CII and LIA to develop online T&C

The Chartered Insurance Institute (CII) and the Life Insurance Association (LIA) have teamed up to provide financial advisers with an online compliance and competency system which should meet FSA e-commerce guidelines. Although the new development is not expected to be unveiled until September, both parties have been working on their own online training and testing systems for some time because the Financial Services Authority is planning to conduct much, if not all, of its future adviser Training & Competence over the internet. The FSA says it is also interested in transferring com...