CII reports consolidated operating surplus of £3.3m for 2021

Revenue increase from educational activities

clock • 1 min read
CII reports consolidated operating surplus of £3.3m for 2021

The Chartered Insurance Institute (CII) has declared a consolidated operating surplus of £3.3m for 2021, as compared with a £4m operating deficit in 2020, according to its latest financial statement.

The financial report highlighted a £2.2m increase in revenue from qualifications and educational activities in 2021. Costs were saved, it said, as a result of local Institutes opting to voluntar...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Your Business

FCA data showed that the number of firms with over 50 advisers rose 17% from 35 firms in 2020, as consolidation within the financial advice market continued to narrow the number of smaller firms

Number of smaller advice firms continues to shrink, analysis finds

'Costs of running an advice business on the rise'

clock 12 August 2022 • 2 min read
Chris Jones: "The real value of an adviser has always been in the advice itself. Today, with modern systems, suitable advice can be delivered and value can be demonstrated efficiently."

Chris Jones: Once there was a time

'The real value of an adviser has always been in the advice itself'

Chris Jones
clock 11 August 2022 • 4 min read
Quilter CEO Paul Feeney

Quilter maintains inflows amid 12% group AUMA decline

HNW flows up £100m

clock 10 August 2022 • 2 min read