Advisers will no longer be able to use the ‘gap-filling’ option when applying for a Statement of Professional Standing (SPS), the Chartered Insurance Institute (CII) has announced.
The professional body said the option would be scrapped from the end of August 2021. It stressed the end of the option would not affect advisers who obtain an SPS through the gap-filling route before that...
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The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers