CII merger to create global professional body

The merged body, called the Chartered Institute of Financial Services (CIFS) will have over 105,000 members across 170 countries. It will seek to secure and justify public confidence in the professionalism of its members worldwide. An international membership body promoting a clear set of standards, it will raise the profile of industry qualifications with consumers and regulators. It will also create an ethical framework to offer a professional response to the recent seismic events in global capital markets, according to the Personal Finance Society (PFS). The body will help driv...