CII news
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29 April 2008 CII response to FSA Retail Distribution Review (RDR) Interim Statement
The CII Group welcomes the FSA’s Interim Statement on retail distribution review (RDR), and the backing it gives to the industry-led drive to create a step-change in the levels of professionalism in the retail distribution market, and the debate created by the FSA’s suggestions for a “simple landscape” within the sector.
14 April 2008 CII to introduce Takaful module in the UK
The CII Group continues its partnership with the Bahrain Institute of Banking and Finance (BIBF) by accrediting the programme on Takaful (Islamic) insurance recently launched by the BIBF and announcing that the new qualification will be available in the UK by September 2008.
4 April 2008 Professional Bodies Agree Principles On Raising Standards Within Financial Services “The Edinburgh Declaration”
The four leading professional bodies representing retail financial services including banking, insurance and investment sectors have jointly announced a Statement of Principles for professionalism in advance of the FSA’s interim statement on the retail distribution review.
25 March 2008 CII calls on Government to push through personal injury reforms
The CII Group supports the ABI in calling on the government to follow through on its proposed reforms to the personal injury compensation system.
20 March 2008 CII warns of potential graduate recruitment shortfall
The CII Group has highlighted results from recent surveys and warned that the industry needs to take apprenticeships and graduate recruitment seriously to avoid long term implications.
14 March 2008 CII Group backs pilot to build trust in Money Guidance initiative
The CII Group believes the Thoresen Review proposed Money Guidance (MG) model will work if the consumer is prompted to action.
10 December 2007 CII sets out roadmap to enhance professionalism in its RDR submission
The CII Group has called for an effective professional framework to complement the FSA principles-based regulatory regime and to improve standards in the industry for the benefit of all advisers and the consumer.
3 October 2007 CII to define the industry RDR framework
The CII has launched the first of its position papers on the future landscape of the financial services industry, in response to the Financial Services Authority (FSA) Retail Distribution Review (RDR).
16 March 2007 CII appoints Ian Porteous as Head of Regional Business Development for South East Asia
The CII has appointed Ian Porteous as Head of Regional Business Development, South East Asia and Hong Kong, based in Singapore.
16 March 2007 CII GROUP APPOINTS NEW DIRECTOR OF POLICY AND PUBLIC AFFAIRS
The CII Group has announced the appointment of David Thomson to the new position of Group Director of Public Affairs.
8 March, 2007 CII ESTABLISHES FIRST OFFICE IN INDIA
The Chartered Insurance Institute (CII) is to open an office in Mumbai, its first in India, to meet the growing demand for the CII's professional development services to be delivered to offshore customer services facilities.
1 March, 2007 HIGHER LEVELS OF COMPETENCE ENDORSED BY CII
The Chartered Insurance Institute (CII) welcomes the FSA's proposal in CP07/04 that, following the introduction of revised rules on 1 November 2007, all authorised firms must employ personnel with the skills, knowledge and expertise necessary for the discharge of the responsibilities allocated to them.
15 February, 2007 EQUITY RELEASE CERTIFICATE GAINS QCA APPROVAL
A new Certificate in Equity Release from the Chartered Insurance Institute has been accredited by the examinations regulator the Qualifications & Curriculum Authority (QCA).
15 January, 2007 Home reversion plan top-up exam to be introduced by CII
A new Home Reversion Plan examination unit is to be launched by the Chartered Insurance Institute to coincide with the introduction of more stringent FSA authorisation requirements to improve consumer protection.
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