The CII has issued a redundancy guide to assist members concerned about losing their job in what it calls a "failing" economic climate.
Sandy Scott, chief executive officer of the CII Group, says 6,000 UK jobs are estimated to be lost in the first eight months of this year, adding that "in the wider financial services market the situation is now a lot worse as 2008's credit crunch becomes 2009's world financial crisis."
"We cannot be sure what the future will bring, although the underlying financial stability of our major insurers offers good cause for hope," he adds.
The guide has been put together in collaboration with several experts in their fields, and includes topics such as: the emotional consequences of coping with redundancy, the legal issues of redundancy and advice for getting back into employment.
It also looks at developing skills and upgrading CII qualifications, the options available to members to retain their CII membership and the financial and practical support the Insurance Charities can offer employees within the insurance industry.
The guide is now available to members on the CII web site www.cii.co.uk
To comment, contact Charlotte Banks on 0207 484 9943 or email: [email protected]IFAonline
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