View more on these topics

CII sees 24% boost to chartered financial planner numbers

Chartered-Insurance-Institute-CII.jpg

The number of chartered financial planners has risen 24 per cent over the last year and doubled in the last three years, figures from the Chartered Insurance Institute show.

There were 3,513 individual chartered financial planners as at March, compared to 2,839 at the same time last year.

The number of chartered financial planning firms also increased 24 per cent over the year from 404 to 502.

Overall the CII had 21,331 individual chartered members as at March 2013, including 14,921 chartered insurance practitioners and 2,897 chartered insurance brokers.

The professional body has a total of 669 chartered member firms, including 145 chartered insurance brokers and 22 chartered insurers.

The CII says: “We believe chartered titles have a big role to play in securing the successful development and reputation of the insurance and financial planning sector. Part of our role as a professional body is to ensure our members develop the highest standards of professionalism and to promote the fundamental values of professionalism to our members and the public.

“With more and more individuals taking on higher levels of qualification, we are optimistic about the future growth of numbers of chartered title-holders, and the higher standards of professionalism this will reinforce across the sector.”

Recommended

1

Former PFS president Jon Everill joins FundsNetwork

Fidelity FundsNetwork has appointed former Personal Finance Society president Jon Everill as head of advisory services. Everill has established several financial planning businesses during his 23 years in the industry and recently set up his own consultancy practice ‘ResourceSuite’. He is currently a director at the PFS, having been the society’s president in 2011/12. FundsNetwork […]

Chris Gilchrist: The 3 investor responses to the last crash

The crash of 2008 was far worse than that of 2001 in that almost all assets apart from gilts fell together. The result was that even cautious portfolios saw unacceptably large falls in value. Over the past few years the different responses to this disaster have clustered around three propositions: This time isn’t different. The […]

FCA considers banning retail promotion of CoCos and ‘novel securities’

The Financial Conduct Authority is planning to consult on whether to restrict the marketing of “novel securities” such as contingent convertibles to retail investors. In its final guidance on the promotion of unregulated collective investment schemes, the watchdogs says it is “monitoring the market” in CoCos, building society deferred shares and other novel securities out […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment