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Huge surge in women registering for Cergi

The Institute of Financial Services has seen a massive surge in the numbers of women registering for its general insurance qualification.

The IFS says almost 2,000 registrations have been received from women for the single-module qualification, representing about 40 per cent of the total number of candidates.

Cergi is a self-study qualification, with one module and one exam.

The UK financial services market has seen a growing number of female advisers joining although men still dominate the market.

IFA Promotion says of all the firms it has on its database, 25 per cent have at least one female adviser. IFAP has 97 per cent of the IFA market registered on its database.

IFS head of faculty financial regulation Mark Roberts says: “Our distance learning programmes and easy-to-use study materials make professional qualifications accessible to all.

“In an industry that has been traditionally populated by men, it is refreshing to see that the balance is now changing and that the industry is becoming more representative of society in general.”


Sesame members reveal fears over selling businesses

Thirty-six per cent of Sesame members fear they will not be able to sell their businesses when they retire. A survey of 1,200 advisers attending Sesame Learning meetings also found that while 63 per cent foresee a long- term future in financial services, 6 per cent want to leave the industry. The research shows that […]

Pru plots business map

Prudential UK is launching a consultancy service to help financial intermediary businesses develop, with a particular focus on assisting firms move away from over-reliance on front-end commission. PruConsulting is a free service aiming to help business owners map out a clear strat-egy to produce greater business efficiencies and develop profitable business models. Business consultancy director […]

Hips could eat up the PI

Advisers who offer home information packs could be exposed to liabilities due to insufficient professional indemnity cover, warns PYV chief executive Neil Pointon. Pointon says brokers offering Hips to clients to secure new business will not be covered for mistakes in the packs by their existing PI policy. He says: “If advisers do get involved […]


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