CII rolls out separate mortgage society

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The Chartered Insurance Institute is launching a new division of the professional body aimed specifically at mortgage brokers and advisers.

Called the Society of Mortgage Professionals, this new body is to be headed by Richard Fox, compliance officer at the Mortgage Code Compliance Board and will focus on professional and educational standards - including the development of the ASSESS online mortgage technology - of mortgage intermediaries once new regulations come into force in November. Surprisingly, this division is be stand alone rather than as part of the proposed Personal Finance Society, which if achieves a successful ‘yes’ vote next month will see the merger of the Society of Financial Advisers and the Life Insurance...

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