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CII member fined for being drunk and abusive at event

A member of the Chartered Insurance Institute and the Personal Finance Society has been fined for aggressive behaviour following “excessive alcohol consumption” at an event held by the professional bodies last year.

A notice published in the latest issue of Financial Solutions, the PFS magazine, reveals the member came before the CII disciplinary hearing in March.

The notice says the unnamed member, by his own admission, was found to be in breach of the CII/PFS code of ethics by the CII disciplinary panel.

The notice says: “The respondent had, as a result of excessive alcohol consumption, behaved aggressively and inappropriately towards a fellow attendee following a CII/PFS event in September 2011.

“The disciplinary panel felt it was important the CII took the matter seriously and noted unprofessional conduct of its members had reputational issues for the institute and
disciplinary consequences for the member.”

PFS past president and Syndaxi Chartered Financial Planners managing director Robert Reid says: “Reputational risk is a big thing for us as a professional body. Ethics and behaviour are important 24 hours a day, seven days a week. As a member, you have got to behave yourself, it is as simple as that.”

The amount of the fine was not disclosed.


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There are 35 comments at the moment, we would love to hear your opinion too.

  1. If it was anything like the CII events I’ve attended I’m sure the poor man only did this to prevent himself from slipping into a coma. Soporific.

  2. Under the English Bill of Rights, 1689 it is forbidden to levy fines and forfeitures without trial in a court of law.

    Anyone thinks this applies to any other organisation you can think of?

    Answers in list format please

  3. Does this mean I now have to behave myself at weekends too, after a bad golf day!!!

  4. Misdemeanours of this nature often fall under the “there but for the grace of god” category. So, while I think that the CII’s action was absolutely correct, I believe that it also act with proportion and decency in not naming the miscreant.

    And that’s where the CII differs from another TLA that loves to fine, name and shame …..

  5. Bloke found p!$$ed at CII dinner. In the old days it used to be compulsory….

  6. Ned Taylor – you are talking about common law and not the law laid down by the organisations in their code of conduct. Any organisation can fine, suspend or ban a member in breach of it’s own code of conduct which that member has agreed to in joining that organisation. As long as any action taken by the organisation is reasonable. Being drunk and disorderly at a professional event is not only a breach of that code of conduct, but it also could be a breach of common law which could have a more serious outcome for the individual e.g. criminal record to disclose on the FSA register.

    So I suspect the individual in question was more than willing to accept a small fine by the organisation rather than take the consequences of criminal court proceedings that you suggest.

    Common sense prevailed.

  7. Ah the memories, “alcohol” almost forgotten what its like not being able to afford any for so long after paying the CII so much for exam material, sittings and fees.
    I second Tricia’s comment above, many a true word spoken in jest.

  8. Soren Lorenson 7th June 2012 at 9:21 am

    FIFA, FIA, Law Society, FSA.

    Your correct about statutory fines but this is a fine levied by an organisation on a member under that organisations rules. They cannot enforce the fine, of course, but if the member refuses to pay then membership would usually be withdrawn.

    I find it quite unsavoury but then I find a lot of what the CII does unsavoury.

  9. I blame regulation, you should see the state of me by 4 o’clock on a friday afternoon !

  10. Andrew Mallett 7th June 2012 at 9:34 am

    What surprises me is that this guy had to get drunk to be aggressive. I get drunk to calm down !

  11. So an unnamed person was fined an undisclosed amount for misbehaving at an unreported event! Hardly news is it?
    Given Ned’s comment, can we assume he would have been booted out of the CII had he refused to pay up??

  12. IFA Manchester 7th June 2012 at 9:59 am

    I’m drunk right now!

  13. He might have been drunk but he was probably right to have a go. The CII have been letting the side down for too long and their attitude to their members when they raise a complaint or query is customer service at its worst in my experience. I will say for the record when I’m not drunk the CII are not my favourite organisation and doing business with them is not what you would call a pleasure.

  14. What if 2 CII members were in their local pub and they got drunk and acted inappropriately? Was the matter only an issue because other CII members witnessed it?

    This article is stupid.

  15. CII pompous asses. Who do they think they are ? This is another organisation with an overinflated sense of its own importance. If there was a problem they should have called the peoper authorities.

  16. Having seen a number of CII so called respectable members getting drunk in nightclubs and generally behaving poorly most of the CII board should be fined !!!!

  17. If you or one of your family were to be the subject of aggressive and inappropriate behaviour from anyone (drunk or not) you might want something done about it. It’s not acceptable, not on London Underground, not in A&E and not between professional colleagues (or anyone else for that matter).
    And it’s nothing to do with where it happens (though the person concerned may well be glad it was at a private function – elsewhere and the police might have had something to say about it too).
    I’m genuinely astounded that most people seem to think this is funny or a somehow acceptable response to a boring event or unsatisfactory customer service.

  18. @ IFA Manchester – I am liking your style, lets hook up and steel a car 🙂

  19. something else we cant do – just add it to the list.

  20. Interesting, The police, in my experience if called would have done nothing at all. It would take them 2 days to turn up anyway.
    The CII are pompus, we all know that, but getting pi55ed up and being violent is only acceptable in Manchester and a small enclave of Bolton I think.

  21. man on the moon 7th June 2012 at 12:11 pm

    sounds like he was a twonker, when I were a Broker Consultant we used to place bets on who would let it all hang out at particular events. let myself down once too often to boast about. recommend a good dose of codliver oil followed by confessions for a week.

    @shane – best to keep the swally under wraps well away from other insurance types that way no-one can report your misdemeanours.

  22. We are all subjected to aggresive and at times inappropriate behaviour from the regulator.
    What do you have to say about that Gillian?

  23. It may say a lot about our industry when this is the most “commented on” article today.

  24. Spot on Gillian. The largest amount of damage to this industry will be caused within this industry and the attitude of people in this forum is a demonstration of this. There doesn’t appear to be many people in here with sympathy for the fellow attendee that was the subject of this behaviour.

    The drunken idiot did not need to be a member of the CII, but when he chose to join, he accepted the terms.

    I’m sick of industry events where a loud, boorish, drunk rants and raves about how difficult it is to make a living as an IFA because of regulation/women/graduates/clients/anti money laundering requirements*

    It might be a whole lot easier to make a living if people focussed on their clients and their business model rather than where the next provider golf day is coming from, ,and any other jolly they can get their grubby mitts on.

    *delete as applicable

  25. Some great comments on this subject. What a breath of fresh air for once. Anyone fancy a pint?

  26. I am not defending the individual, but I defend their right to be able to be obnoxious and continue to earn a living (if anyone will still willingley deal with them knowing they are obnoxious of course).
    The individual is at liberty to refuse to pay (it is not enforceable in a court of law), but in doing so they have to accept the right of the CII to remove their membership.
    In turn, as I understand it, tehre are currently accredited bodies who will issue an SPS without having to be a member of that body. That is then just. If there ceases to be a body which will do this, then the FSAill in fact be responsible as things stand for deciding whether the person can remain an approved person WITHOUT an SPS becuase no one else is willing to issue one. The FSA cannot remove approval due to lack of an SPS if the bodies refuse to give one due to the individual being obnoxious or abusive, but NOT committing a criminal offence.
    By the way, it was NOT me as I don’t like big events like this as I find there are often several people who are obnoxious (in my opinion).

  27. Get in there my son !!

  28. Very sad about some of the comments that people think that this is OK – shows a lot about our industry!

    How would you feel if you put an event on a had to put up with a drunk that ruined it. I think that the answers would be different.

  29. @ ashamed – How sad that you are so ashamed you don’t feel able to post under your own name?

  30. Loved Andrew Malletts comments. Personally the whole feature is nothing more than snobbish, unimportant nonsense. Do you think MPs, Doctors, Solicitors, Presidents and Royalty,FSA employees and all manner of so called professionals are not getting juiced up and making a fool of themselves, yesterday,today and tomorrow. Look out the administrators of justice it just might be you next.

  31. Personally I think the CII losing candidates completed exam papers is far more unprofessional. They should have had the book thrown at them. To think those bright sparks manage to lose them when sober!!!

  32. Julian Stevens 8th June 2012 at 8:12 pm

    What’s his name then ~ Duncan Disorderly?

  33. @paul Woolley 7th June… I come from a small enclave of Bolton and now live in Manchester, so no hope for me joining up to the CII. Although always like to have the last word. 😉

  34. “At a disciplinary hearing on 27 March 2012, the disciplinary panel, found a CII/Personal Finance Society (PFS) member to have been in breach of the code of ethics, by his own admission. The member was fined. The respondent had, as a result of excessive alcohol consumption, behaved aggressively and inappropriately towards a fellow attendee following a CII/PFS event in September 2011.”

    It is also worth pointing out that (1) the disciplinary panel has no CII employees on it and (2) all fines are given to charity.

    David Ross

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