CII membership rises on RDR 'challenge'

CII membership jumped 7.2% on 2006 – to just under 92,000 members – the fastest growth rate since 1935. The institute attributes the rise to the increasing number of financial advisers and IFA firms seeking professional body support amid the challenges presented by the FSA's Retail Distribution Review. A number of partnership arrangements with general insurance providers also boosted membership numbers the CII explained. "I am delighted that more individuals, as well as the companies in which they work, see the value of joining the industry's professional body,” CII President Lord Hun...