promotes standards and competence and has a duty to ensure its members are qualified for the work they do and that they observe the principles of best practice. The CII disciplinary and appeals process aims to protect the public and uphold the standards and reputation of the CII and the insurance industry.”

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Comments

There are 6 comments at the moment, we would love to hear your opinion too.

  1. If you’ve been a member of the CII and you use Dip PFS, you can’t then use it after you’ve left, to use the IFS for example. But you can’t put Dip FA as you haven’t qualified with the IFS either… So you’re stuck – having worked hard with the CII to pass the exams, you can’t use any Designation. What you can put however is “Holder of the CII Diploma in Financial Planning.” This is at least a statement of fact, and it isn’t inferring that you are a current CII member, and it isn’t a designation that the CII should be able to it it object to. It obviously isn’t a designation at all – it’s just a sentence..

  2. “What you can put however is “Holder of the CII Diploma in Financial Planning.” This is at least a statement of fact, and it isn’t inferring that you are a current CII member, and it isn’t a designation that the CII should be able to it it object to. It obviously isn’t a designation at all – it’s just a sentence.”

    It is not a sentence as it does not contain a verb!

  3. I work the other way round and do isn’t quote in business cards my professional qualifications or exams, I say what I do and point people to my LinkedIn profile so they can see what I am qualified to do, including repair small arms (no recent CPD) and evacuate a crashed helicopter under water for which I didn’t get the certificate as it was treated as an unofficial jolly. My parachute certificate confirms I did a jump, but not a successful one! Oh and I do have my level 4 and an SPS currently from the PFS.

  4. Oh well, just goes to show all the learning in the world will not produce integrity.

  5. It is a shame the CII cannot conduct their own affairs in a way that is expected of members. I have made 4 seperate formal complaints to them without a single acknowledgement!

    I really care little for their designation coming from them it doesnt mean much!

    I am now a member of the IFS a far superior organisation in every conceivable way Oh and by the way cheaper!

  6. @Chris you mean the Chartered Insitute of Bankers Trading as IFS.
    I was a member of the CIOB before the rebranded to IFS. They are all much of a muchness as far as I am concerned and persoannly were having an SPS not mandatory and practically impossible to get without submitting to someone elses code of ethics, I would not be a member of ANYONE who says you have to be a member of one of us in order to work as that is a closed shop and I thoight was suppossed to have bene banned, but appears acceptable when the closed shop is imposed effectively by an unaccountable regulator.

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