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Play the generation game, says CII

The Chartered Insurance Institute is calling for the industry to adapt CPD

to fit in with the changing nature of the workforce.

The CII believes that companies should concentrate on training second and

third-jobbers who have proved their commitment rather than on new recruits,

as they have in the past.

The CII says the “psychological contract” between employee and employer

has changed due to the emergence of Generation X.

This generation lacks the security of having a job for life and tends to

be more mercenary about moving on when the opportunity presents itself.


FSA guide to find good advice

The FSA has issued a series of top tips to help consumers avoid beingstung by rogue financial advisers.The FSA says the guidelines are designed both to warn consumers offunauthorised advisers and help them get the most out of authorised ones.The tips already feature on the FSA website and the regulator hopes theirpublication will draw attention […]

IFAs find little awareness of stakeholder

IFAs believe employers have failed to take in the implications ofstakeholder, according to a survey by Scottish Equitable.Out of nearly 2,000 IFAs interviewed by the life office, fewer than 4 percent thought that employers understand stakeholder.Under stakeholder rules, all firms employing five or more staff must makesome form of pension arrangement available to their employees […]

Independent View

It is a nerve-wracking time for any fund management group if one of theirleading investment managers leaves, particularly to go to a competitor.Unless they can replace him with someone just as good, there is likely tobe an exodus of money following the departure.It is also a headache for the IFA in deciding whether to advise […]

All over bar the shouting

You could have easily mistaken Bradford & Bingley&#39s SGM as a gathering ofSaga holidaymakers who had just been told they were going to Scunthorpeinstead of Spain.Less than 500 elderly members milled around a venue with a capacity of13,000, looking overwhelmed and disappointed.The PRs were out inRottweiler style trying to steer reporters away frommembers and into […]


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